Capitalism is the Way

Capitalism is not just a system that works

The government of China acknowledges that the principles of capitalism are required for a nation to do well economically. Russia has recently started to give up collective farming; no this is not 1990. It is fresh news. Russian agriculture is seriously behind in status and progress compared to Russian energy production and others also.

The growth of the populations of capitalist periods in various nations indicates that health and other things required for people to survive and live longer shows it works.

That is not good enough. With that admission you can still practice genocide, tyranny, legalized plunder, and all manner of bad government. You can still have bankers control things and suck the life blood from the economy. Capitalism works so well, that even with the banks doing that, through the ruling of the Federal Reserve, which has power over the U.S. government, pull out seven eighths of our wealth, and we are still better off than ever.

Capitalism is Right

Capitalism will never be allowed to succeed fully it cannot just be promoted because it works. Too many people have already demonstrated that capitalism will not be fully implemented if all you support it with is that it works. It needs to be recognized as the economic and political system that is right, as the only one that is right.

I am, by the way, talking about unfettered laissez faire capitalism. Many would object that capitalism cannot be allowed unless it is under many regulations and laws. I do not argue for a lawless society at all. However, I do argue that one set of laws for us all is sufficient. Laws against murder, bodily harm, fraud, property damage, breaking contracts, etc., ought to be sufficient to apply to all of us, investors, laborers, managers, owners, politicians, soldiers, policemen, judges and cleaning-persons.

Regulations are an illegal, unconstitutional kind of law. All laws are supposed to be created by legislators and congressmen. Most regulations are not. Breaking rules should always involve accusation, trial by evidence, confronting ones accuser in a court of law, resolution of the problem by set rules, objective processes and punishment, preferably making the victim whole through restitution. Breaking rules devised by regulators, however, involves self-reporting, not having clear knowledge beforehand of where the line of good behavior is drawn, and enriching the government rather than restoring the alleged (often missing) victim.

Consumers rely too much on government regulators, to get alleged wrongs done by corporations redressed. Consumer should instead demand (through consumer union type groups) full disclosure of product quality, and file suits when defrauded.

It is Time for Real Capitalism


Endorse full capitalism. Get the businessmen to stop going to Washington for favors. Demand that they stick to business, get out of politics, get out of "community service" and charity work. Just sell good products and services and make a profit. Remember also that your retirement fund does more for you if industry generates good profits.

For more information, go to Capitalism Magazine and Ayn Rand Institute