Renowned economist Walter Williams is out with a new video asking the question: are capitalism and free markets moral? The capitalist economic system, which has lifted more people out of poverty than any other system in recorded history, is often the subject of ridicule from politicians, college campuses and unions. But how can a system that has helped so many be vilified? Williams answers the question as to whether or not capitalism is a moral or greedy system.
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Capitalism works because half the population only has one percent of the wealth. It is modern slavery. Plantations were quite productive in their day.