Libertarianism.org

Why Not Capitalism?

Free Thoughts Podcast – 46 min 12 sec – Jun 23, 2014 – Episode 35 of 305

Is there anything to the argument that “socialism would work if we were just better people” and had perfect information?

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This week Jason Brennan joins Aaron and Trevor to discuss his newest book, Why Not Capitalism?, which is a response to G. A. Cohen’s 2009 book Why Not Socialism? Brennan says that Cohen commits the fallacy of comparing idealized socialism with perfect actors to real markets with imperfect actors, and offers an illustrative example as proof that when comparing idealized capitalism to idealized socialism and real capitalism to real socialism, it is capitalism—not socialism—that claims the moral high ground.

Is there anything to the argument that “socialism would work if we were just better people” and had perfect information?

Jason Brennan

Jason Brennan is the Robert J. and Elizabeth Flanagan Associate Professor of Strategy, Economics, Ethics, and Public Policy at Georgetown University. He is the author of Against Democracy (2016), Markets without Limits (2015), Compulsory Voting: For and Against (2014), Why Not Capitalism? (2014), Libertarianism: What Everyone Needs to Know (2012), The Ethics of Voting (2011), and A Brief History of Liberty (2010). Brennan also blogs at Bleeding Heart Libertarians.

Aaron Ross Powell

Aaron Ross Powell is Director and Editor of Libertarianism.org, a project of the Cato Institute. Libertarianism.org presents introductory material as well as new scholarship related to libertarian philosophy, theory, and history. He is also co-host of Libertarianism.org’s popular podcast, Free Thoughts. His writing has appeared in Liberty and The Cato Journal. He earned a JD from the University of Denver.

Trevor Burrus

Trevor Burrus is a research fellow at the Cato Institute’s Center for Constitutional Studies. His research interests include constitutional law, civil and criminal law, legal and political philosophy, and legal history. His work has appeared in the Vermont Law Review, the Syracuse Law Review, and the Jurist, as well as the Washington Times, Huffington Post, and the Daily Caller. He holds a BA in Philosophy from the University of Colorado at Boulder and a JD from the University of Denver Sturm College of Law.