Yes Gravel Institute, Capitalism IS Freedom

Fordham Law School Professor Zephyr Teachout has released a video for The Gravel Institute titled, “Capitalism vs. Freedom.” In it, she argues that capitalism results in ruthless monopolies that mercilessly dictate the lives of every person within the economy. However, like every other critic of capitalism, she conflates voluntary transactions in the free market with government regulations, then advocates greater power for government to fix the problems that the government caused.

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Hashtags: #TheGravelInstitute #ZephyrTeachout #Capitalism #FreeMarket #Economics #Government #Politics #GravelInstitute

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Original Video:


References:

Agarwal, R. (2018, November 15). Why Amazon Runs Toward Government With HQ2. Retrieved October 25, 2020, from https://www.forbes.com/sites/washingtonbytes/2018/11/15/why-amazon-runs-toward-government-with-hq2/

Apply for licenses and permits. (n.d.). Retrieved October 25, 2020, from https://www.sba.gov/business-guide/launch-your-business/apply-licenses-permits

Chappelow, J. (2020, September 16). Capitalism. Retrieved October 25, 2020, from https://www.investopedia.com/terms/c/capitalism.asp

Dilorenzo, T. J. (1996). The myth of natural monopoly. The Review of Austrian Economics, 9(2), 43-58. doi:10.1007/bf01103329

Dunkelberg, W. (2017, April 04). The Insidious Cost Of Regulation. Retrieved October 25, 2020, from https://www.forbes.com/sites/williamdunkelberg/2017/04/04/the-insidious-cost-of-regulation/

Edward Snowden: Leaks that exposed US spy programme. (2014, January 17). Retrieved October 25, 2020, from https://www.bbc.com/news/world-us-canada-23123964

Federal Laws Prohibiting Job Discrimination Questions And Answers. (2009, November 21). Retrieved October 25, 2020, from https://www.eeoc.gov/fact-sheet/federal-laws-prohibiting-job-discrimination-questions-and-answers

Foulkes, A. (2005, May 17). In Defense of Employment-at-Will. Retrieved October 25, 2020, from https://mises.org/library/defense-employment-will

Legrain, M. (2018, November 26). Revealed: Restricting breaks keeps poultry industry workers living in fear. Retrieved October 25, 2020, from https://www.theguardian.com/food/2018/nov/26/revealed-restricting-breaks-keeps-poultry-industry-workers-living-in-fear

Merriam-Webster. (n.d.). Freedom. In Merriam-Webster.com dictionary. Retrieved October 25, 2020, from https://www.merriam-webster.com/dictionary/freedom

Moseley, G. B. (2008). The U.S. Health Care Non-System, 1908-2008. AMA Journal of Ethics, 10(5), 324–331. doi: 10.1001/virtualmentor.2008.10.5.mhst1-0805

Tucker, J. A. (2008, January 07). How Free Is the “Free Market”? Retrieved October 25, 2020, from https://mises.org/library/how-free-free-market

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This video may contain copyrighted content. Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

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