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free trade & free markets video

Video: Crony Capitalism

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Not all capitalisms are created equal:

I prefer the term “free market” to the word “capitalism” because it emphasizes a system that is “free” rather than one feature of it, capital. Capital is a critical aspect of every economic system. But freedom is something we can add to our current mess to bring not only more wealth, but a more feasible order. And sense of justice.

Kudos to Annette Meeks at the Freedom Foundation of Minnesota for highlighting crony capitalism.

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