meta_pixel
Tapesearch Logo
Log in
Breakpoint

Attacking Capitalism

Breakpoint

Colson Center

News, Religion & Spirituality, News Commentary, Christianity

4.82.8K Ratings

🗓️ 12 September 2023

⏱️ 1 minutes

🧾️ Download transcript

Summary

According to the editors at The Economist, "Republicans used to extol the benefits of free trade and free markets," but now, many support barriers to international trade, generous government spending, and condemn corporate America. At least part of the shift is corporate America's leftward lurch, especially the trend to enlist the marketplace in woke causes while threatening the freedom of speech.  

Still, the urge to paint capitalism as the root of all evil is misguided. As civic education in the U.S. declines, fewer Americans on the left and the right understand how much better free markets are than every other alternative. Capitalism aligns better with the human condition than other systems, especially in seeing people as not only "consumers" but also "producers." Not merely as problems to be solved but as the best potential to solve the problems. 

That's why the market has lifted more people out of poverty than any other system in history. Throwing that away would be a serious mistake. 

Transcript

Click on a timestamp to play from that location

0:00.0

With a woman to look at culture from a Christian worldview on John Stone Street with the point,

0:04.6

according to the editors at the Economist, Republicans used to install the benefits of free

0:08.9

trade and free markets, but now, many support barriers to international trade, generous

0:14.2

government spending, and condemn corporate America.

0:16.7

Now, at least part of the shift is corporate America's left-word lurch, especially the

0:20.2

trend to enlist the marketplace and won't cause it.

0:22.8

Still, the urge to paint capitalism as the root of all evil is misguided.

0:26.6

Specific education in the U.S. declines fewer Americans on the left and the right understand

0:31.3

how much better free markets are than every other economic alternative.

0:35.5

Capitalism aligns better with human condition than other systems do, especially when it

0:39.6

sees people as not only consumers, but also as producers.

0:43.5

Not merely as problems to be solved, but as the best potential to solve problems.

0:47.6

And that's why the market has lifted more people out of poverty than any other system

0:51.6

in history, and throwing that away would be a serious mistake.

0:55.2

For The Colson Center, I'm John Stone Street.

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Colson Center, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Colson Center and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.