Nuggets of Wisdom

Saturday, January 9, 2016

Resist Economic Ignorance, Not Capitalism

Right now, #ResistCapitalism is trending on Twitter—a social media website created by capitalism, and used with computers that were also created by capitalism. Fortunately, most of the tweets are from people (with more than two brain cells to rub together) who realize the transparent irony.

Unfortunately, there are few other people tweeting the hashtag unironically. I’m here to point and laugh at their unashamed economic illiteracy. Here are just a few of the more egregious tweets:

Sorry, but as one sane person in the hashtag wrote, nothing causes poverty: "It's the original state, the default starting point. The real question is, what causes prosperity?" The obvious answer: the same economic system responsible for the world's most prosperous countries. (Hint: it's the same economic system being "resisted" in this hashtag!)

Thing is, ebil free market capitalism also provided much cheaper alternatives to that pill and its insane price tag.

Don't blame the free market for homelessness. Blame the government for creating the housing bubble.

How about you learn some history? Every time collectivism has been tried on a large scale, it has always failed. Soviet Russia. China. North Korea. Cuba. Vietnam. All failures. What makes you think the umpteenth time's the charm?

And please don't mention the Nordic Countries as examples. They ain't!

All of those things existed before capitalism.

Poor people can't prosper? Than why has poverty fallen below 10 percent under ebil capitalism?

Artists can't prosper? So there's no movie or music industry under ebil capitalism? You can't have those things without artists.

People with disabilities can't prosper? Pretty sure Steven Hawking is living a healthy, prosperous life under ebil capitalism.

Don't want to pay for corporate bailouts or war. Also don't believe that we can pay for an "egalitarian" society.

No, you have dirty capitalists like Henry Ford to thank for that!

I'm afraid to tell you, sweetie, but there's no such thing as "free." There's also no such thing as Santa Claus, the Easter Bunny, and the Tooth Fairy. As long as someone has to work to provide you with a vital good or service, someone has to pay for it.