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Virtue, Liberty, and the Market: What the Left Will Never Understand About Capitalism

Illinois Review by Illinois Review
January 24, 2022
in Illinois News
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(Photo: Brendan Smialowski, AFP/Getty Images)

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Opinion: The Political Agenda Behind Year-End ‘Economic Collapse’ Stories

“There’s No Free Lunch” by David Bahnsen can teach us so much about why free markets work. Richard Reinsch writes:

Does America still believe that it is an immensely gifted wealth-creating country? And does it further believe itself capable of producing not only the highest forms of technology, products, and services, but in a manner that lifts the sails of vast numbers of Americans?

There are grave reasons to doubt an affirmative answer to both questions when we look to new progressive policies and the arguments that have produced them.

The American economy, according to the left, is built on inequality and deepens that inequality at every turn, excluding great numbers of Americans from opportunity. We have heard this since we were in knee socks.

[Richard Reinsch, "Virtue, Liberty, and the Market: What the Left Will Never Understand About Capitalism,” The Daily Signal, January 18]

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