Yaron Lectures: Free Market Revolution Book Tour - Shanghai
Yaron Brook Show
00:00
The Myth of Capitalism
In China, people are willing to pay more tax because of the beauty. But if governments do not evoke this, there is what really happening in the world: a huge gap between rich and poor. Capitalism allows the poor to rise up and become the equivalent of middle class. If you get rid of your state-owned enterprises, or you privatize them, and you give people property rights over their lands? The economy will grow much faster than they are right now. And China will become much richer. That's what economic freedom teaches you.
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