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A time of ongoing cultural revolution when the adversaries of Christianity have made plain their intent to use the state machinery to promote radical social ideologies hardly seems an opportune moment to discuss how the rights of property might be compromised. Private property is an important bulwark against the ongoing anti-Christian campaign. Although opponents of the free market will doubtless claim that they wish to interfere with the rights of property only to this or that extent, or only to bring about this or that allegedly desirable social outcome, there can be little excuse for such naiveté in our day. No Christian should want to build up an institution that he would be terrified to see in the hands of his ideological opponents.

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For anyone who thinks "profit" is evil, I have a challenge for you: try NOT to get any profit in the next week. Profit simply means increasing how much valuable stuff you have, and if you don't profit, you die. Literally. For example, don't buy any food for a week, because when you buy food (or anything), it's because you value the food MORE than you value the money you trade for it. If you didn't, you wouldn't make the trade. So you PROFIT (and so does the seller) every time you buy something. And every time you sell something, or work for money, etc. So before condemning "profit" (or "greed" or "selfishness," for that matter), see if you can survive without it. Then stop repeating vague collectivist BS, and learn to distinguish between "win/win" events (voluntary exchange) where BOTH sides profit, and "win/lose" events, where one side benefits by harming the other side. By the way, "government" is ALWAYS the latter.

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How little one is justified in speaking in this connection of "optimism" and "pessimism" and how much the characterization of liberalism as "optimistic" aims at surrounding it with an unfavorable aura by bringing in extrascientific, emotional considerations is best shown by the fact that one can, with as much justice, call those people "optimists" who are convinced that the construction of a socialist or of an interventionist commonwealth would be practicable. Most of the writers who concern themselves with economic questions never miss an opportunity to heap senseless and childish abuse on the capitalist system and to praise in enthusiastic terms either socialism or inter ventionism, or even agrarian socialism and syndicalism, as excellent institutions.

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If the world were full of the self-seeking individuals found in economics textbooks, it would grind to a halt because we would be spending most of our time cheating, trying to catch the cheaters, and punishing the caught. The world works as it does only because people are not the totally self seeking agents that free-market economics believes them to be. We need to design an economic system that, while acknowledging that people are often selfish, exploits other human motives to the full and gets the best out of people. The likelihood is that, if we assume the worst about people, we will get the worst out of them.

HC
Ha-Joon Chang

23 Things They Don't Tell You About Capitalism

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True, t is only individuals who starve, but what security has the working-man that it may not be his turn tomorrow? Who assures him employment, who vouches for it that, if for any reason or no reason his lord and master discharges him tomorrow, he can struggle along with those dependant upon him, until he may find some one else 'to give him bread'? Who guarantees that willingness to work shall suffice to obtain work, that uprightness, industry, thrift, and the rest of the virtues recommended by the bourgeoisie, are really his road to happiness? No one. He knows that every breeze that blows, every whim of his employer, every bad turn of trade may hurl him back into the fierce whirlpool from which he has temporarily saved himself, and in which it is hard and often impossible to keep his head above water. He knows that, though he may have the means of living today, it is very uncertain whether he shall tomorrow.

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The big guys who ran things didn't want you thinking or feeling. It slowed down production. They wanted you scared and working so you wouldn't bump up against the truth--life could be fun. Yup, they wanted you scared. They wanted you grim. They wanted you madly cranking out Barbie dolls or Post Toasties or Xerox, or they wanted you overworked and underpaid at teaching so you could at least feel smart, and they wanted you to keep having kids so you'd have to keep working at whatever job you were stuck in and not have time to think or feel or, if you did, you certainly wouldn't have time to do anything about it, or even get close to the big fun, the fun that belonged only to them. And then they wanted your kids to hop on the same treadmill.

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When you live in the United States, with the roar of the free market, the roar of this huge military power, the roar of being at the heart of empire, it's hard to hear the whispering of the rest of the world. And I think many US citizens want to. I don't think that all of them necessarily are co-conspirators in this concept of empire. And those who are not, need to listen to other stories in the world - other voices, other people.

AR
Arundhati Roy

The Checkbook and the Cruise Missile: Conversations with Arundhati Roy