The best argument for
capitalism and against communism is the most fundamental philosophical
argument, from which all specific arguments follow--the moral argument.
Capitalism—by which I mean
fully free laissez-faire capitalism, not the “welfare capitalism” or mixed
economies or crony “capitalism” we see today—is based on the Enlightenment
ideal of individualism. Individualism holds that the standard of moral value is
the individual, which leads to economic, political, and intellectual freedom
based on inalienable individual rights to life, liberty, earned property, free
trade, and the personal pursuit of happiness—secured by a government instituted
and constitutionally limited for the purpose of protecting that freedom.
Communism (as a
social-economic-political system) is based on collectivism, which holds that
the standard of moral value is the group or collective, as represented by the
state. Under communism, all “rights” are vested in the collective--the
individual has no rights--so any individual[s] may be sacrificed for whatever
purpose the state deems to be in the interest of the general or common good of
the collective (society, the proletariat, etc.) it represents.
Capitalism means each person
has a moral and legal right to live for himself. Communism means each person’s
only moral and legal purpose for existing is to live for others. That is the
basic divide--and for anyone who values human life, the best argument “for
capitalism and against communism.”
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