It may be the most common criticism of free enterprise, the economic system that has produced more wealth spread across by far the widest portion of people in all of human history: It’s all based on selfishness and greed.
Is that true? Do you respond on those many occasions on Capitol Hill when that criticism is registered? In the following video from the Colson Center, Brooke McIntire puts forth three fact-based responses.
Capitalism only succeeds when those in it serve the needs and the self-interest of others at a value point they are willing to pay. That’s it. You start small but if you CAN serve others, you often grow larger – and serve even more people. And, in succeeding, you serve your own self-interest as well. Socialists hate this but are wrong because they have the misguided and wrongheaded idea that everyone can be altruistic all the time as long as folks allow themselves to be “evolved” (another misguided idea – that people have no problem being “changed” by others simply because the others demand they change. How’s that working in any dating or marriage situation, eh?).
Capitalism is voluntary. Socialism/Progressivism isn’t – it is Government Force in telling you what you can and can’t do. Liberty vs Slavery.
It is this “serve others” that Socialists do everything they can to ignore. They seem to believe that a Free Market, in which voluntary exchanges are calculated, risk evaluated, and decided upon billions of times per day, is both evil and doesn’t work. But they also hate the loss of control that the Free Market presents to their own selfish notion that everyone must be controlled to be happy in which Government should be the only entity
(H/T: HillFaith)