Saturday, June 30, 2007

The Capitalist Soul

With the media press and growing attention of Michael Moore's Sicko, I can't help but remind myself of enduring truths about various ways used to govern an economy. This is particularly reinforced with the testimony of Che Guevara's daughter (who appears in the movie) concerning the evils of capitalism and the virtues of centralization.

Under communism, penning a well-written book critical of communism means death.

Under fascism, penning a well-written book critical of fascism means execution.

Under absolute monarchies, penning a well-written book critical of the king means extermination. Tn any of these, the best one can hope for is censorship or a confiscation of materials.

But under capitalism, penning a well-written book critical of private ownership means becoming a millionaire.

Say what you want about the evils of free markets. Rare is the institution that rewards-or even tolerates-those who challenge it. That alone should earn capitalism a lot of respect.

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