Economic Collapse News | 5 May 2016
Capitalism has garnered a bad reputation in recent years, despite bringing more people out of poverty than any other type of system in the history of the world. LearnLiberty has a new video out that outlines three myths of capitalism, explained by Dr. Jeffrey Miron from Harvard University.
The three myths are:
- Pro capitalism is equal to pro business
- Capitalism generates unfair distribution of wealth
- Capitalism caused the 2008 economic collapse
The video is embedded below: