Politics

"Markets Not Capitalism," Says Professor Gary Chartier

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"The kind of economic arrangements that we see in our world today, which are dominated by cronies of those with state power, that's not the kind of economic arrangement that anyone who believes in freedom ought to favor," says Gary Chartier, Associate Dean at La Sierra School of Business and co-editor of the new book "Markets Not Capitalism: Individualist Anarchism Against Bosses, Inequality, Corporate Power, and Structural Poverty."

Chartier, who co-edited the book along with Charles W. Johnson, sat down with Reason.tv's Zach Weissmueller to discuss wy libertarians should stop embracing the word "capitalism," why there's reason to take the concerns of the political Left seriously, and why the economic system in the United States does not even begin to resemble a free market.

"If we want freedom, it's something to be achieved," says Chartier. "It's not a matter of celebrating what we have now. It's a matter of making something dramatically different and exciting happen."

Approximately 8 minutes.

Shot by Paul Detrick and Alex Manning; edited by Zach Weissmueller.

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