Bridger PenningtonFund Launch & Investment Expert

Capitalism Is Beautiful | Bridger Pennington

9 Jan 2024 · 0 min

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Bridger Pennington argues capitalism has lifted millions out of poverty and created jobs, while communist regimes like Mao's China and Soviet Russia caused mass starvation. He contends capitalism raises living standards and GDP growth in ways socialism cannot match.

I will promote capitalism to my dying breath. I mean, and look at communism. Just look at the track record. Look at Mao. Look at Russia. Hundreds of millions of people have literally starved because of communism. And then socialism is right there with it in Europe. Capitalism, in my opinion, has created less poverty, less hunger around the world, created more jobs, more GDP growth, more overall standard of living has risen drastically for countries that have adopted capitalism. It's a beautiful system.