Comments by "Jim Werther" (@jimwerther) on "Yaron Brook: In Defense of Capitalism" video.
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@coolioso808
You are bringing a leftist predisposition into this conversation, an approach antithetical to the rules of economics grounded in historical-based evidence.
Prior to the introduction of the free market and the resultant industrial revolution, poverty was common and widespread, living conditions lousy, and life expectancy short. Children sometimes died in childbirth, and occasionally their mothers did as well. Child mortality was very high. War and slavery was the normal order of the day. Millions died of starvation and basic disease.
Along came Adam Smith, the American experiment, and the Industrial Revolution, and the result is a world entirely unrecognizable to nearly all prior generations. Wealth is not shared but created. Nations that have adopted the free market approach experience unfathomable wealth, with even the very poorest living lives of comfort - even decadence - as compared to their forebears of merely a century earlier, not to mention a millenium.
There. That is your basic economic history lesson.
Thomas Sowell is everpresent throughout the internet, and certainly all over YouTube. Many channels can be found devoted to his teachings, none of which Dr. Sowell is attached to, or presumably even knows about. His camp appears to be uninterested in intellectual property concerns, the result of which is that not only can many Sowell speeches and interviews be found on YT, even a number of his audiobooks can be found here. Go listen to "The Thomas Sowell Reader", or "Basic Economics", or any other of his books, all of which are both educational and entertaining.
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