Inappropriate Content: W&I©

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Wednesday, February 02, 2005

W&I©

I have, at times, been accused of disliking capitalism because I say things like “I don't like capitalism.” Certainly even capitalism's most intelligent, well-spoken defenders (notably Ayn Rand) have always seemed a bit cheerleader-y in their pronouncements on this economic system. But I would like to state for the record, my _support_ of capitalism: I have found the best case for capitalism, from—no surprise here—the man who wrote the best case for democracy:

Capitalism undoubtedly has certain boils and blotches upon it, but has it as many as government? Has it as many as marriage? Has it as many as religion? I doubt it. It is the only basic institution of modern man that shows any genuine health and vigor.

—H.L. Mencken