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The End of Capitalism and the Triumph of the Market Economy Explorersfoundation  Form

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Hello. I’m Craig and this is Crash Course Government and Politics and today we’re going to turn to a topic that is near and dear to our wallets at Crash Course: economics. Now, I know that dedicated fans are saying: “Hold on Craigers, you have a whole series about economics. Tell me about government.” To those fans, I say: “you’re right…and don’t call me Craigers.” But this episode is going to be about the role that government plays in the economy, specifically, the way that government creates the market economic system that we know and love. [Theme Music] Before I get into the ways that government creates a market economy, let me be right up front and say that we’re going to posit that without some government, it wouldn’t be possible for a market economy to exist. [gasp] Whaaaaa? I realize that this is a bit controversial, with many people believing that markets are natural phenomena that follow laws like “supply and demand” that are analogous to real physica

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