Critics often attack capitalism as unfair. Economist David Rose of the University of Missouri-St. Louis rebutted that argument during a presentation today to the John Locke Foundation’s Shaftesbury Society.

In the video clip below, Rose explains why capitalism is more than fair.

3:45 p.m. update: Click play below to watch the full 55:38 event.

You’ll find other John Locke Foundation video presentations here.