Current mood:	humming
Current music:	Tracy Chapman — Revolution
Entry tags:	free market economics capitalism

The free market is the only moral economic system
Laissez faire capitalism, is the only economic system with morality. All other forms of economics are immoral. Though the latter all sound so good, they are all about force, theft and fraud.

The free market is two parties non-coercively agreeing to exchange goods or services with each other. Both walking away believing they got the better of the deal. Why? Because each had a surplus of whatever they traded for something they wanted.

All other forms of economics involve the third party of government, taking from one party and giving to another (usually keeping a fine slice for itself). This exchange always occurs at the point of a gun. Under these forms of economics, nothing is owned, except by the government. This is true for monopoly, socialism, Keynesian capitalism or the fascism the United States economic system operates under.

For progressives: Try The Soul of Capitalism: Opening Paths to a Moral Economy
by The Nation's William Greider

For conservatives: Try Rush Limbaugh's favorites, Thomas Sowell or Walter Williams

For libertarians: Try Henry Hazlitt