Capitalism and Its Death

The Paradigm Has Shifted

...Capitalism is much more than an economic system, although many conservative defenders of the market never articulated, never knew, or flatly denied this fact. Capitalism rests upon the notion of the rights and sovereignty of the individual including his or her right to deal with others as they see fit. By definition, capitalism is anathema to government intervention, because one cannot be free while under the threat of coercive measures such as taxation and majority fiat.

I realize that my even writing such things baffles many people. The whole idea of a truly free, unencumbered society is lost on most members of American society today...

Let me say that, while I blame government officials—on both sides of the aisle—for the problems we’re facing and the response to them, my highest scorn is saved for the very people who have made millions in the market: business leaders. Not one highly visible businessperson stood up to
defend capitalism. Not one argued against the advent of fascism (let’s call state control of the economy what it is). Not one blamed lobbyists working for the Wall Street gang wining and dining their buddies in D.C. in return for favors and bailouts. No, the majority of the big business executives kept their mouths shut and stuck their hands out. I never thought I would witness such a spectacle in my life, but I have.

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