Here’s a BRILLIANT Defense of Capitalism – Share It With Bern-Feelin’ Friends!

Arthur Brooks, President of the American Enterprise Institute, addresses these 5 myths about the capitalist free enterprise system:

  1. It hurts the poor
  2. It’s driven by greed
  3. It breeds envy
  4. It caused the Great Recession
  5. It’s unfair

And he shreds them.

Watch here:

Adam Smith famously and brilliantly said this:

“It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages.”

Another way to look at it: We buy the things we buy NOT because their purveyors are trying to do us a favor, but because they’re trying to earn a buck. The better they are at earning our dollars, the better off everyone is.


Thank you for reading and please share!

hausruleslogo-Centered - aligned at edges

Like
Like Love Haha Wow Sad Angry

Leave a comment