The Poor Get Richer

Posted on AllSides June 16th, 2021
From The Right
economic policy, capitalism, economic inequality
OPINION

Everywhere, people trash capitalism.

But what they think they know about capitalism is usually wrong.

My new video debunks some myths about capitalism.

"No one ever makes a billion dollars," complains Rep. Alexandria Ocasio-Cortez. "You take a billion dollars." In other words, capitalists get rich by taking money from others.

That's nonsense, and Myth No. 1.

People believe that myth if they think that when one person wins, someone else must lose. It's natural to believe that if you think there is a finite amount of money in the world. But there isn't.

Free markets increase total wealth....

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John Stossel

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https://townhall.com/columnists/johnstossel/2021/06/16/the-poor-get-richer-n2591041

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