Number 1

Apr 26, 2006 23:52

And here it begins...

A brief observation: I can only conclude that the reason that a person can make such observations about capitalism (or, what they wrongly identify as capitalism) as they so often do can only be an utter lack of any knowledge of what they are talking about (that is, economics).

If over 10,000 years of human civilization can reveal one thing, it is this: the only way to improve the overall standard of living of human beings is to increase the amount of wealth per head of population. Moreover, the only social system that has achieved this with absolute supremacy is unfettered laissez-faire capitalism. Not monarchies, not the Church, not the Roman Empire (nor any other empires), nor any Socialist regime of any sort, but only the system of absolute individual freedom and responsibility that is capitalism.

More later, if time will permit.
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