Mike Williams’ Capital Idea

Mike Williams’ Capital Idea

Mike Williams’ CAPITAL IDEA podcast series explores the economic, historical, empirical, and moral case for laissez faire capitalism. CAPITAL IDEA is an intelligent, sometimes capricious, often irreverent discussion for honest people of all political persuasions who want to better understand the only moral economic system. Let’s face it, our day-to-day activity IS economics—they call it microeconomics but where’s the connection to the broader issues? CAPITAL IDEA is here to help you chew on these ideas including how YOUR economy relates to the bigger picture. Flying solo, Mike Williams integrates his experience both as a capitalist and as a teacher/facilitator of the Defenders of Capitalism Project™. Mike’s frequent guests add insight and perspective as they probe diverse topics—with a common thread: ideas that will broaden your understanding of why defending, sustaining, and advancing capitalism are crucial to the survivability of freedom and human flourishing in America and the world.

Episodes

April 3, 2024 37 mins

Bernie Sanders recently proposed a new bill, the "32-Hour Workweek Act". In this proposal, the act would include a reduction to a 32-hour workweek without a decrease in pay or benefits. Although this sounds appealing, Mike and Mitch discuss the possible implications and potential repercussions with a mandated 32-hour workweek. Instead, defenders of capitalism should advocate for freedom in the workplace when it comes to how people ...

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Who Is Poisoning the Blood? Trump's rhetoric. You heard that right -- it's time to call out Trump's rhetoric on immigration in December 2023 (and prior). Capitalism and immigration go hand in hand, and Trump's inability to acknowledge the connection is poisoning politics more than ever before and furthermore letting down the people who follow him. Mitch and Mike shed light on the disturbing quotes from Trump and how they are exactl...

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December 15, 2023 30 mins

Capitalism is the system of the entrepreneur, and it is that growth mindset that fuels innovation, freedom, and true progress. In this episode, Mike covers the book 10x Is Easier Than 2x by Dan Sullivan (Founder of Strategic Coach) with organizational psychologist Dr. Benjamin Hardy. The book showcases the entrepreneurial mindset and why the idea of setting higher goals and standards is easier than setting smaller ones. Whether or ...

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Roger Pattison is the Chief Development Officer of ACE Scholarships and the 2023 Defenders of Capitalism Runner Up. ACE Scholarships provides children of lower-income families with scholarships to private schools in grades K-12, and to advocate for expanded school choice. Mike interviewed Roger on school choice, the impact of the covid lockdowns on student performance, and the flip flops of the people on the left and right regardin...

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November 20, 2023 38 mins

In this episode, Mitch and Mitch cover essential books that are the building blocks for a foundation of capitalism and formative to the liberty movement. Books mentioned:

Adam Smith - Wealth of Nations Fredrick Bastiat - The Law Fredrick Bastiat - Economic Sophisms Murray Rothbart - Man, Economy, and State with Power and Market Milton Friedman - Capitalism & Freedom Milton Friedman - Free To Choose Hernando de Soto - The Myster...

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Most people like the benefits of creativity and innovation, but they don't see the reason to protect creators' and inventors' rights, which causes an intellectual property (IP) warzone. In this episode, Mike and Mitch review the arguments surrounding intellectual property and defend why intellectual property is a moral and economic right, deriving from protecting one's mind's creations.

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October 20, 2023 35 mins

After the devastating news of the Hamas terrorist attack on Israel, the world has its eyes on the middle east. From a capitalist' perspective, Israel has the right to defend itself and further than that, crush the Hamas terrorist organization. In this episode, Mike and Mitch dive deeper into that reasoning and the implications the Israel-Hamas war could have for the current geopolitical landscape.

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October 13, 2023 51 mins

Mike interviews Jason Letman on Colorado Proposition HH and its implications on Colorado's Taxpayer Bill of Rights (TABOR). Jason Letman is the President of Consultus Asset Valuation, and an expert in property tax consulting and real estate valuations. Proposition HH is on the ballot for the November 7, 2023 Colorado election.

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October 6, 2023 34 mins

Josh Hawley, the Republican Senator from Missouri, recently introduced the Capping Credit Card Interest Rates Act which would cap interest rates at 18%. People like this idea of capping credit card rates, but what would this act really mean for the economy, and how did we get here - where most Americans are in credit card debt?

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September 29, 2023 27 mins
Mike shows how capitalism is for grown-ups AND for playful kids of all ages, but no one in between. This means individuals, to truly achieve happiness, must learn to produce, to value trade, working hard, and making choices for their own life. It’s also about creativity and simple joys. The true meaning of capitalism and the human experience of thriving is rejecting the unearned and celebrating your growth and the collaboration wi...
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September 15, 2023 39 mins

It's been two months since the SAG-AFTRA strike started, and it doesn't look like there's an end in sight. In this episode, Mike and Mitch discuss why this strike is important for freedom of assembly and individual rights, but also an example of the difference between economic and governmental force.

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September 1, 2023 34 mins

Have Environmental, Social, & Governance (ESG) issues gone too far? Mitch and Mike dive into the slippery slope of ESGs and their influence on stakeholders, marketing, and property rights.

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Mike interviews the 2023 LPR Defenders of Capitalism Winner, Mary Callan. They dive into Mary's experience in LPR/DoC, her PhD in Bio-Agricultural sciences, and being a capitalist as a former catholic nun.

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Mike interviews Chris Wright - the CEO and Chairman of Liberty Energy and fellow outdoor enthusiast. Chris has been integral in the oil industry for years but is more recently known for his viral video "Thank You, North Face." Mike and Chris dive into the story behind the hypocrisy of North Face and the outdoor industry, when it comes to the oil and gas industry. How did we get here? Is it just virtue signaling or climate mania, or...

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June 21, 2023 24 mins

What are the CO State legislators thinking? Senate Bill 184 is trying to create "fair housing rules for renters," but it will likely do anything but that. Mike and Mitch review what this senate bill means to landlords, renters, and the Colorado housing market.

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In this episode, Mike and Mitch discuss the new artificial intelligence, Chat GPT. They cover what Chat GPT does and theorize on what it might look like in the future and if it will play a role in the job market and individual rights?

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May 24, 2023 22 mins

The mask is off when it comes to the Marxists in Colorado classrooms, and it isn't pretty.... but Mike thinks it's good news. Recently, the Colorado Education Association (CEA), the largest teachers' union in Colorado, adopted an explicitly anti-capitalism resolution, revealing their utter lack of understanding of capitalism and its principles.  

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May 8, 2023 63 mins

Should we trust our elections? Mike and Mitch discuss the importance of election integrity, debate voting rules, and evaluate the Dominion Voting Systems/Fox News lawsuit.

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Mike and Mitch discuss the tax code in all it’s complexity and compliance costs, aimed especially at young people having a better understanding of the American tax system and the social engineering that goes with it. Covering ground such as perverse incentives, moral hazards, progressive vs regressive tax structures, the numbness caused by employer tax withholding, etc.

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With the Trump Indictment being the biggest thing in the news circus, Mike and Mitch contemplate whether Trump's indictment is an issue on the rule of law or really a perversion of justice.

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