Thursday, July 15, 2010

Speaking Up for Capitalism

Here, Gregg Sherrill offers his praise of capitalism, noting that,

"the Economist reports in a feature titled "The 70-30 Nation," the Pew Research Center asked respondents whether they were better off in a free market rather than a socialist economy "even though there may be severe ups and downs from time to time." Seventy percent said yes."
Mr. Sherrill then asks, "so why the 30% in charge of the 70%?  Good question, folks.

If 70% of Americans believe they are better off with capitalism, then why are we headed so far down the road to socialism?  Did people not understand that BHO is a socialist, elitist, paternalistic narcissist?

Events with General Stanley McCrystal demonstrate all too clearly that BHO has thin, self-adulatory skin.  BHO didn't fire McCrystal because he was doing a bad job; BHO fired him because BHO is a narcissist who can't tolerate criticism.

But I digress.  The real point of my message today is to applaud Mr. Sherrill for stating the obvious.  And of course, I will be quick to add that capitalism is the only moral social system available to humans, since it relies on voluntary exchange instead of compulsion to order society. 

By the way, the "severe ups and downs" referred to in the Pew Research Center poll are caused by government, not capitalism.  I have invited you to read about it here on several occasions.

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