Editor's note: This article is taken from managing editor Keith Knight's opening statement for a recent ZeroHedge debate. To clarify, when I say communism, I'm referring to the abolition of private property and voluntary contracts. Socialism is most accurately described as the institutionalized aggression against private property and voluntary exchanges. Capitalism is the social system based on the explicit right to private property and voluntary contracts between consenting adults. In advocating capitalism, I’m simply affirming the truism that human beings are self interested. This is why...
