Writing over at Conservative Libertarian Outpost, Patrick Sperry quotes a column by Michael Miller of the Detroit News. The money quote:
What are we to make of capitalism in light of all the crises, fraud and government intervention, when even some traditional supporters of markets are supporting bailouts?
Before answering this question, it is important to note that “capitalism” is a Marxist term. It gives the impression that the market is a nebulous force. This impersonal understanding can lead us to blame markets when things go wrong instead of exploring reasons that are harder to diagnose.
Marxists ignore all of the misery produced by their system of soft slavery but jump on every opportunity to attack capitalism whenever they can. I am reminded of Churchill’s quote:
The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of misery.
He nailed that one. I like to ask people on the left side of the spectrum why we should tailor our entire system to subsidize the lifestyles of the societal parasites. Their answers, full of false compassion, do not impress me. It is not compassion when you are spending other peoples’ money.