There was a time when the advocates of socialism argued that it would lead man to material abundance, whereas free-market capitalism would lead only to increasing misery and would ultimately collapse under its own internal stresses. You don’t hear that too much these days, and for good reason. A century of empirical evidence has shown the contrary â€” that the free market leads to increasing wealth and material freedom, while socialism leads us only to poverty, state supremacy, and ultimately, mass murder.
These days the attack has shifted. Capitalism does not lead us to poverty; it leads us to too much wealth. This makes us “greedy” and “materialistic.” It leads us to excessive “consumerism.” FULL ARTICLE