Capitalism vs. Capitalists

Submitted by Bill St. Clair on Mon, 26 Apr 2010 09:57:01 GMT  <== Politics ==> 

Jonah Goldberg at American Enterprise Institute - no matter which system your government guns promote, capitalists will game it. So give it up, socialists. Capitalism is human nature, and nothing you can do will change that. [faré]

Five years ago this week, my former boss William F. Buckley started a column thusly:

"Every ten years I quote the same adage from the late Austrian analyst Willi Schlamm, and I hope that ten years from now someone will remember to quote it in my memory. It goes, 'The trouble with socialism is socialism. The trouble with capitalism is capitalists.'"


The problem with socialism is socialism, because there are no socialists. Socialism is a system based upon an assumption about human nature that simply isn't true. I can design a perfect canine community in which dogs never chase squirrels or groom their nether regions in an indelicate manner. But the moment I take that idea from the drawing board to the real world, I will discover that I cannot get dogs to behave against their nature--at least not without inflicting a terrible amount of punishment. Likewise, it's easy to design a society that rewards each according to his need instead of his ability. The hard part is getting the crooked timber of humanity to yield to your vision.

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