Video: Who Exploits You More-Capitalists or Cronies?

Published on July 19, 2012 by admin · 1 Comment

One common claim is that capitalism exploits the masses for the benefit of the few. Many people who think capitalism exploits workers advocate increasing government power over the economy. In this 2-minute video, professor Matt Zwolinski suggests, however, that government power may be more exploitative than free-market capitalism. After all, in the marketplace, individuals have power over how they spend their money. The government, however, possesses the power to coerce citizens to pay for policies or programs they may not support, like bank bailouts. Zwolinski argues that bigger government makes citizens more vulnerable to exploitation.