Ep. 586 Why Capitalism Is Morally Superior to Socialism
The Tom Woods Show
Tom Woods
4.8 • 3.3K Ratings
🗓️ 4 February 2016
⏱️ 28 minutes
🧾️ Download transcript
Summary
Defenders of capitalism often wind up making arguments that implicitly concede the moral superiority of socialism -- sure, socialism is a fine system, but we can't live up to it. What kind of defense of capitalism is that? Jason Brennan makes a powerful moral case for capitalism that avoids this pitfall.
Transcript
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| 0:00.0 | The Tom Woods Show, episode 586. |
| 0:03.6 | Prepare to set fire to the index card of allowable opinion. |
| 0:08.4 | Your daily dose of liberty education starts here, the Tom Woods Show. |
| 0:14.8 | Folks, if you are looking for more libertarian podcasts, then I recommend the Jason Stapleton program hosted by my friend Jason Stapleton. |
| 0:24.1 | Monday through Friday, he gives you an hour's worth of libertarian analysis of the news of the day. |
| 0:30.1 | Check it out at jasonstapleton.com. |
| 0:33.2 | When we talk about capitalism and socialism, a lot of times people, inadvertently even, wind up making arguments that essentially concede the moral high ground to socialism. |
| 0:47.1 | Oh, we couldn't have the whole world living the way socialists do in this small community and so on and so forth. |
| 0:53.0 | And this hands the argument over to the |
| 0:55.7 | socialists, that, well, if we could have socialism, it would be better than capitalism. Well, |
| 1:00.6 | can't we do better in defending capitalism than that? Well, our guest today says yes and makes |
| 1:07.5 | the case in his brand new book, Why Not Capitalism? |
| 1:11.5 | Jason Brennan has probably the longest academic title of anyone I have talked to on this program. |
| 1:18.6 | He is Robert J. and Elizabeth Flanagan family chair and associate professor of strategy, |
| 1:24.4 | economics, ethics, and public policy at the McDonough School of Business at Georgetown University. |
| 1:30.6 | He specializes in political philosophy and applied ethics. |
| 1:34.2 | He's the author of eight books, among them the ethics of voting, libertarianism, what everyone needs to know, |
| 1:40.9 | and the book we're going to be discussing today, Why Not Capitalism. |
| 1:44.9 | Jason, welcome to the show. |
| 1:46.6 | Thanks, Tom. Very good to be here. |
| 1:48.2 | I am a big fan of your book, Why Not Capitalism, and I hope you can start off by explaining |
| 1:54.1 | to people the meaning, the real meaning behind the title. I mean, on the surface of it, |
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