Foundation for Economic Education
There is a strange inconsistency in attacking capitalism while celebrating the abundance it makes possible. Comment “Cap

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There is a strange inconsistency in attacking capitalism while celebrating the abundance it makes possible.

Comment “Capitalism” and we’ll send you an article that explores this further. Many of capitalism’s loudest critics denounce markets from smartphones, laptops, streaming platforms, bookstores, universities, coffee shops, airplanes, and social media networks built through market incentives. They reject the system while enjoying its fruits. Free markets create a social process where ideas, capital, labor, risk, and consumer choice come together without central permission. Entrepreneurs experiment. Workers contribute skills. Consumers decide what survives. The result is the everyday abundance so many people take for granted: food variety, medical technology, digital tools, global communication, entertainment, transportation, and countless conveniences once unimaginable to ordinary people. Critics are free to dislike capitalism. A free society gives them room to say so.
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