Refutations to Common Objections to Capitalism

It’s not secret that I’m a big fan of capitalism. My reasoning is simple, the only alternative to capitalism is violence. That fact seems to be lost on collectivists who blame capitalism for every problem under the sun even though they don’t actually know what capitalism is (most of them believe it’s the economic system in the United States, which is actually cronyism and closer matches mercantilism than capitalism). Thankfully there are people out there who actually understand economics and one of them gave an excellent speech that refutes common objections to capitalism:

Yes, I’m a nerd who watches presentations like this for fun.