Jeff Snider at Real Clear Markets makes the case for capitalism
Capitalism sure is messy, unpredictable, and, most of all, lumpy. It doesn’t go in a straight line, can cause tremendous stress and pain, and there are times when it gets caught up, for prolonged periods, in the bureaucratic messes of interfering morons. But once it is eventually set free, stable money, the world’s workers end up united if only in having no interest in the deplorable Marxist revolution – Trotsky, Lenin, or Mao – and its authoritarian Hotel California.
