Robert P Murphy - What Is Capitalism?

Professor Murphy explains the characteristics of the free enterprise system.
http://www.LibertyPen.com

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[Hashishin13]

@BrotherWoody1 Every problem you just listed was caused by government. Corporations and national banks aren't free market at all.

[mattyelle1]

@StudentOfObjectivism Capitalism, but with heavy regulations on derivatives such as futures contracts and on banking, without a fractional reserve system (should be illegal for all countries) where money is backed by gold (or another stable commodity that is not consumed, if any...land?) and a persons right to life, no matter how poor, is not dictated by money. So a healthcare for all citizens, but privatized/subsidized to keep prices competitive. Other than that, less big gov! more community!

[quantumG]

Do you believe the state should have the right to force you to go to war and fight in their name? No? Congratulations, you've just tasted freedom.

[MrFattyfatfatboy]

capitalism means no forests, and devil take the hindmosts.

[badeldorado]

Capitalism is exploitation of man by man. Socialism is for the rich, which means they line their pockets with your money when they lose theirs.

[tyshekka]

Can you fix the audio?

[65679497]

Thank you so much for this.  I am going to use it in my high school history class.

[SuperNache]

@lordthawkeye As i Capitalist, i wouldn't move into that neighborhood. You have no right to go into an established neighborhood and tell them what they can and can't do anymore than you have the right to move next to an airport and tell them they have to keep the noise. down.

[Brantoc]

@bluefootedpig Great sources.. Ambulance chasers, and a group that called for the UN to reduce global population to 1 Billion a couple years ago.

[s0beit]

@bluefootedpig Who are "the commons"? The government does not represent me and I would not like any money to be paid to them on my behalf. So who, then, is the commons? Should they cut a check to everyone on the planet to the sum of a fraction of a penny?

Even so, air pollution is irrelevant. Your kind have been trying to justify some legislation without much luck and I do wish the best of luck to you, if only because you will have to live with the consequences as I do.