March 12, 2024
Will the haters come out for this 19-minute episode?
Most people don’t understand free-market capitalism. Even some of its defenders believe it’s driven primarily by greed.
The opponents of capitalism think greed is a sufficient reason to compel people to share. They call that socialism or redistribution.
In this episode, titled “How Capitalism Optimizes Redistribution of Wealth,” we explain that…
- Socialism is not sharing.
- People want to share.
- Investors are engaged in a form of sharing.
- We “eat the rich”! That is, we directly benefit from wealth inequality.
Plus, “tax-the-rich” advocates don’t really address greed by others; they’re engaged in ENVY themselves. This envy costs you and me. That’s why…
I have a killer question that exposes ENVY. You’ll want to have this question in your pocket.
OR…
Sometimes our most interesting conversations happen off-air and are not taped. Once in a while, we wish we had recorded.
This episode is an impromptu, post-show recording. I had no idea what Bill was going to ask me. But once I knew Bill’s first question, we went back into studio mode.
As a result, there’s one section I feel like I flopped. We’ll see if you can pick it out. Perhaps you can send a message and give me helpful, constructive pointers for next time.
You can listen while you work or drive on these podcasting platforms: Pandora * iHeart * Spotify
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ZAP The State and have a nice day,
Jim Babka
Host, Gracearchy with Jim Babka
Co-creator, Zero Aggression Project
Gracearchy is hosted by Zero Aggression Project’s co-founder, Jim Babka, but the views expressed in the show are not necessarily those of the board, staff, or supporters of the Zero Aggression Project (Downsize DC Foundation).