Moral sys­tem

Houston Chronicle - - FROM THE COVER -

Re­gard­ing “Harris County Demo­cratic So­cial­ist is ready to get to work” (Erica Grieder, Dec. 5): Newly elected Judge Franklin Bynum de­clares se­ri­ously that he would like to end cap­i­tal­ism. What is his opin­ion of the cap­i­tal­ism whose taxed prof­its will pay his salary? Any­one op­posed to cap­i­tal­ism is a vic­tim of dis­grace­fully calami­tous mis-ed­u­ca­tion.

Cap­i­tal­ism — pro­duc­tive achieve­ment and trade, all par­ties par­tic­i­pat­ing vol­un­tar­ily and go­ing away happy — is our sole, soli­tary moral eco­nomic sys­tem, the only mech­a­nism that prop­a­gates abun­dance and has el­e­vated mul­ti­tudes out of poverty. All other sys­tem yield scarcity and rely on force to lesser or greater ex­tent, con­fis­cat­ing and re­dis­tribut­ing the fruits of pro­duc­tion.

It has been ac­cu­rately ob­served that so­cial­ists are right­fully ap­palled at slav­ery, but they have no prob­lem what­ever with the con­cept of slav­ery — that be­ing the forcible use of one per­son’s la­bor to ben­e­fit an­other. J. Reynolds, Hous­ton

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