“Some of the anti-capitalist impulse goes back to that hunter-gatherer mentality and not comprehending the complexity of the market economy, the complexity outpaced our ability to understand it. But even those who don’t understand markets should open their eyes and acknowledge its benefits : Worldwide, wherever economic freedom is allowed, millions of people have lifted themselves out of stoop labor and miserable poverty. Of course, not everyone can reap the benefits of markets. The sick, the mentally ill and other truly helpless people need a hand. But why assume government must provide that help ? Government does n’t do anything very well. Why not let private charity handle it ? I once assumed there was too much poverty for private charity to make much of a difference. But now I realize there is plenty of money, and private charity would do much more if government did n’t discourage it. When the welfare state took over poverty relief, it crowded out.
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- FOX News 10 years ago
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