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The Cause of Global Prosperity
is Capitalism
by Glenn Woiceshyn
Published in the Globe and Mail (pg. B2) on Feb/13/97.
Dear Editor,
Re: "Outlook for Social Progress Bright"--by Thomas d'Aquino--Jan/30/97--The
Globe and Mail
Why does Thomas d'Aquino deploy such vague terms as "openness," "transparency,"
"democratization," and "new economic order" to avoid naming the
real cause of global prosperity?
The real cause of global prosperity is capitalism, the social system that protects
individual rights and thus leaves individuals free to pursue their lives -- to think,
produce, trade -- without government coercion. It's the extent to which the world
has embraced capitalism and rejected statism that explains rising global prosperity.
Just because today's so-called humanitarians hate the word "capitalism,"
and everything it stands for, it doesn't mean that alleged pro-capitalists like Mr.
d'Aquino should fear using it.
Mr. d'Aquino warns that unless the "new economic order" fails to distribute
wealth quickly, a "counter-revolution" will take place. In other words,
if those who are currently suffering from statism don't experience instant and miraculous
recovery, they'll be up in arms against capitalism. That's like a heavy smoker threatening
to smoke more unless he receives free and instant recovery from smoke-related lung
disease. The proper response to such threats is unprintable.
Sincerely,
Glenn Woiceshyn
© 1997 Glenn Woiceshyn. All rights reserved.
This article can be found on-line at at http://www.capitalism.org/glennw. |
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