Tuesday, November 03, 2009

Common Objections to Capitalism - Art Carden - Mises Institute

Common Objections to Capitalism - Art Carden - Mises Institute:
"This article is based on Professor Carden's lecture 'Common Objections to Capitalism,' given at the 2009 Mises University Summer Program on July 30, 2009, and available as an MP3 download.

A lot of people object to what they call "capitalism," but their objections hold little or no water once they are examined critically. Let's consider some of the most common objections in turn."

This piece should be required reading (or ristening) for everyone who has ever doubted capitalism. It covers such topics as whether capitalism exploits the poor, encourages racism/sexism, is bad for the soul, encourages boom and busts, and hurts the environment. Good stuff.

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