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Cato Podcast

Black Liberation through the Marketplace

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 20 May 2022

⏱️ 24 minutes

🧾️ Download transcript

Summary

Black Liberation through the Marketplace details some of the work necessary to begin to make good on the promises of property rights, freedom of contract, and the protection of the rule of law for all Americans, most especially those Americans to whom those promises have not been delivered. Rachel Ferguson is the book's coauthor.

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Transcript

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0:00.0

This is the Kator Daily Podcast for Friday, May 20th, 2022.

0:06.2

I'm Caleb Brown.

0:07.2

What contributions do classical liberals have to offer in attempting to heal racial pain

0:11.5

and divisions in the US and make good on the

0:14.1

promise for government to do right by all of its citizens. Rachel Ferguson is

0:18.5

co-author of the new book Black Liberation Through the Marketplace, we spoke this

0:22.4

week. Shortly after Brianna Taylor was

0:25.1

killed in Louisville. I lived just outside of Louisville. My friend who writes columns in a local

0:30.4

paper was having a question about well you know what should I write about in response

0:36.6

to this and one of my thoughts was well there are a lot of different promises that America makes to people, and particularly

0:48.8

in the black community, it doesn't seem like those promises have been followed through on at least if you're looking at it from the outside in you say well these a whole lot of these people are being treated very poorly in a way that appears to exist in a consistent way.

1:07.3

And my suggestion to him was, if you want these promises to appear credible to this community, that is, you know, life,

1:20.0

liberty, pursuit of happiness and on all of the things that that entails by creating a legal

1:24.9

system to create those things. If you want those promises to appear credible to that community,

1:31.8

it would really help if they actually were credible. So you've written this book that I think

1:36.4

takes that in a pretty systematic way and breaks down what the failures are in sort of the American promise.

1:47.3

Yeah, that's right and I actually love that story. That's a really good way of presenting

1:52.0

exactly what we want to do here. You know, we can go on and on about the

1:57.7

wonders of the American founding and the brilliance of our Constitution, both of which I totally agree with,

2:04.1

but we, as you said, will have no credibility

2:06.9

with certain communities if we do not very clearly

2:11.2

acknowledge the ways in which they were not allowed to benefit from the things

...

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