Thursday, May 21, 2009

The absurdity of anti-capitalism

In order to be an anti-capitalist, you would have to believe that

1) Entrepreneurs and inventors make the world poorer and worse off with each one of their new ideas.
2) The capitalists who provide the money for their innovations are also increasing poverty and harming the world.
3) The resulting new job opportunities impoverish the masses even further.

Could there be a set of views more self-evidently false and insane? I can't think of a better way to capture the pure absurdity of their beliefs in such a brief post.


Mike Gogulski said...

Actually, to be an anti-capitalist one needn't go to any such extremes.

One merely need adopt the definition of "capitalism" that is used by a very large number of people, roughly: the system of state-favored privileges attached to capital operating across wide swathes of the world today.

David Z said...

And you also have to have an irrational hatred of people who want to "accumulate wealth".

@Mike - the clever commies usually say something like, "the wealth accumulation characterizing a libertarian free market will automatically lead to state capitalism."

Mike Gogulski said...

There are clever commies?