Who Exploits You More: Capitalists or Cronies?

Lynne Kiesling

[youtube=http://www.youtube.com/watch?v=kJeuoMh46JY&feature=player_embedded]

Matt Zwolinski’s new Learn Liberty video addresses that question, and he does a masterful job of it. He starts with the “compared to what?” question — what’s the likely alternative to voluntary exchange in free markets? It’s regulated and politicized exchange, which is frequently not voluntary. Ask yourself: which of these is more likely to result in exploitation — the one that’s more voluntary (markets) or the one that’s less voluntary (politicized “markets”)?

Well done. Very well done. Worth watching and sharing with your friends, and discussing.