00:00    |    
Initial credits
00:06    |    
Introduction
01:46    |    
Occupy Wall Street protests
02:08    |    
Index of Economic Freedom 2007
03:40    |    
World income and population for the last 2,000 years
05:24    |    
Opposition to liberty
06:37    |    
Dog-eat-dog argument
Competition issues
Opportunities in capitalism
Individual loss
Time implications
Collective arguments
Failure possibilities
Gains through failure
Free market dynamism
Blacksmith's analogy
Value creation
Emotional implications
Abstract ideas
Comparative economics
Socialist metaphor
Moral virtues
36:11    |    
Destructive competition
System predators
Comparison between predation and competition
Win-lose relationship
43:11    |    
Responsive strategies to the argument
Economics
Ethics
Politics and the rule of law
History
Middle East case
47:31    |    
Final words
47:45    |    
Final credits



Share

Video:

Embed:

On the Best Arguments Against Free Market Capitalism (Part I)

05 de noviembre de 2011   | Vistas: 12 |   Capitalism Competition Ethics Free Market

Liberty has always encountered barriers through time, regardless of the benefits it portrays to those societies that embrace it. Stephen Hicks compiles arguments against free market capitalism that have prevailed in the human mind, and explains the various aspects that support this opposition. In this first part he speaks, among other arguments, about the dog-eat-dog conception regarding the liberal economic and social systems; he also describes the different aspects in which it can be disqualified as a valid argument, due to the misconceptions and fallacies it bears with it.




Stephen Hicks is professor of philosophy and executive director of the Center for Ethics and Entrepreneurship at Rockford College. He…

IDEAS DE LA LIBERTAD

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