John Stossel
Yaron Brook: In Defense of Capitalism
From StosselTV
Progressives attack capitalism because it lets some become very rich while others stay poor. Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez call such a system “immoral.” But Yaron Brook, chairman of the Ayn Rand Institute says the opposite is true. He points out that the poor were much poorer before capitalism: “We have basically made about $2 a day for 100,000 years. In other words … we could eat what we farmed and that was it,” Brook tells me. “And then something amazing happened about 250 years ago.”
Around that time, a few countries tried capitalism. For the first time, people were allowed to profit from private property. That changed everything. Brook explains: “250 years ago we suddenly discovered the value of individual freedom. We suddenly discovered the value of leaving individuals free to think, to innovate, to produce without asking for permission, without getting the state to sign off on it and we call that the industrial revolution. We got much, much, much richer and it’s hard to imagine how much richer we got … electricity, running water, the things we all take for granted today, but we didn’t have 150 years ago … and yes, some people complain about inequality, but everybody got richer. Even the poor got richer.”
———————– To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe ________________
After 40+ years of reporting, I now understand the importance of limited government and personal freedom.
——————————————
Libertarian journalist John Stossel created Stossel TV to explain liberty and free markets to young people. Prior to Stossel TV he hosted a show on Fox Business and co-anchored ABC’s primetime newsmagazine show, 20/20. Stossel’s economic programs have been adapted into teaching kits by a non-profit organization, “Stossel in the Classroom.” High school teachers in American public schools now use the videos to help educate their students on economics and economic freedom. They are seen by more than 12 million students every year.
Stossel has received 19 Emmy Awards and has been honored five times for excellence in consumer reporting by the National Press Club. Other honors include the George Polk Award for Outstanding Local Reporting and the George Foster Peabody Award.
From StosselTV
Pollution, homophobia, racism, hate; activists claim everything is getting worse. The opposite is true. But if they admit that how would they raise money?
“For activists, success is a threat,” journalist John Tierney explains. “It is going to put you out of business unless you find a new cause.”
Tierney has covered activists for years and watched them move from one cause to another. “But it’s not a business,” I push back. “They’re not making money doing this.” “Oh, yes, they are,” replies Tierney. Lots!
Our new video looks at how these activist groups raise billions of dollars, the consequences of their activism, and why we fall for their scares.
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To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe
————
After 40+ years of reporting, I now understand the importance of limited government and personal freedom.
——————————————
Libertarian journalist John Stossel created Stossel TV to explain liberty and free markets to young people. Prior to Stossel TV he hosted a show on Fox Business and co-anchored ABC’s primetime newsmagazine show, 20/20.
Stossel’s economic programs have been adapted into teaching kits by a non-profit organization, “Stossel in the Classroom.” High school teachers in American public schools now use the videos to help educate their students on economics and economic freedom. They are seen by more than 12 million students every year.
Stossel has received 19 Emmy Awards and has been honored five times for excellence in consumer reporting by the National Press Club.
Other honors include the George Polk Award for Outstanding Local Reporting and the George Foster Peabody Award.
From StosselTV
A mother was ARRESTED for letting her 8-year-old son walk half a mile home. Prosecutors said she put her kid “in imminent danger of death.” Really?
The police argued it is too dangerous for a kid to walk alone in his own neighborhood. The data show otherwise. Being in a car is 200 times more dangerous than the risk of getting kidnapped. There are only about FIVE stranger abductions per year, according to: https://www.missingkids.org/content/d… In contrast, traffic deaths averaged 2,386: https://wisqars.cdc.gov/reports/?o=MO…
Lenore Skenazy, author of “Free Range Kids,” points out that irrational fear makes parents and authorities overreact, and keep kids from going out and learning about the world. For the full story, you can watch our video here.
————
To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe
————
After 40+ years of reporting, I now understand the importance of limited government and personal freedom.
——————————————
Libertarian journalist John Stossel created Stossel TV to explain liberty and free markets to young people.
Prior to Stossel TV he hosted a show on Fox Business and co-anchored ABC’s primetime newsmagazine show, 20/20.
Stossel’s economic programs have been adapted into teaching kits by a non-profit organization, “Stossel in the Classroom.” High school teachers in American public schools now use the videos to help educate their students on economics and economic freedom. They are seen by more than 12 million students every year.
Stossel has received 19 Emmy Awards and has been honored five times for excellence in consumer reporting by the National Press Club. Other honors include the George Polk Award for Outstanding Local Reporting and the George Foster Peabody Award.
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