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

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

Join the conversation!

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.

Do NOT follow this link or you will be banned from the site!

Send this to a friend