I have a real problem with the “Occupy Wall Street” protesters. Do the liberal protesters that attack the greed of capitalism ever take the time to look at what the world would look like without capitalism?
October 18, 2012 by Dan Mitchell
Part of my job at the Cato Institute is to educate people about free markets and fiscal policy.
In some cases, that means providing information and analysis to those already sympathetic to limited government. There are many people who like the idea of lower tax burdens, for instance, but they may not have given much thought to the interaction of tax rates, taxable income, and tax revenue, so that’s why I put together my Laffer Curve tutorial and why I wrote about this amazing data from the Reagan tax cuts.
The harder part of my job is reaching people with statist instincts. I wrote a post last week mocking an absurd example of Swedish egalitarianism, but I included some serious thoughts about why some people oppose liberty. How do I reach those people, especially when there’s some very interesting evidence showing fundamental differences in how liberals, conservatives, and libertarians see the world?
I don’t have a single answer to that question. Sometimes I use the utilitarian approach and show how capitalist nations outperform statist nations, as you can see in this comparison of North Korea and South Korea, and this post comparing Argentina, Chile, and Venezuela.
In other cases, I try a philosophical approach, one example of which is this video arguing against majoritarianism.
And sometimes I use horrifying anecdotes in hopes that people will realize the risks of unconstrained government.
But perhaps the folks at the Fund for American Studies have discovered a good way of educating statists. Take a look at this clever video.
It’s a Wonderful Life! (with capitalism)
Published on Oct 17, 2012 by TFASvideo
Ever wonder what life would be like without capitalism? Join The Fund for American Studies on a journey to an alternate universe — one where capitalism no longer exists. You may find it’s not quite what you expected.
P.S. Here’s another video from TFAS that uses an unusual tactic to get people to think about the value of capitalism and free markets.