Saturday, November 26, 2011

Here are ten things we evil capitalists really think

Here's a summary of a blogpost at The Telegraph:

1. Free-marketeers resent the bank bailouts.

2. What has happened since 2008 is not capitalism.

3. If you want the rich to pay more, create a flatter and simpler tax system.

4. Those of us who believe in small government are not motivated by the desire to make the rich richer.

5. We are not against equality. . . Our objection is not that egalitarianism is undesirable in itself, but that the policies required to enforce in involve a disproportionate loss of liberty and prosperity.

6. Nor, by the way, does state intervention seem to be an effective way to promote equality.

7. Let’s tackle the idea that being on the Left means being on the side of ordinary people, while being on the Right means defending privileged elites.

8. Capitalism, with all its imperfections, is the fairest scheme yet tried.

9. Talking of fairness, let’s remember that the word doesn’t belong to any faction.

10. Let’s not forget ethics, either. There is virtue in deciding to do the right thing, but there is no virtue in being compelled.

H/T: The Politics of the Cross Resurrected