10 thoughts on “The Moral Case For Capitalism”

  1. I’ve said this before but as insiders, it is hard to step outside of things we experience but don’t notice and notice what we experience, just because of the way humans are wired. Wiring also leads to concepts like Marxism always finding fertile ground.

    Another human factor at play is that we pass on knowledge from one generation to the next. (Duh) So, anything we think is important needs to be inculcated into following generations and because Marxist types of though arise naturally, there needs to be an ongoing effort to explain the benefits of capitalism to help people understand what they experience but don’t notice.

    1. Indeed. A big thing here is that a lot of such people aren’t asking is “How did we get here?” Modern societies don’t materialize out of thin air.

      I think it’s no coincidence that Marxism, Fascism, and similar ideologies attack knowledge of the past, pulling all sorts of classic 1984 moves like reinterpreting the past or claiming it didn’t happen at all in some extreme cases.

  2. Part if the problem is that “capitalism” is Marx’s description of a free market system. It’s as if homeopaths got to choose what to call the modern system of medicine. They might call it the “butcher” system by cariacture of surgery, or the “morpheous” system as if medicine were all based on morphine. By allowing or surrendering the label we turn around and require our side to defend butchery or dope. We fight the contest on the enemies’ terms. Literally.

    1. OK, here is the problem. Capitalism rolls off the tongue. A competing term needs to be easier to say.

      Is that box a box? No, it is a rectangular cardboard construction with flappy folding lid bits.

      The flip side is that the term has been coopted by people who it was meant to insult and they changed its meaning.

    2. “Part if the problem is that “capitalism” is Marx’s description of a free market system.”

      I agree with yout. However present day Marxists also disparage the free market system as patriarch-ily oppressive to the poor.

    3. Homeopaths refer to conventional medicine as “allopathic.” The problem with “capitalism” is not just that it was invented as a pejorative, but that it’s not descriptive. The free market creates capital, not the other way around, but it’s also true that capital con exist in the absense of a free market. Marxist states have money economies for a reason.

  3. The thesis is fairly iffy to anyone who knows much history, though Pouncer is right about the problematic nature of the word “Capitalism.” New wealth is created when there are new resources to go into it, and that doesn’t require a free market. There’s nothing magic about 250 years ago; that’s just when certain types of new resources emerged to be exploited.

  4. I try not use the C word. Try “free trade” instead. Works is well with the battle against modern censorship and the rebirth of Free speech as a value.

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