Capitalism, both morally and pragmatically, is not just justified — it’s dramatically needed. The economic and moral benefit of resorting to the system of financial freedom is absurdly necessary.
I will not pretend to be unbiased here. Though I used to support economic restriction, years of research and contemplation have brought me to the conclusion that anything less than capitalism is not only destined to failure — it’s wrong.
Capitalism helps the poor by raising the average standard of living — this is why the poor in the US would be considered rich in other countries. This is, of course, not to say that the standard of living could be hire — hence the need to stop the economic prohibitive laws.
Capitalism helps the middle class by allowing them to invest to a greater degree — the middle class is disappearing in the US today because they are becoming part of the upper class. Freedom breeds success.
Capitalism helps the rich by not robbing them of that which they have earned. By not squandering the income that had been achieved. This in turn adds to the incomes of the lower and middle classes by turning the rich income into efficient investment and business creation, and not lost through political bureaucracy.
Nation after nation has discovered a simple idea. Government isn’t the answer to our economic problems. In 1680, French finance minister Jean-Baptiste Colbert joined a group of French businessmen, led by M. Le Gendre. The finance minister asked how the government could help the business owners, and Le Gendre quickly replied, “Laissez-nous faire” — “Let us be.” The economy doesn’t need the state to look over it. Economic restrictions don’t help business, they restrict business. That’s the point of economic restriction.
Freedom works. Freedom is moral — freedom helps achieve. Freedom is not to be shirked, freedom is the responsibility of the people and its government. Rather than seeking ways to restrict the economy, we should be strengthening it through economic liberty — capitalism.
My purpose for writing this series is simple. In the great American classic “Mr. Smith Goes to Washington”, actor Jimmy Stewart, playing the role of young statesman “Jefferson Smith”, said something that I have never been able to go a day without thinking of.
He was giving a one-man filibuster, a one man war against a political machine of corruption. At one point during his long monologue, Smith leaned over his podium, desperately tired and friendless. But though his body was tired, his mind was afire and poured hope out of his eyes. Leaning for support, he said, “Just get up off the ground, that’s all I ask. Get up there with that lady that’s up on top of this Capitol dome, that lady that stands for liberty. Take a look at this country through her eyes if you really want to see something.”
My purpose is simple. I want you to see the world through the eyes of lady liberty. I want you to think in the terms of freedom and peace. I want you to see the people who live for achievement as the heroes that they are. This is my purpose. I’m not ashamed to say that this is my bias.
“Look … through her eyes if ya really wanna see something.”