A couple of months ago, I was with a group of radical anti-capitalists. They thought that government was the answer to life, the universe and everything. They thought that businessmen secretly cheat on their wives and beat their children, whereas the poor starving individual was heroically beaten down by the brutal financial leaders. Maybe I’m stretching it a bit. But when I announced to them that I was a capitalist, they just gave me a blank stare. “Why on earth?“, was the simple question. Here’s a paraphrase of what my answer was. First I defined capitalism as being a simple idea. It’s where the government leaves the corporate world alone, and doesn’t try to do business work in a senate committee with people who have never done business. Capitalism is economic freedom. There … Read entire article »