February 10, 2026

Matthew Lau: How Capitalism Protects Workers, Consumers and the Environment

It has become widely accepted that capitalism has failed – that free markets exploit workers, hammer consumers and can’t be trusted as the bedrock of a liberal democracy. It’s why an unrepentant “democratic” socialist, Zohran Mamdani, can be elected mayor of New York and why Mark Carney can produce a budget with massive spending and increased government meddling yet still be hailed as a prudent manager. Matthew Lau isn’t having it. In this incisive critique, Lau demolishes four myths driving the modern attack on capitalism and explains how it is only free markets that make people richer, happier and more equal.

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