Sunday, September 21, 2008

Response to "Parenti 'Democracy for the Few' and Marx"

While I find Marx and Dave's arguments against capitalism compelling, I cannot agree with them. Even today, amid the quagmire that is the American economy, I still maintain that capitalism is the economic system that best aligns itself with liberty. With freedom comes responsibility. Though, I concede that the government should assist those in need, I believe this assistance should be strictly temporary.

Dave and Marx look and capitalism and see its shortcomings. They see the wealth disparities. I look at capitalism and see its genius. Capitalistic "greed" is positive as far as I'm concerned. Coveting your neighbors car leads to working harder and earning more money so you too can have a car worthy of covet. As a result, you get more money, a nicer car, and the car company makes money, which they spend on something else, which generates more money for someone else, and so on and so forth. Capitalism prevents contented comfort. There is always something bigger and better to pine after and work for.

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