Though Capitalism has elevated the standard of living of most humans on earth, it is misunderstood and under attack. It is perverted by the unholy alliance of big business and big government (think “crony capitalism”), thwarted by statists whose hubris allows them to believe that they know what’s best for each and every citizen, and vilified by those whose survival requires appropriation of someone else’s person and property. In this episode, Bob is joined by author and lecturer Dr. Tom G. Palmer of the Atlas Network and the Cato Institute to discuss the morality and necessity of capitalism. Capitalism cannot be adequately defended if it is not understood, and understand it you shall after hearing this podcast.

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