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De Omnibus Dubitandum - Lux Veritas

Monday, September 16, 2013

Why does capitalism still need defending?

By: Larry Elder 9/12/2013
Given the evidence of the superiority of capitalism in achieving prosperity, isn’t it astonishing we still debate its merits?
Filmmaker Michael Moore actually made an anti-capitalism “documentary” called “Capitalism: A Love Story.” Moore says: “Capitalism is an evil, and you cannot regulate evil. You have to eliminate it and replace it with something that is good for all people.” Is it relevant that Moore’s net worth is reported around $50 million, give or take a few mil, and that his accumulation of wealth occurred within the system of free markets that he trashes?
Another Hollywood leftie, Ed Asner, is a member of the Democratic Socialists of America. In a tax-the-rich cartoon video narrated by Asner, an evil rich man urinates on the poor. Charming……Aid is just a stop-gap. Commerce (and) entrepreneurial capitalism takes more people out of poverty than aid. … In dealing with poverty here and around the world, welfare and foreign aid are a Band-Aid. Free enterprise is a cure.”……To ReadMore….

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