Adam Smith Institute

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Madsen on BBC Daily Politics discussing Capitalism and Marxism

Summary

Dr Madsen Pirie, the ASI's President,  appears on Daily Politics to defend capitalism and argue that it has lifted more people out of poverty than any other force in human history. He argues that Karl Marx got it wrong and that when a country experiences economic growth, through capitalism, then everyone benefits, from the richest to the poorest. 

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