Rachel Marsden

Intelligence analysts can't afford blind spots that might cost lives. But in many other cases, there's little or no incentive to expand one's field of thought. In fact, it might be downright inconvenient to do so. Would the Occupy movement have been as attractive to its target demographic if it had attacked the corruption of capitalism rather than erroneously firing on capitalism itself?

Wall Street isn't synonymous with capitalism. In fact, the exact opposite is true: Wall Street has removed the "capital" from "capitalism" and replaced it with leverage, filler, empty rhetoric and other toxicities -- everything other than the result of productivity.

And when did Europe and its financial system suddenly become some sort of capitalist reference? It seems that everyone's talking about the continent formerly known as "socialist Europe" as if it's the epitome of capitalist failure.

Capitalism is quite simple and straightforward: the direct exchange of private payment for the product of a person or group's skills, talent and effort, as determined by the free and open market. There is no proof that capitalism itself is suffering, except by its subversion at the hands of socialism, corruption and meddling statists.

As much as the Chinese and Russians might want us to believe that capitalism doesn't work for the average Westerner -- and I think their "away game" on the international stage strongly suggests that they know better -- the average American's annual income is still about five times that of the average Russian, and about 12 times that of the average Chinese, according to the latest labor figures.

Capitalism is the ONLY system that works for the average person, while socialism is the choice of the state's favored few. And while the latter might be appealing to those who find themselves chosen ones in a centralized socialist state, just wait until the state changes its mind about your value, and your wealth, security and freedom crumble like the illusions they are.


Rachel Marsden

Rachel Marsden is a columnist with Human Events Magazine, and Editor-In-Chief of GrandCentralPolitical News Syndicate.
 
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