5 Things You Need to Know about Iceland’s Fractional Reserve Banking Scheme

This is the 1984 public debate between the Objectivists (Leonard Peikoff and John Ridpath) representing the capitalist view, against the Democratic Socialists (Gerald Caplan and Jill Vickers) representing the socialist view. The debate is over morality. Which system, capitalism or socialism, is more moral? Part One is the introductions, skip down to Part Two below…