Clarity from Chaos Podcast

THE WORST IS YET TO COME FOR OUR ECONOMY

May 24, 2023 Dave Campbell
Clarity from Chaos Podcast
THE WORST IS YET TO COME FOR OUR ECONOMY
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Show Notes

Clarity from Chaos guest: Dr. Rainer Zitelmann, author of In Defense of Capitalism . Dr. Zitelmann examines the ten most common objections about capitalism: 

  • capitalism leads to hunger and poverty
  • inequality
  • unnecessary consumption
  • environmental destruction
  • climate change
  • wars. 

Capitalism, its critics say, prioritizes profits over humanity, creates dominant monopolies, and undermines democracy.  Dr. Zitelmann scrutinizes each of these arguments in turn and reveals the critical flaws that debunk them. He offers counter arguments to each charge, deploying a wealth of historical evidence and eye-opening facts to prove that it is not capitalism that has failed, but a century of anti-capitalist experiments.The second part of the book explores popular perceptions of capitalism in Europe, the USA, Latin America, and Asia and is based on a specially commissioned Ipsos MORI poll of 21 countries, the results of which are presented here for the first time.

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