Capitalism is a natural phenomenon

Fortunately, political freedom and economic progress are natural partners. Despite capitalism’s lingering reputation as the source of all the world’s evils, the fact remains that every single democracy is a capitalist country. Half a century of economic experimentation proved beyond doubt that tyranny cannot yield prosperity … Socialism collapsed because it is a policy of unrestrained intervention. It tries to fix what is ‘wrong’ with the spontaneous, self-organizing phenomenon called capitalism. But, of course, a natural process cannot be ‘fixed.’ … Socialism is an ideology. Capitalism is a natural phenomenon.

Author: Greg Raven

Free minds and free markets.