Capitalism and Freedom: How the Gravel Institute Lies to You—Capitalism is Freedom

In this video, I cover in response on Capitalism and Freedom which explains how the Gravel Institute lies to you as capitalism is freedom. It is very clear from the argument made by the so-called professor of law that she hasn't got a clue what capitalism is. She concedes by speaking about today's economy which isn't even capitalist, then is forced to concede later that the market isn't free, which proves she is all over the shop.Show more

I could not reiterate it enough, capitalism is an individualist system, you cannot correlate capitalism in any shape or form to that of collectivism as that is anti-capitalism, it defies the entire meaning of capitalism. The definition of individualism is as follows:

• a social theory favouring freedom of action for individuals over collective or state control.
• A doctrine advocating freedom from government regulation in the pursuit of a person's economic goals.

As I have addressed that explains how the Gravel Institute lies to you, capitalism is most certainly not responsible for monopoly creation. You can check out a video I covered on the Antitrust myths that not only explains why monopolies cannot stem from predatory pricing but also it destroys the myth of the robber barons.

Monopolies: The Antitrust Myths:
• https://www.youtube.com/watch?v=HC9KNt8-T4g

It is important you watch and learn about the Antitrust myths as it helps you to understand where monopolies stemmed from and the real rationale behind the government's interference. As I have explained, it wasn't in favour of the consumer.

I also addressed the point regarding employment and exploitation, something Zephyr Teachout doesn't comprehend it was all thanks to her socialist government interventionism that restricted market competition, created the monopolistic system, drove private-sector costs through the roof, and made employment opportunity harder to come by as we live in the absence of a capitalist system.

The truly magical part of all is, however, the concession that the market is not free. Well, no surprise there, much like Second Thought and Joe Scott, these people simply haven't got a clue about economics or what capitalism is.