John Nothdurft and Donny Kendal present episode #113 of the In The Tank Podcast. Today’s podcast features work from the Cato Institute, the Illinois Policy Institute, the Washington Policy Center and the Reason Foundation.
The Oxford Dictionary defines capitalism as “an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.” A new poll on the topic from Harvard received some attention yesterday, garnering headlines about millennial’s view of capitalism. The poll is challenging to interpret given that most people likely have a connotative sense of capitalism, but helpfully Harvard dug a little deeper by interviewing a group of people regarding their view of capitalism. As it turns out those who were wary of capitalism were not so much rejecting it but rather were concerned that today it seems unfair and leaves some people out.