Stossel - Season 4 Episode 49 Defending the Market
From John Stossel's blog:
MARKETS UNDER ATTACK:
"The problem with Obamacare isn't too much socialism, it's still too much capitalism," says Bill Maher on HBO. On MSNBC, Lawrence O'Donnell said, "We need to take the political sting out of the word socialist."
No. We need to remind Americans that socialism and all forms of big government lead to stagnation and poverty. I'll debate Congressman Charles Rangel, who tells me not to make laws sound "negative."
FREE MARKETS HELP POOR PEOPLE: Economists Abby McCloskey and Victor Claar point out 500 million people have lifted themselves out of poverty in the last five years, thanks to the worldwide movement toward freer markets.
RAISIN REGULATION: Unfortunately, in America, markets become less free. One example: something called the Raisin Administrative Committee demands raisin farmers give the government almost half their crop. Marvin Horne, owner of Raisin Valley Farms, said no. The government says he owes 1.2 million pounds of raisins.
MARKETS NOT CAPITALISM: Gary Chartier, co-editor of Markets Not Capitalism, says there's actually a lot to hate about "capitalism" when the word suggests capitalists using political connections to get special privileges.
KIDS AND CAPITALISM: 13-year-old Lauren Hudson and her father Rob Hudson co-wrote a book meant to teach students capitalism. They say capitalism is not taught in schools.
ECONOMIC FREEDOM: Johan Norberg, of the CATO Institute, made a documentary on economic freedom. He went around the world to see how it improves poor people's lives.
MY TAKE: Sadly, in some ways, America has become rule-bound, like India. I tried to open a business in Calcutta, but quickly gave up. The government there is so hostile to markets that they have a thousand rules. That's why India stays poor. Places with fewer rules, like Hong Kong, prosper.
Year: 2013
Genre: Documentary, News, Talk
Country: United States of America
Studio:
Director:
Cast:
Crew:
First Air Date: Dec 10, 2009
Last Air date: Dec 26, 2013
Season: 4 Season
Episode: 187 Episode
Runtime: 60 minutes
IMDb: 3.00/10 by 2.00 users
Popularity: 0.2387
Language: English
Keyword :
Episode
Freedom 2.0
The Business of Bad News
Texas vs. California
Obama, Part II
Big Sports... Big Business
DUPE.
A Real State of the Union
Liberty 101
The Debt Bomb
The Education BLOB
ANOTHER DUPE PLEASE DELETE
Mr. Stossel Goes to College
Green Tyranny
The Chosen Ones
Death by Taxes
The Education BLOB Strikes Back
Free Market Medicine
Rumble in the States
Whatever happened to GRIT?
War Against the Little Guy
Gas Myths
The Fight Over 'Austerity'
War on...
The American Dream
Puritanical Government
Big Brother
DUPE.
Trouble with Lawyers
Are We Rome?
What's up with Detroit?
Summer Myths
Battle of the Sexes
The Police State
Myths, Lies, and Complete Stupidity
PLEASE DELETE
The World's Police?
Innovation Nation
Escaping the Education BLOB
Just Shut It!
Selling Victimhood
17,000,000,000,000 Problems
Fed Up?
ObamaScare
Privatize Everything!
The Rise of Libertarians?
Real Charity
The Tragedy of the Commons
I Play One On TV
Defending the Market
The Good, The Bad, The Ugly
PLEASE DELETE (DUPE)
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