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The Tom Woods Show

Ep. 1906 Capitalism and Its Critics

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.83.3K Ratings

🗓️ 28 May 2021

⏱️ 30 minutes

🧾️ Download transcript

Summary

Donald Devine joins me for a series of warnings, intended for left and right alike, about using government to transform society according to your preferred pattern.

Transcript

Click on a timestamp to play from that location

0:00.0

The Tom Wood Show, Episode 1906.

0:03.2

Prepare to set fire to the index card of allowable opinion.

0:07.7

Your daily dose of liberty education starts here.

0:11.2

The Tom Wood Show.

0:14.3

Hey folks, Tom Woods here.

0:15.5

Today we're going to discuss a brand new book called The Enduring Tension,

0:19.6

Capitalism and the Moral Order by our guest, Donald Devine.

0:23.6

He's been a professor of government and politics at the University of Maryland.

0:27.1

He's also taught at Bellevue University and in 1981 he was appointed by Ronald Reagan

0:32.2

as director of the US Office of Personnel Management.

0:35.2

And in the book The Enduring Tension, he takes on many of the arguments that have been

0:39.7

leveled against capitalism over the years and well, frankly, he levels them.

0:44.5

Don Devine, welcome to the show.

0:45.9

Well, thanks for having me, Tom. I appreciate it.

0:49.3

All right, let's stick into this because this book, The Enduring Tension,

0:53.6

deals with some issues that I've dealt with for quite some time and I have a book, The Church

0:58.4

of the Market, from 16 years ago, that may not be clear to the average reader.

1:05.5

But I intended that book actually not as a corrective to, let's say, social democrats

1:11.5

or even outright socialists in the Catholic Church, but I was actually aiming that book

1:15.6

at traditionalists. I considered myself to be one because I was concerned about some of the

1:21.8

arguments that people on the right were making about the market economy. I thought they were,

1:26.2

I understood where they were coming from, but I thought by and large the, the arguments either

...

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