What's Wrong With Capitalism: The Cost of Lies Part 2

In this second response on ContraPoints argument on what's wrong with capitalism, I point out the cost of lies about capitalism when supporting socialism with the disastrous consequences. Some of which I have explained on money, the fractional reserve banking, absence of private ownership among other things.

ContraPoints fails to comprehend what capitalism is and in this video ContraPoints concedes partially that capitalism relates to individualism. I have made abundantly clear the difference between collectivism and individualism and with this it further proves the point of why you cannot relate today's economy to that of a capitalist system.

The cost of lies by ignoring real world solutions to problems never solves problems because in the end, those who complain about such problems end up enhancing those problems tenfold. If people could open their mind and realise the difference between that of a capitalist system and the immorality of the current day corporatist system today, then we would be making a giant step towards tackling the problems we face today.