Economic Collapse News | 5 May 2016

Capitalism has garnered a bad reputation in recent years, despite bringing more people out of poverty than any other type of system in the history of the world. LearnLiberty has a new video out that outlines three myths of capitalism, explained by Dr. Jeffrey Miron from Harvard University.

The three myths are:

• Pro capitalism is equal to pro business
• Capitalism generates unfair distribution of wealth
• Capitalism caused the 2008 economic collapse

The video is embedded below:

[youtube https://www.youtube.com/watch?v=M6y0EfFJpFg]