

The Case for Capitalism: Steve Forbes Explains Why Free Markets Work and Socialism Doesn’t
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62% of American young adults favor socialism. But that’s just ignorant. Capitalism is the only system that creates better lives for more people! _ _ _ _ _ _ To make sure you receive weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe-form _ _ _ _ _ _ Rep. Alexandria Ocasio-Cortez says, “Capitalism, at its core, is the absolute pursuit of profit… That is not a redeemable system." Yes, capitalism can be ugly, selfish, and sometimes ruthless. But nothing else works. Under capitalism, you can only get rich by creating useful things for everyone else. The economically ignorant don't understand that. They say, “We have a finite amount of money. Jeff Bezos has $100 billion. His wealth is making a lot of people poorer.” So if someone has millions, the rest of us have millions less. But there ISN'T a finite amount of money. Trade CREATES wealth. In my video above we debunk more of the socialists' economically ignorant ideas.
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