Jay’s Analysis-In Defense of Capitalism
August 16, 2012 Leave a comment
*Note: I misspoke and meant to state that Austrian school investors are bullish* on Asian markets.
In this installment, I deal with an overview of other systems, including Marxism/socialism and its variants, mixed economies, Catholic distributism, and Austrian Economics, as well as analyzing the arguments of collectivist positions in general, laying the groundwork for the biblical basis for capitalism, private property, human action and prosperity. I also look at theology in the history of the West and its relationship to religious systems, focusing primarily on the philosophic basis for market capitalism. I chiefly answer the criticisms of a distributist friend.