00:00    |    
Initial credits
00:06    |    
Introduction by Yaron Brook
00:17    |    
Why Capitalism and Free Markets work?
01:24    |    
Reasons why capitalism is rejected
02:09    |    
Crises and opportunities in the world
03:00    |    
The Hong Kong economic model
The free market behind Hong Kong's prosperity
Greece and Hong Kong: A comparison between small and big state
05:20    |    
United States: Economic growth in 19th century
05:46    |    
Contributions of economists on theory, reality and history
07:10    |    
Attitudes toward moral and ethical values
08:14    |    
The misconception of "free market economy" before the 2007´s financial crisis
09:17    |    
The 1930´s American great depression and its causes
10:09    |    
Goal of Capitalism
Goal of trade: Steve Job´s iPhone example 
Selfishness in production, trade and business
The pursuit of happiness in Capitalism and markets
14:01    |    
Self-interest in Capitalism 
Adam Smith´s "butcher, brewer and baker" parable on The W ealth of Nations  book
Self-interest taught as a moral value
Moral ambivalence of sharing and trading
Society's view of selfishness 
17:55    |    
Selflessness versus selfishness 
18:26    |    
Guiltiness feeling as a manipulative tool
19:30    |    
Win-win transactions and the creation of wealth in a free market economy
20:44    |    
Bill Gates and wealth distribution
Society's view of Bill Gates 
Helping people by making money instead of philanthropy
23:18    |    
Anecdote on philanthropy from society's point of view
25:44    |    
Business and the creation of the wealthiest and most prosperous country in the world
26:14    |    
Why Capitalism is losing the battle
The current ethical code and its inconsistency with Capitalism
28:50    |    
The ethical perception of public servants
J.P. Morgan versus Alan Greenspan
Trusting the public interested politicians, regulators and bureaucrats with more power
31:23    |    
Voting on the basis of ethics instead of economics
32:57    |    
Ayn Rand and the rejection of sacrifice and selflessness
Rational self-interest and its values
Our mind as the ultimate tool for survival and creation of value
Rationality: The number one virtue in objectivism
Self-esteem through objectivism
41:36    |    
Steve Job´s speech on finding an enjoyable work 
The virtue in business
Life lessons in failure 
Coercion impedes achievement 
46:57    |    
Free Market Revolutionbook
48:33    |    
Questions and comments segment
What is your opinion on Corporate Social Responsibility?
What are your thoughts on Tocqueville´s  ideas of enlightened self-interest and atomistic individualism?
If we focus on Capitalism, how is poverty going to be eliminated?
Is government necessary? 
What is your opinion on autocratic states that push their economies toward a free market system?
How does Capitalism deal with religion?
Will Capitalism ever prevail as an economic system?
It is ethical that capitalist fast food restaurants use dangerous chemicals in their food?
What is your opinion on government regulations?
Without strict regulations, how do you identify an abuse in the system?
01:17:51    |    
Final credits




Free Market Revolution

07 de agosto de 2013   | Vistas: 6 |  

Yaron Brook, director of the Ayn Rand Institute, explains why Capitalism and Free Markets work. Brook starts his presentation talking about Hong Kong and its economic model, contrasting their successful story to Greek crisis. He also suggests how through capitalism, current economic problems such as the debt crisis, the imminent inflation, anti-business regulations can be tackled. He also analyses the big challenge that all free markets defenders have to face against the arguments and rejection of this philosophy due to the misconception and misunderstanding of its philosophical basis.

Brook also cites the work of Ayn Rand who dedicated her life to study Capitalism and Objectivism philosophy and the clarification of the concepts: sacrifice, selflessness and selfishness.

Yaron Brook is President and Executive Director of the Ayn Rand Institute. He speaks at universities and corporations, promoting Ayn…


Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín