Why Capitalism is Moral

In the latest episode of Reason at Large, I answer a question from Jason: "You've written and spoken at length about why capitalism is the only moral social system, and I find your arguments very convincing. But in daily conversations with people, I don't have an hour to make the full case. What's your 5-minute version?"

Although I don’t quite keep my reply to five minutes, I do keep it relatively brief. (You’ve heard the aphorism, “I’d have written a shorter letter if I’d had more time”; it applies to videos too.)
The gist of the discussion is that capitalism is the only moral social system because it’s the only system that legalizes the requirements of human life.

Enjoy the episode and share it with your friends!

If you have a question you’d like me to address in a future episode, email me at cbiddle[at]theobjectivestandard.com. I can’t guarantee that I’ll answer every question, but I read them all, and I aim to answer those that I think will be of general interest to my viewers.

http://www.youtube.com/embed/zv0H3Snlq64

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Related:

• Capitalism and the Moral High Ground
• Ayn Rand’s Theory of Rights: The Moral Foundation of a Free Society

About Craig Biddle

Craig is cofounder and editor of The Objective Standard, cofounder and director of education at Objective Standard Institute, and executive director of Prometheus Foundation. He is the author of Loving Life: The Morality of Self-Interest and the Facts that Support It; Rational Egoism: The Morality for Human Flourishing; and the forthcoming Moral Truths Your Parents, Preachers, and Teachers Don’t Want You to Know. He is currently working on his fourth book, “Thinking in Principles.”

View all articles by Craig Biddle →