What is capitalism?

Today’s social system in the United States and in other Western countries is often called “capitalism.” But this is a mistake, according to novelist-philosopher Ayn Rand. In this video, I present Rand's view of what capitalism actually is. 0:00 Introduction 1:33 Capitalism's basic principle 3:06 The proper role of government: police, military, courts 4:34 Some implications of no taxes and no regulations 7:31 Government funding without taxes 10:39 America Watch this video in five separate parts at the links below: Part 1: https://www.youtube.com/watch?v=9tl0noYXcvU Part 2: ​​https://www.youtube.com/watch?v=Zyyx6zEXD00 Part 3: https://www.youtube.com/watch?v=GzMbGGomNNc Part 4: https://www.youtube.com/watch?v=F3V7H7apvKM Part 5: https://www.youtube.com/watch?v=MHTPusgIjgQ #capitalism #aynrand #freedom #liberty #force #coercion #freemarkets #America #unitedstates #politics #philosophy #atlasshrugged #fountainhead #voluntary #retaliation #government #police #military #courts #slavery #taxes #taxation #regulation #socialsecurity #medicare #medicaid #retirement #healthcare #charity #welfare #corporations #bailouts #subsidies #tariffs #unions #employers #immigrants #fraud #reputation #funding #donations #lotteries #contracts #freeriders #19thcentury #prosperity