PETER SCHIFF

PETER SCHIFF

Sunday, October 24, 2010

Lew Rockwell : Everything You Love You Owe to Capitalism



Lecture presented by Llewellyn H. Rockwell, Jr. at the Mises Circle in Seattle: "Capitalism the Creator." Sponsored by Curt and Allora Doolittle. Recorded 17 May 2008. http://mises.org

The Mises Circle goes to Seattle to address contemporary issues in liberty, and the role of capitalism as the main force for every form of progress in our age. We live amidst its fruits--technology, culture, philanthropy, human well being--and have yet to appreciate the source. Indeed, among the most passionate opponents of the free market are those who have benefitted most enormously from it. Here we have a profound failure of understanding at work.

Llewellyn H. Rockwell, Jr., widely known as Lew Rockwell, is an American libertarian political commentator, activist, proponent of the Austrian School of economics, and chairman of the Ludwig von Mises Institute. Rockwell founded the Mises Institute in Auburn, Alabama in 1985 and was its president until the summer of 2009, when he transitioned to the position of Chairman of the Board. He also is Vice President of the Center for Libertarian Studies in Burlingame, California and publisher of the political weblog LewRockwell.com.

He is the author of Speaking of Liberty, an anthology of editorials which were originally published on his web site along with transcripts from some of his speaking engagements. Rockwell and the Ludwig von Mises Institute together publish the Journal of Libertarian Studies.

He was closely associated with his teacher and colleague Murray Rothbard until Rothbard's death in 1995. Rockwell's political ideology, like Rothbard's in his later years, combines a form of anarcho-capitalism with cultural conservatism and the Austrian School of economics. He also advocates federalist concepts as a means of promoting freedom from central government, and also advocates secession for the same political decentralist reasons. (Source: Wikipedia)

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