Tuesday, September 8, 2009

Proponents of true capitalism have an upward battle to fight.

The hill becomes steeper daily. This Mises post outlines one of the fundamental reasons, the misunderstanding or mischaracterization of capitalism by "intellectuals" and those on the left and right.

The continuing mischaracterization of markets, liberty and freedom have resulted in what would otherwise be laughable - the work of Michael Moore. His latest jeremiad and reaction really do illustrate the extent to which thoughtful and civil debate about the role of markets, liberty and freedom have been marginalized.

The inability to engage in a meaningful way with opponents of markets, liberty and freedom is in large part due to the hubris of those who condemn these ideals and ideas without effort at understanding. But part of the responsibility for the lack of engagement lies with those of use who to believe in liberty - clearly we need to reconsider how to approach this discussion and engage otherwise reasonable people.

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