Wendy McElroy will be teaching Capitalism and the Advance of Women, an online Mises Academy course, starting January 26.
In “Redeeming the Industrial Revolution,” she writes,
A destructive myth has wrapped itself around laissez-faire capitalism. It is the erroneous notion that the free market harms the "vulnerable" within society; specifically, it is said to harm women and children by cruelly exploiting their labor. The opposite is true. Laissez-faire capitalism offers the one element that the vulnerable need most to survive and to advance: choice. The most liberating choice individuals can have is the ability to support themselves and not be dependent upon anyone else for the food going into their mouths.
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