Hour 1: Rescuing Capitalism from CRAPitalism - a podcast by Jay Taylor

James Turk returns & Luigi Zingales, Univ. of Chicago Prof. of Entrepreneurship and Finance, visits for the 1st time to talk about his book, “A Capitalism for the PEOPLE.” Prof. Zingales offers ways to return to a capitalism that rewards merit and discourages Crony Capitalism, which Gene Epstein calls “Crapitalism.” Prof. Zingales puts his finger on many symptoms of our increasingly perverse capitalist model, but can a fix be done through a new set of regulations? Or do we need to return to an honest monetary system that enables automatic market mechanisms to allow those who produce wealth to keep it rather than having it stolen by the parasitic elements of our society like bankers and government? Weighing in on that subject will be James Turk, proprietor of GoldMoney, who views the world through an Austrian free market model that relies on free market rather than rules and regulation to optimize life, liberty and the pursuit of happiness. Also, your host will offer some top picks.

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