Why Unregulated Capitalism Is Moral 1 - Ayn Rand Institute

http://www.aynrand.org

This is part 1 of a lecture titled "Why Unregulated Capitalism Is the Only Moral Social System," delivered at the University of California, Irvine on April 14, 2008.

Dr. Yaron Brook is president and executive director of the Ayn Rand Institute in Irvine, California.

Category:

Education

Tags:

• Huckabee
• Ayn
• Rand
• Institute
• business
• Capitalism
• Hillary
• Clinton
• McCain
• socialism
• fascism
• Noam
• Chomsky
• economics
• Obama

[PanzerDivisionBOM]

@eddiemaxblack

And why could society afford to bear those laws? If a pre-industrial government had seriously enforced such laws, then what would have happened? Would the necessary wealth to maintain this lifestyle spontaneously manifest, or would people starve because they were prohibited from doing what they needed to survive?

What's happening right now, when minimum wages and assorted mandated benefits outstrip the marginal productivity of about a tenth of the workforce?

[notengonickcojones]

The main question is, why this people that only help the war industry, can and must take my money??? without governments we will have small enterprises, but people cannot understand this simple fact.

[notengonickcojones]

We need no government and just basic laws for environment, kid rights, etc...

[notengonickcojones]

@eddiemaxblack that's in fact wrong, America developed thanks to no intervention government, government is a consequence of the previous growing.

[notengonickcojones]

@37Dionysos fascist? go read some Ayn Rand book.

[notengonickcojones]

@amazingyou1uber nothing can be regulated without government.

[eddiemaxblack]

Pure capitalism means: no minimum wage laws, no child labor laws. No government intervention. None.

America would've never developed without massive government intervention.

[derkleinemaulwurf07]

What an utterly discredited fantasy

[brianmo180]

@umacarrot So were the founding fathers. And look how good your life is because of them.

[brianmo180]

Funny how all the critics responding to part 1 of this video series are trying to make points that the guy in the video thoroughly explains and refutes in the later parts. Idiots.