Sunday, November 6, 2011

In praise of capitalism

Great commentary at PJ media about capitalism and the concept of "economic justice".

In praise of capitalism

Best quotes:

"Most people who advocate robbing Peter to pay Paul always imagine themselves as Paul — never as Peter. But when their desired forced redistribution is applied at a national level, the result is the near-universal misery and squalor of socialist countries like Cuba and North Korea. Except for a few political elites, everyone is equal — but poor."

"I don’t want to live in a dog-eat-dog world of constant “redistribution” and mutual predation where I survive only by looting from those wealthier than me, while those poorer than me survive by looting from me. Instead, I want a capitalist society which allows the top 1% the freedom to make their lives better — and in the process makes my life better as well."

I couldn't have put it better myself. 

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