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Are free markets fair?

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Published on May 20, 2012

http://ArthurBrooks.AEI.org Arthur Brooks, author of the new book "The Road to Freedom," takes on the top myths about free enterprise. Part 2: "Free markets aren't fair."
Some people think that free markets aren't fair simply because a lot of people get rich while other people don't get rich, but that's not the real definition of fairness for most Americans. Fairness is creating an opportunity society and rewarding people for their hard work and merit. That's what 70% of Americans think. Spreading the wealth around isn't fair. Earning your success is fair. Getting ahead on the basis of your merits is fair. Having opportunity is fair and only free enterprise gives us those things.

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