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American values, which have been denigrated, evolved over two hundred years. It has become common to debase history and belittle capitalism, Certainly, one can find faults in both. One thing that is often forgotten is how rare have been revolutions that produced positive change. The French Revolution of 1789 eliminated a king and produced an Emperor. The Haiti slave rebellion of 1791 got rid of the French and eliminated slavery, but the nation has never had an honest and fair government. The Russian Revolution of 1917 exchanged autocratic Tsars for totalitarian Communists. Other examples: China in 1949, Cuba in 1959, and Iran in 1979. But the American revolution produced a government that evolved into the world’s fairest representative democracy. Capitalism, which creates winners and losers, is antithetical to today’s devotees of DEI, with its focus on equal outcomes. Yet, it is capitalism that encourages competition and offers choices to consumers. Free market capitalism has done more to lift people out of poverty than any other economic system. It provides people opportunities, to strive to do their best in whatever field they choose.
A few other thoughts:
Democracy – a form of government close to the center of a spectrum that stretches from anarchy to autocracy. It is not perfect, as Churchill said in a speech before the House of Commons on November 11, 1947: “…the worse form of government except for all those other forms that have been tried from time to time.” Our democracy is, as Abraham Lincoln said at Gettysburg on November 19, 1863, a “government of the people, by the people, for the people.” It is rare. Despite its visible success, according to ourworldindata.org, twice as many people live in “closed autocracies” as live in “liberal democracies.” Yet, we cannot forget that while our government is beneficent, dependency on government, unless it is absolutely necessary, leads to a loss of freedom.