We wish each other "peace on earth." Wishing is not enough. We must act on this wish by promoting capitalism on earth.
Too many people (including some religious leaders) are promoting the idea that re-distribution of wealth or “social justice” is the best way to foster peace. But Christians and Jews need only read the Old Testament to see that God condemns stealing and envy so much that he gave Moses commandments like: “You shall not steal,” “You shall not covet your neighbor’s wife, and “You shall not covet your neighbor’s goods.”
And in the New Testament, Christ promoted capitalistic ideas. Christ’s allegories conveyed the basic principles of capitalism: freedom, ownership, profit, private property rights, honesty and justice.
How capitalism promotes peace
Men who are trading partners do not typically fight each other. For, they have an economic interest in maintaining friendly relations. And men who are free to pursue vocations that utilize their unique talents will be happier than those who are assigned to work in a specific industry by the state.
In Ayn Rand’s novel, Atlas Shrugged, the federal government takes over all private industry. Dagny Taggart is the heroine whose private railroad company becomes bound and regulated by the federal government. Taggart realizes that socialist public policy has caused her once cheerful employees to loathe her and each other.
Taggart observes: “… she was both a slave and a driver of slaves, and so was every human being in the country, and hatred was the only thing that men could now feel for one another.”
Capitalism thrives on peace; ownership and prosperity encourage individual morality. But socialism thrives on chaos, riots and animosity. Dictators can control people who are poor, hopeless and weak easier than they can control people who are wealthy, confident and powerful. Rand observes in the June 1966 edition of The Objectivist newsletter: “Statism needs war; a free country does not. Statism survives by looting; a free country survives by production.”
Specific action steps
Let me recommend specific action steps we can take to cultivate capitalism on earth: