That's NOT Capitalism

Capitalism Isn't the Problem—Cronyism Is!

In this TyTalk video, I break down what Capitalism actually is: a system of private ownership, voluntary exchange, market competition, and self-interest driving supply and demand — as originally described by Adam Smith, the "Father of Capitalism."

Today's economic problems (sky-high healthcare costs, housing shortages, wealth inequality, monopolies, corporate greed during lockdowns) aren't failures of true Capitalism, but of Cronyism — when government picks winners and losers, grants special privileges to big corporations, and stifles competition through excessive regulation and favoritism.

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