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Louie's avatar

Capitalism has gotten such a bad name, but this is understandable given that it has become a blanket term. But free market capitalism hasn’t existed for many decades. The idea that an agreement between two parties to exchange something each finds valuable is not only not evil, but propels people out of poverty and into deep prosperity unlike any other system that has existed, including and especially centrally planned economies.

Interested in learning more about Austrian economics? Read, Man, Economy, and State, with Power and Market, by Murray Rothbard

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cathyvera's avatar

clicking on those 2 things did not work

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