Comments on: Capitalism Under Persecution

By: Speaking Up for American Capitalism | RedState

Speaking Up for American Capitalism | RedState — Sun, 18 Jul 2010 14:06:40 +0000

[...] capitalism under persecution worldwide, the business community has in part itself to blame. As accusations of greed and [...]

By: Atlantic Sentinel | Public Enemy

Atlantic Sentinel | Public Enemy — Sat, 03 Apr 2010 18:21:19 +0000

[...] capitalism under persecution and “Wall Street greed” continually blamed for plunging the world economy into [...]

By: Nick Ottens

Nick Ottens — Mon, 15 Mar 2010 11:11:12 +0000

Yes, it’s absolutely short-sighted. If you start giving in, as a businessman or a defender of capitalism, and admit that the system has “excesses” or “dark sides” that need to be “corrected”, that’s the beginning of the end. From the moment you accept the premise that capitalism is inherently, morally flawed, you’re working toward its destruction.

By: Shane McParland

Shane McParland — Sun, 14 Mar 2010 19:14:12 +0000

“Businessmen have in part themselves to blame. Amid accusations of greed and selfishness, they appease, apologize and they compromise. They attempt to appease the loudest of their opponents who will never relinquish the struggle. They apologize for their very existence, denouncing “inhuman capitalism” as much as the most collectivist of commentators. And they compromise on capitalism, relying on lobbying, on private manipulation and on pull in order to extract momentary favors from government. Businessmen have allowed themselves to be persecuted because they never stood up to defend capitalism. Rather they chose to undermine the system and let it take the fall for faults that were not its own. As it is, defenders of capitalism have become scarce and capitalism itself, a forgotten ideal.”

It is a corruption of the ideal too, perhaps they fear not having these various forms of insurance, even if they are actually hurting the ideal and their business overall.

They have used capitalism to achieve their status, but now abandon it thinking doing so will increase their chances of maintaining their position. If you climb a ladder to get to the top of a building and then destroy the ladder entirely so no one else can use it, you may think yourself clever for securing your position, but what happens when someone sets the building on fire? Even if you can escape in tact, you won’t have a ladder to get back up again. You will have to rebuild the ladder entirely, assuming you have enough resources to do so.

By: Atlantic Sentinel | How Much Profit Do You Need?

Atlantic Sentinel | How Much Profit Do You Need? — Sun, 14 Mar 2010 18:31:03 +0000

[...] Moyers and Winship go on to blast the insurance industry for making profits while people suffer and die, unable to afford medical care. They blame greed—the selfish pursuit of profit so typically associated with the morality of the businessman in a culture that loathes capitalism. [...]

By: Atlantic Sentinel | Economic Freedom in 2010

Atlantic Sentinel | Economic Freedom in 2010 — Sat, 23 Jan 2010 12:39:26 +0000

[...] the global recession took hold of the world last year, free market capitalism increasingly came under persecution. Much of the industrialized world accepted an expansion of government power over the economy in the [...]

By: Nick Ottens

Nick Ottens — Sun, 17 Jan 2010 12:53:49 +0000

Quite true. Thank you!

By: Political Blog Weekly: 15 January 2010 | U.S. Common Sense

Political Blog Weekly: 15 January 2010 | U.S. Common Sense — Sun, 17 Jan 2010 03:32:32 +0000

[...] Ottens presents Capitalism Under Persecution posted at Atlantic [...]

By: U.S. Common Sense

U.S. Common Sense — Sun, 17 Jan 2010 00:16:17 +0000

Found a typo:

“… impose a free on international transactions…” should be “… impose a fee…”

By: Nick Ottens

Nick Ottens — Fri, 15 Jan 2010 12:30:20 +0000

The problem is that we have two systems, one econmic and one moraly ideological based on the [e]conomical one, which confusingly happens to have the same name.

Perhaps. I’d counter that the economic system can’t properly exist without a capitalist morality, but I understand where you’re coming from. Most people understand capitalism purely as an economic order.