Capitalism Is a Blessing
Recent polls suggest that two out of three Americans favor capitalism over socialism as an economic system. But with the wealth gap widening and the number of people who identify themselves as democratic socialists rising, some Americans are questioning whether capitalism is the best way to organize...
| Other Authors: | Infobase,, Intelligence² (U.S.) |
|---|---|
| Format: | Video |
| Language: | English |
| Published: |
[Place of publication not identified] :
Intelligence Squared US,
[2019]
Distributed by Infobase, |
| Physical Description: |
1 online resource (1 video file (1 hr., 21 min., 16 sec)) : sound. |
| Subjects: |
| Summary: |
Recent polls suggest that two out of three Americans favor capitalism over socialism as an economic system. But with the wealth gap widening and the number of people who identify themselves as democratic socialists rising, some Americans are questioning whether capitalism is the best way to organize a nation's economy. Supporters of capitalism argue that no other system has been as effective in creating wealth, increasing prosperity, and producing the jobs and growth that have lifted billions of people out of poverty. The free market, they contend, encourages competition and human ingenuity, values individual choice, and structures society in a fair and just way. Critics, however, argue that capitalism is inherently exploitative and unfair and that business owners seek profits above all else, leading to the distortion of human worth as one defined by an individual's labor power. The capitalist system is inherently rigged to benefit the rich and powerful, they contend, and has created unsustainable waste and decimated the world's wildlife and natural resources. Who is right? Is capitalism a blessing? |
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| Item Description: |
Originally released by Intelligence Squared US, 2019. Streaming video file encoded with permission for digital streaming by Infobase on December 05, 2019. Debate "Housekeeping" (3:05); Opening Statement For: John Mackey (6:49); Opening Statement Against: Bhaskar Sunkara (6:19); Opening Statement For: Katherine Mangu-Ward (6:33); Opening Statement Against: Richard Wolff (6:29); Capitalism Gives People What They Want (10:36); Successful Socialism? (2:54); Socialism, Oppression, and Democracy (7:08); Q/A: Capitalism and Blessings (6:28); Q/A: Freedom of Choice (1:54); Q/A: Pay Gap (3:54); Q/A: Economic Freedom (1:44); Q/A: Can Capitalism Go Too Far? (1:38); Closing Statement For: Mangu-Ward (2:23); Closing Statement Against: Sunkara (2:23); Closing Statement For: Mackey (1:58); Closing Statement Against: Wolff (2:17); Time to Vote (5:32); Audience Voting Results (0:56); Credits: Capitalism Is a Blessing (0:10); Access requires authentication through Films on Demand. Recent polls suggest that two out of three Americans favor capitalism over socialism as an economic system. But with the wealth gap widening and the number of people who identify themselves as democratic socialists rising, some Americans are questioning whether capitalism is the best way to organize a nation's economy. Supporters of capitalism argue that no other system has been as effective in creating wealth, increasing prosperity, and producing the jobs and growth that have lifted billions of people out of poverty. The free market, they contend, encourages competition and human ingenuity, values individual choice, and structures society in a fair and just way. Critics, however, argue that capitalism is inherently exploitative and unfair and that business owners seek profits above all else, leading to the distortion of human worth as one defined by an individual's labor power. The capitalist system is inherently rigged to benefit the rich and powerful, they contend, and has created unsustainable waste and decimated the world's wildlife and natural resources. Who is right? Is capitalism a blessing? 9 - 12. Streaming video file. System requirements: FOD playback platform. Closed-captioned. |
| Physical Description: |
1 online resource (1 video file (1 hr., 21 min., 16 sec)) : sound. |
| Format: |
Streaming video file. System requirements: FOD playback platform. |
| Audience: |
9 - 12. |
| Access: |
Access requires authentication through Films on Demand. |