Ep. 1313 Capitalism Makes Poor Better Off; Left Goes Berserk
The Tom Woods Show
Tom Woods
4.8 • 3.4K Ratings
🗓️ 4 January 2019
⏱️ 37 minutes
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Summary
The latest claim -- if you can believe it -- is that so-called dollar stores make the poor poorer. This isn't the first time the private sector has been condemned for expanding the choices available to the poor; I discuss three such cases in this maddening episode.
Show notes for Ep. 1313
Transcript
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| 0:00.0 | The Tom Woods Show, episode 1313. |
| 0:03.4 | Prepare to set fire to the index card of allowable opinion. |
| 0:08.0 | Your daily dose of liberty education starts here, the Tom Woods Show. |
| 0:14.5 | Folks, if you're like me, when you criticize the Federal Reserve, you get all these |
| 0:18.1 | lackey-style responses, why the Fed has made the economy more stable. |
| 0:22.7 | You don't want to go back to the 19th century, do you? All kinds of arguments like that. |
| 0:27.1 | Well, you can blow those and others out of the water with my free e-book, Our Enemy, the Fed. |
| 0:33.0 | Grab it at Our Enemy the Fed.com. |
| 0:36.6 | Everybody, Tom Woods here. |
| 0:38.4 | I've got a few items that I want to talk about today that all have something in common. |
| 0:44.1 | In each case, you've got something the private sector is doing that objectively benefits |
| 0:50.8 | the poorest people. |
| 0:53.0 | And in each case, the private sector is condemned for doing it. |
| 0:58.2 | And that, in fact, helped to form one of Woods's laws. I got several laws. I've forgotten what |
| 1:04.4 | they are at this point. Remember, one or two of it. One of them is a recent one. No matter whom you |
| 1:10.3 | vote for, you always |
| 1:11.1 | wind up with John McCain. Now, that may be, maybe there's an exception brewing. We'll have to |
| 1:17.4 | see with Trump. I don't know. But I've got a bunch of these. And one of them is that whenever |
| 1:24.3 | the private sector comes up with some innovation that benefits the poor, |
| 1:29.0 | it will be condemned for one reason or another. |
| 1:31.3 | It'll be condemned. |
| 1:32.1 | That innovation will be condemned. |
... |
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