The Bolivian President has enlightened us:

Bolivia’s left-wing president said unbridled industrial development was responsible for the pillaging of natural resources.

Speaking through an interpreter at the UN headquarters in New York, he had this uncompromising message: “If we want to save our planet earth, to save life, to save mankind, we have a duty to put an end to the capitalist system.”

What an absolutely ridiculous and unproductive statement. Has anyone informed President Morales what the end result is in every country on the planet where capitalism DOESN’T exist? Let’s just ignore the fact that the only path OUT of poverty for indigenous civilizations on the planet has always been capitalism. Are we going to pretend that capitalism “doesn’t work” because of industrialists who pillage the environment? At what point is someone going to point out two very critical facts:

1) Capitalism is not–by its definition–synonymous with raping and pillaging of the environment.
2) Bio-fuels are a bad idea NOT because they are “putting cars ahead of people” but because they are inefficient.

I’ve never been a big fan of Ayn Rand . The linked article is a good discussion of her magnum opus, Atlas Shrugged. It talks about how Rand incorrectly portrays true nature of capitalists (even though she is a strong believer in the capitalist way) . I know there are a few on this site of the entrepreneurial ilk….so, what’s your take?

Atlas Shrugged

This whole website looks good. Property rights are good. Government intervention and confiscation of private property is bad. This is an absolute I’m pretty sure I can stick to.

Posted at 02:21 pm by Johnny B

	Posted by Eric @ 05/28/2005 05:08 PM PDT
	Great site - here’s another telling article from that magazine: http://www.capmag.com/article.asp?ID=4233 I welcome comments . . . E

	Posted by JohnnyB @ 05/28/2005 07:51 PM PDT
	Is this the one, the only, Eric H that sold in West Virginia about six or so summers ago? This is one of the articles I had in mind when I sent this link. Grover Norquist recently said, “If Republicans don’t stand up for the principles of smaller government and lower taxes, then the party is simply a place we send our kids to intern”. Something like that. It’s true.