…Except For Every Other System Ever Tried
Sir Winston Churchill famously quipped: “It has been said that democracy is the worst form of government except all the others that have been tried.” With apologies to Mr. Churchill, I would suggest a modernization of that quote based on today’s political/economic environment in the United States. You hear a lot about the “failure of capitalism,” and how bad it is compared with the socialist Utopia long sought by progressives; but in reality, free-market capitalism far outpaces any other economic system.
For proof, look no further than the only nation in history which has actually employed free-market capitalism for many decades, and his created more wealth than any other. In America, the lot of the poorest people would be the envy of many in other nations, where the poorest do not own things like microwave ovens and multiple televisions.
Today’s left-leaning leaders have convinced many of us (though no longer a majority) that government can…