In Defense of Capitalism

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In the past couple of years, we’ve seen young men and women rethinking their positions on capitalism and socialism, and…well, let’s just say capitalism is faring worse than Bill Clinton at an abstinence only rally put on by Playboy Playmates. More and more, young people think socialism is the way to go. After all, on paper, it’s the most fair system out there.

Unfortunately, that paper and $3.50 will get you a cup of coffee-flavored steamed milk at Starbucks.

Where did we go wrong that socialism is faring better than capitalism in the United States, the bastion of capitalism? There are so many culprits, it’s hard to point fingers at them all, but let’s start with one that we might have overlooked.

Us. We, the people, failed to make the case to the young skulls full of free range soy based granola that capitalism is the best socioeconomic system out there, bar none. Oh, sure, we lived like we believed it, but somewhere along the line we decided capitalism didn’t require excellence. We settled on the mediocre, and in some cases the below average, because it was easier than demanding more. Why do you think Starbucks can charge $3.50 for a cup of coffee-flavored steamed milk instead of making a good cup of coffee with only a little milk? Because it was just too hard to demand more, so we swallowed our pride (and a lot of burnt coffee beans) and settled.

But that’s not capitalism is about. Capitalism gives you a choice because there will always be a market for a product or service other people and companies don’t offer. In America, if you don’t like Starbucks, you can go to Caribou Coffee or Seattle’s Best or Dunkin Donuts or any number of other places to get a cup of java (or at least a cup of java with less steamed milk in it). It’s not like you have to get Starbucks, kids.

In a socialist economy, choice isn’t one of the options on the menu. You may want a triple mocha espresso with a shot of butterscotch, but what you get…is watery sewer sludge in a broken cup, and that’s if you’re lucky! As neat as socialism seems to look, the reality is far less rosy.

Let’s say there’s a Justin Bieber song you really like. (Granted, that may be impossible, but play along for the sake of an example, k?) You grow to love that song, no matter how many times you play it and no matter how many friends and family members you drive away with it. Then, after a while, you get tired of that Justin Bieber song and you want to listen to something else. You know, like Gordon Lightfoot, Triumph, Rush, or even William Shatner.

Under socialism, you really don’t get to skip ahead on the “Canada’s Greatest Musical Acts” CD. You wouldn’t even get to listen to Anne Murray! You have to keep listening to the same Justin Bieber song over and over again. (Provided, Amnesty International hasn’t determined such a feat would be considered torture.) Yes, kids, socialism is just like listening to a Justin Bieber song only with more rhythm.

At least with capitalism, you get to push the Skip button on your CD player or MP3 player and find another song. And if you don’t like the next song, you can move to a different one until you find one you like. Capitalism, for all of its faults and misuse today, treats you like an adult and assumes you can make good choices for yourself. Socialism not only treats you like a child, but assumes you can’t make good choices for yourself. Then again, if you think socialism is still viable in the 21st Century, the socialists might be onto something.

Two of the words that keep getting thrown about by socialists are “free” and “equal,” such as “free college for students” and “equal pay for equal work.” When you really think about it, these words have psychological power over us. America was built on the high-minded concepts of freedom and equality (even though some of the slaves in the Colonies might disagree). Yet, these aren’t the same concepts socialists use. When they want something to be free, they mean free for them. They don’t want to pay out of pocket for what they want; they simply want it.

If any of you reading this are parents of young children, you’ve seen this concept in action.

As far as equality is concerned, socialists see it in terms of tearing down the rich and powerful and propping up the poor and powerless. I’m sure a number of you wouldn’t mind Bill Gates dropping off a few hundred grand to your doorstep, but it doesn’t mean you’re equal. He will still be Bill Gates, and you will still be you. And not even a few hundred grand will change that.

And where does that leave people in the middle, neither rich nor poor, neither powerful nor powerless? Right where they are. Don’t try to excel; just skate by like Dorothy Hamill on truck stop speed. At least socialism guarantees equal doses of pain for everyone, so there’s that.

Listen. Thanks to people like Bernie Sanders, socialism may seem to be the next big thing, but it’s really the socioeconomic equivalent of the man bun. Not only does it make you look stupid, but it is harmful in ways you don’t comprehend yet. But, in America, you are free to believe socialism is the cure for all of our ills. I won’t stop you. After all, the more socialists there are out there, the more people I get to mock relentlessly.

Capitalism, as imperfect as it may be, still grants people a lot of leeway, including whether to be a socialist. Try being a capitalist in socialist society and see how that turns out for you. Spoiler Alert: I hope you enjoy your new prison cell because there’s a chance you’ll be in there for a while.

This is not to say capitalism can’t use a bit of sprucing up by any means. When we have people like George Soros, Donald Trump, and Michael Bloomberg raking in the cash through various means, the moral core of capitalism gets overlooked a lot. But, without a moral core, capitalism can easily be the worst idea in the world. Yes, even worse than letting Hillary Clinton store our nuclear codes on her home server. If we let the want of stuff overtake the want of a better future, we run the risk of letting stuff become the entirety of our being.

And, no, that’s not unfettered and unregulated capitalism leads to, folks. That kind of behavior results from greed. Capitalism with a moral core comes from enlightened self-interest. For example, how many times have you heard the Left complain about lumber companies ruining forests through their desire to cut down every tree? Any lumber company worth its sawdust will tell you they wouldn’t engage in that kind of behavior. Why? Because if there are no more trees, the lumber industry goes the way of the third season of “I Am Cait.” (Too soon?)

Even if you’re not big on capitalism and aren’t seeing how bringing up the bad parts about socialism actually defends capitalism, there is one element to consider. Under a capitalist system, we get to be governed. (Not well these days, I grant you, but still governed.) Under a socialist system, we get to be ruled. There is a big, big difference, folks.

In closing, I have to say socialism and its various related movements may have already given up Lenin’s ghost when it comes to their ideology. The fact you can buy a Che Guevara t-shirt, take a selfie of yourself wearing it using your iPhone, and post it to social media sites like Facebook and Twitter using the hashtag #socialismrocks makes the best argument for capitalism ever.

Author: Thomas

I'm a small town boy living in the heart of Iowa watching the world go by with my wife and dog.

One thought on “In Defense of Capitalism”

  1. We have to keep in mind that people do often confuse social-economic systems with political systems.

    For example, the United States of America is a Constitutional Republic (notice there is no “democracy” listed there because we aren’t one.)

    And our social-economic system is capitalism. Capitalism only works in a government system that supports liberty and freedom. In order to make other social-economic systems work according to their paper versions. The political system needs to be totalitarian and restrictive.

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