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Ep. 104 - Financial Capitalism Why It Works 101
Season 1 · Episode 104

Ep. 104 - Financial Capitalism Why It Works 101

Constitutional Chats Presented By Constituting America · Constituting America

February 10, 202256m 27s

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Show Notes

What is capitalism? Simply put, capitalism is a system of free-enterprise where the economy is directed by markets and not top-down by a central government. What does that mean? It means you and millions of other Americans direct our economy and not a handful of bureaucrats in the government. It means you get to decide how and when to lend or borrow and increase competition for the best financial outcome among savers and borrowers. Join our panel and Dr. Lawrence H. White, senior fellow at the Cato Institute and professor of economics at George Mason University for our discussion on capitalism!