Saturday, July 26, 2025

War on Capitalism - Stossel TV

Capitalism gets a lot of hate.
I expect it from the left. 
They blame free markets for 
  • racism, 
  • “horrifying inequality” and even, according to Economist Joseph Stiglitz, 
  • “accelerating climate change.”
People on the right generally defend capitalism, but today, a growing number agree with the left...
  • So it puzzles me that as markets continue to lift more people out of poverty, capitalism faces more attacks, even from the right.
  • “The problem,” says Lindsay, is “it requires people to be freeYou can’t control people who are free … So we need to have a government system to tell them to do the right thing in the name of the common good. That’s the mentality.”

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