FrontPageMagazine.com | Barry Loberfeld | Aug. 13, 2008
For defenders of the Constitution, the free market, and individual liberty, no single issue has thus far proved more defeating – on both the intellectual and electoral battlefields – than that of poverty. It has handed one unearned (and by no means inevitable) victory after another to the unconstitutional statism of collectivist liberals.
The conquest of poverty (to borrow the title of Henry Hazlitt’s classic) requires just two weapons: wealth and compassion. So the only real question is: Who can better provide these – civil society (“the market”) or the political state?
The answer as it regards wealth has now been settled: “[C]apitalism has won,” conceded left-aligned economic historian Robert Heilbroner in 1989. “Socialism,” conversely, “has been a great tragedy this century.” [Read more…]