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Article Email Article The Sophistries of Capitalism By: Robert
Locke FrontPageMagazine.com | Tuesday, January 08, 2002
CAPITALISM IS GOOD; this much we know. But there are a number of
sophistries being sold to the public under the label of
capitalism that deserve exposure. "If you believe in capitalism,
then you must believe in X, and any criticism of X is
socialistic," goes the tacit and sometimes not so tacit
argument. But in fact, all these ideas are wrong.  The first
sophistry that we should just get out of the way is the idea
that America is a "capitalist" country in an ideologically pure
sense. Most people realize, if they stop to think about it, that
it is not, but one still often hears it referred to as if it
were, as when people tell you that something (usually something
that involves destroying traditional values, like immigration,
suburban sprawl or having the mothers of young children work
outside the home) is the American Way because it