Traditional Marxism attempted to argue against free enterprise by saying that capitalism causes poverty and that, therefore, socialism is necessary. That didn't work, because it was false.
I have dedicated my life to fight against the heinous rottenness of modern capitalism because it robs the laborer of this world's goods. But blow for blow I shall strike against Communism, because it robs us of the next world's happiness.
You show me a capitalist, and I'll show you a bloodsucker.
To paraphrase Winston Churchill, capitalism is the worst economic system except for all the other forms.
The first issue to be settled is whether socialism has a right to exist Are its allegations concerning the present system true? Is industry proceeding on a principle of fraud? I wish to test the power of recent economic theory to give an exact answer to this question.
Profit is the sole criterion used by the establishment to evaluate economic activity. From the rat race to lame ducks. The vocabulary in vogue is a give-away. It's more reminiscent of a human menagerie than human society.
The capitalist system was termed "capitalism" not by a friend of the system, but by an individual who considered it to be the worst of all historical systems, the greatest evil that had ever befallen mankind. That man was Karl Marx.
Capitalism stands its trial before judges who have the sentence of death in their pockets. They are going to pass it, whatever the defense they may hear; the only success victorious defense can possibly produce is a change in the indictment.
This unthinking assumption of moral virtue on the Left is frustrating. I saw someone on Facebook talking about capitalist scum, he was angry and thought it was OK because his anger was righteous.
One man in one mood will attack Industrial Capitalism for its destruction of beauty; another for its incompetence; another for the vileness of the men who chiefly prosper under it; another for its mere confusion and noise; another for its false values; it was until recently most fiercely attacked for its impoverishment of the workers, its margin of unemployment and the rest - indeed so fiercely that it was compelled to seek palliatives for the evil. With a mass of men it was attacked from a vague but strong sense of injustice; it allowed a few rich to exploit mankind.
Public opinion takes no offense at the endeavors of farmers, workers, clerks, teachers, doctors, ministers, and people from many other callings to earn as much as they can. But it censures the capitalists and entrepreneurs for their greed.
Capitalism is against the things that we say we believe in - democracy, freedom of choice, fairness. It's not about any of those things now. It's about protecting the wealthy and legalizing greed.
Ignorance, as well as disapproval for the natural restraints placed on market excesses that capitalism and sound markets impose, cause our present leaders to reject capitalism and blame it for all the problems we face. If this fallacy is not corrected and capitalism is even further undermined, the prosperity that the free market generates will be destroyed.
