“We don’t have capitalism” - Mike Ross on Liberty Against State Banking Cronyism

Candidate for Governor of North Carolina Mike Ross dispels myths about libertarians on Philosophisnt. The grievances often addressed towards capitalism, according to Mike Ross, are legitimate but entirely misplaced. There is a case to be made that the economic system we have is not capitalism at all. The inequality, monopolization, cyclical crisis and inflation which others blame on the free market, Ross diagnoses as symptoms of regulatory capture. If Ross is right that the economic organization we have today doesn’t reflect liberalism, then this begs the question of how far we should go to find a solution. The 2008 financial crisis, libertarian education reform, private law and even Hans Herman Hoppe, we discuss in the latest episode of Philosophisnt, don’t miss it!