Magazine article Newsweek

The Capitalist Manifesto

Magazine article Newsweek

The Capitalist Manifesto

Article excerpt

Fareed Zakaria reminds us that no economic system is perfect, so we cannot always expect a bump-free ride.

Katherine Mancuso, Incline Village, Nev.

The freeloading lemmings are marching toward the cliff and taking the rest of us with them. We need less government "taking care of us" and more support of private enterprise and capitalism to create wealth and jobs.

Lyle Halstead, Ft. Wayne, Ind.

The capitalist manifesto is quite simple. Make lots of money any way you can, from whomever you can, as fast as you can, while the getting is good.

David G. McGrady, Muskegon, Mich.

It always amazes me when writers purport to enlighten us on capitalism, then ignore the writings of Adam Smith, the author of the real capitalist manifesto, The Wealth of Nations. Smith made a very clear distinction between self-interest and greed. He thought greed to any degree was a threat to capitalism. His ideas are a far cry from what most writers argue, which is that greed is good, that taxes and regulations hurt capitalism and that free markets solve all problems.

Steven Telleen, Livermore, Calif.

The Perils of Punditry

It is regrettable that Evan Thomas felt he had to explain himself for appearing to compare Obama to God on Hardball With Chris Matthews. The other side of the aisle is so upset with Obama's popularity; they forget how they loved their dear Reagan who, despite raising taxes and failing to invest any real political capital in the issues of the right wing, was nonetheless considered the Second Coming. Hopefully, Thomas will continue to speak from the heart and stop worrying about bloggers. …

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