Capitalism vs. Socialism In A Nutshell
Decades after capitalism seemed to have triumphed over socialism, politicians are once again arguing about the merits and drawbacks of these opposing economic systems.
Why are we still having this debate? Andy Puzder, former CEO of the parent company of Hardee’s and Carl’s Jr., explains the misconceptions that keep the debate alive.
Good thing he started with a simplistic caricature. Otherwise, he might have had to explain the difference between capitalism and socialism.