Craig Biddle on Capitalism: The Only Moral Social System

Hello All,

Craig Biddle is the editor of The Objective Standard and the author of Loving Life: The Morality of Self Interest and the Facts that Support It. He will be presenting the talk on Capitalism on

October 23, Thursday
100 Herring Hall
7:30 pm

Summary
Capitalism is widely recognized as the practical social system because, wherever and to the extent that it is implemented, it leads to wealth and prosperity. But this same system is widely regarded as immoral because it enables people to act fully in their own self-interest—that is, to act on their own judgment and to keep, use, and dispose of the product of their own effort. More recently, many politicians and commentators would have you believe that capitalism is neither practical nor moral in light of the recent financial crisis. In fact, it is a return to capitalism that will lead to a healthy economy and prosperity. This talk demonstrates why, far from making capitalism immoral, the fact that it enables everyone to act selfishly and own property is what makes it not only the most practical but also the only moral social system ever devised.

See you all there!

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