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Posted inLetters, Opinion

William Whitney Jr.: Capitalism won’t fix world’s greatest problems

The U.S. House of Representatives on Feb. 2 passed a resolution denouncing socialism and the implementation of socialist policies. Rep. Jared Golden voted yes. He thereby signals he’s fine with profit-driven healthcare, would tolerate profiteering from Social Security, and is none too protective of public education. Presumably he’s for capitalism all the way. If so, […]

Posted inOp-Eds, Opinion

Rich Lowry: No, slavery didn’t create capitalism

If slavery was the basis of capitalism, one wonders, why did the capitalist North dare wage a war to destroy the seedbed of its own prosperity? Why didn’t the region that was the great source of capitalism win the war based on its superior economic wherewithal rather than getting ground down by a more financially proficient and productive North? Finally, how did American capitalism survive the end of chattel slavery?