{"id":9601,"date":"2019-01-10T05:00:25","date_gmt":"2019-01-10T10:00:25","guid":{"rendered":"https:\/\/www.justrightmedia.org\/blog\/?p=9601"},"modified":"2019-01-12T13:42:00","modified_gmt":"2019-01-12T18:42:00","slug":"590-hating-capitalism","status":"publish","type":"post","link":"https:\/\/justrightmedia.org\/blog\/archives\/9601","title":{"rendered":"590 – Hating capitalism"},"content":{"rendered":"

\"Brand

Capitalism as an \u2018unknown ideal\u2019 continues to be demonstrated in our popular media and discussion shows daily. Common fallacies about both capitalism and variant forms of socialism persist.<\/p>\n

Two recent on-line discussions featuring well-known personalities – one between Russell Brand<\/strong> and Candace Owens<\/strong>, and another between Ben Shapiro and Tucker Carlson<\/strong> \u2013 provided perfect samplings of how both those on the \u2018left\u2019 and \u2018right\u2019 share many of the same anti-capitalistic sentiments. These myths demand a response because when acted upon, undesirable consequences arise for all of us.<\/p>\n

\u2018Capitalism\u2019 has become the word used to describe the economic condition that arises in a political and social environment of freedom. It is the \u2018economic dimension\u2019 of freedom and is only made possible when freedom\u2019s other dimensions are in place.<\/p>\n

Unfortunately, the word \u2018capitalism\u2019 was effectively created by Karl Marx<\/strong> so as to turn the idea of capitalism into a \u2018political\u2019 concept, which, unlike socialism, it is not. Whereas capitalism operates on the economic principle of supply and demand (under freedom), socialism operates by fiat.<\/p>\n

Socialism is the exercise of state control over the \u2018supply and demand\u2019 functions of the economy. Socialism is ideologically motivated by the very fallacies that persistently lead to a hatred of capitalism, fallacies that are increasingly being found in our popular discussions.<\/p>\n

Confusion arises because whether under socialism or capitalism, government is a necessity. But the role of government with respect to the economy is radically different: Figuratively expressed, under capitalism government is the \u2018referee,\u2019 while under socialism government is a \u2018player in the game.\u2019<\/strong><\/p>\n

Ironically, the \u2018bottom line\u2019 on this seemingly \u2018economic\u2019 discussion is that it turns out not to be economic at all! In concluding that \u201cmorality and virtue\u201d are ultimately responsible for the condition of freedom to arise, Ben Shapiro is among the few in the popular discussions who got it Just Right about capitalism as well.<\/p>\n

<\/a> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Capitalism as an \u2018unknown ideal\u2019 continues to be demonstrated in our popular media and discussion shows daily. Common fallacies about both capitalism and variant forms of socialism persist. Two recent on-line discussions featuring well-known personalities – one between Russell Brand and Candace Owens, and another between Ben Shapiro and Tucker Carlson \u2013 provided perfect samplings [Continue Reading]<\/a><\/p>\n","protected":false},"author":3,"featured_media":9603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,25,69,28,6,120],"tags":[],"class_list":["post-9601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-audio","category-capitalism-politics","category-economics","category-latest","category-politics","category-socialism","issues-anarcho-syndicalism","issues-capitalism","issues-socialism-2","personalities-ben-shapiro","personalities-candace-owens","personalities-russell-brand","personalities-tucker-carlson","category-12-id","category-25-id","category-69-id","category-28-id","category-6-id","category-120-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/posts\/9601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/comments?post=9601"}],"version-history":[{"count":4,"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/posts\/9601\/revisions"}],"predecessor-version":[{"id":9607,"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/posts\/9601\/revisions\/9607"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/media\/9603"}],"wp:attachment":[{"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/media?parent=9601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/categories?post=9601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/tags?post=9601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}