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Politically Incorrect Guide To Capitalism

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When it comes to creating a scapegoat for societal crises like discrimination and climate change, no system receives criticism and hatred quite like capitalism. Contrary to the cries of leftist hysteria, Dr. Robert Murphy asserts in The Politically Incorrect Guide to Capitalism that a free market economy would not only heed discrimination and sustain the environment - it would do so effectively, in contrast to increased government management. Furthermore, the benefits and power of individual choice often become ignored, as pro-government advocates superficially delegitimize the free market by citing instances of corrupt individuals as evidence for their solutions. Ironically, statutory solutions introduce a whirlwind of problems in order…show more content…
Contrary to the assertions that businesses carelessly waste resources to the point of diminishment, businesses have to be cautious of their resources, since they can be profitable. Furthermore, if an animal is on the brink of extinction, it wouldn’t make sense to create a commodity out of it. Instead, business owners look for plentiful alternatives. Additionally, the cries to conserve resources for future generations, when looked at as a whole, makes no sense: if people in the present are consuming oil from their grandchildren, doesn’t this mean that the grandchildren that use those resources are stealing them from their own posterity? Ultimately, a finite resource cannot be recovered regardless of who uses it, and thus alternative resources must be discovered. As with discrimination policies, the interference in the market can be the worst possible answer to protect the…show more content…
Moreover, this can be seen in interventionist policies to save the environment by cracking down on businesses. Primarily, the extent to which government takes things like recycling can be an unnecessary nuisance that does nothing to help the environment. For example, when government provides money for recyclable items like soda cans and plastic bottles, they create an artificial price that skewers with the market’s value of such items. Additionally, it often ends up being government-dominated systems that become the major offenders of pollution, as seen with communist countries like the Soviet Union. Overall, whenever government steps in to solve a problem, they end up causing more problems, while failing to eliminate the original
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