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The Thomistic Institute

Can Catholics Defend Free Enterprise? | Prof. Jay Richards

Jun 5, 2024
Prof. Jay Richards discusses overcoming injuries to defend free enterprise to Catholics, journey from socialism to capitalism, negative image of capitalism in pop culture, defending capitalism vs free enterprise, Marxist critique of capitalism, and wealth creation through free enterprise.
54:16

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Quick takeaways

  • Free enterprise offers viable alternatives, debunking socialist appeals.
  • Catholic social teaching applies timeless values to modern economic contexts.

Deep dives

The Capitalist Defense of Free Enterprise

The podcast speaker discusses his work defending the free enterprise system, highlighting its benefits as a live alternative. He recounts his journey from a socialist-leaning college student to a capitalist advocate, influenced by his experiences and economic understanding. The speaker emphasizes the misconception surrounding socialism, where polls indicate a growing appeal towards socialism among young generations.

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