Capitalism taught as 'most just economic system ever'

[Sybil Ludington]

University program counters popular Marxist claims

Professor C. Bradley Thompson of Clemson University works each day to rebut the still-popular teachings of Karl Marx. “America’s cultural elite harbors an anti-capitalist bias” due to Marx’s rhetorical success, Thompson says, but capitalism remains the most just economic system ever devised by man.


Thompson founded the Clemson Institute for the Study of Capitalism to teach undergraduate students the moral and political foundations of capitalism, its importance in maintaining a free society, and how it has improved the lives of billions of people around the globe. CISC offers 40 student scholarships, over 30 classes taught by affiliated professors, and 12 lectures and conferences annually.


Countering the Marxist claim that capitalism produces only self-interest, exploitation, greed, and inequality, CISC teaches that capitalism is in fact the only moral economic system because it correctly views “the individual as the primary unit of moral and political value.”


Based on the idea that “every individual is properly self-owning, self-governing, and self-reliant,” capitalism “recognizes the right and freedom of each individual to pursue happiness as they see fit as long as they don’t violate the rights of others,” Thompson argues. “Laissez-faire capitalism,” he continues, “promotes life-enhancing virtues such as rationality, justice, productivity, honesty, independence, and integrity.” These are necessary virtues for citizens living in a constitutional republic.


continued:
https://www.wnd.com/2021/01/capitali...e67b2f02003c45