Thinking to Believe
Thinking to Believe
168: The Moral Case for Capitalism
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Capitalism is the natural economic system, meaning it's what people do naturally until and unless they are constrained to do otherwise by the State. In this episode, I argue for the moral and practical superiority of capitalism. It is not perfect, but it is the best economic system available.
I also discuss minimum wage laws and argue that increasing the minimum wage has many negative, unintended consequences that often hurt the very people they are intended to help.
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