Watch: Capitalism and its Critics – Free Thoughts Podcast with Michael Munger

Free Thoughts is an excellent podcast offered by the other great website dedicated to explaining libertarianism, Libertarianism.org. Michael Munger is an economist from Duke and a great messenger for liberty.

Michael Munger, explains the benefits, and in fact the necessity, of capitalism in organizing human cooperation at scale, and urges the consideration of some problems inherent in capitalism. Munger claims every flaw in markets is worse under socialism. Unless you are willing to advocate monarchism, or actual communist dictatorship, markets and democracy are the only two mechanisms we have for organizing society.

Chris Spangle is the publisher and editor of We Are Libertarians, a news site and podcast that covers national and Indiana politics from the libertarian perspective. Spangle previously worked in marketing for the Englehart Group on behalf of the Advocates for Self-Government. He also served as the Executive Director of the Libertarian Party of Indiana and producer of the Abdul in the Morning Show. He now works as the web director of a nationally syndicated morning show.

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