Economics Government

3 Liberal Myths about Capitalism – Why Capitalism is the Answer, NOT the Problem

Capitalism
Written by Onan Coca
Dr. Jeffrey Miron, of Harvard University, sits down with the folks from Learn Liberty to explain why all of the popular talking points that are commonly bandied about by liberal demagogues on the left about capitalism are all WRONG. Dr. Miron explodes three major liberal myths:
  1. Pro-Capitalism = Pro-Business. Or better, “pro-corruption.” This is just not true. The truth is that being “pro-capitalism” actually means being pro-consumer.
  2. Capitalism generates unfair distribution of income. Wrong. Capitalism rewards productivity.
  3. Capitalism caused the 2008 Financial Crisis. Actually, that is the exact opposite of the truth. The Crisis was caused by the absence of capitalism and the presence of crippling government regulation.
Learn the truth about capitalism, then share this video with your ignorant (i.e. liberal) friends.

The views expressed in this opinion article are solely those of their author and are not necessarily either shared or endorsed by EagleRising.com


About the author

Onan Coca

Onan is the Editor-in-Chief at Liberty Alliance media group. He's also the managing editor at Eaglerising.com, Constitution.com and the managing partner at iPatriot.com. You can read more of his writing at Eagle Rising.
Onan is a graduate of Liberty University (2003) and earned his M.Ed. at Western Governors University in 2012. Onan lives in Atlanta with his wife and their three wonderful children.

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