I hate to admit it but on Mike Gallagher’s radio talk show [Mon, Mar 11, 2019] he attacks Alexandria Ocasio-Cortez for indicating capitalism is “irredeemable”, and he goes on to condemn the former Colorado Governor John Hickenlooper for refusing to acknowledge he’s a “capitalist”.
What is inexcusable is, Mike Gallagher takes great pride in labeling and embracing what our founders created as being “capitalism” or a “capitalist” system. But these references were unknown to our founders, and never used by them to identify our system.
In fact “capitalism” was used and popularized by Karl Marx to falsely identify our free market system, and then attack it without appearing to attack freedom itself ___ the inalienable right of people being free to mutually agree in their contracts and associations.
By contrast, our Founder’s often describe our system in a manner promoting a “free” market, “free” trade, and “free” enterprise ___ “free” being the operative word which socialist and communist leaders do not want you to know is what they are attacking when they attack the illusive system they call “capitalism”.
For example see Thomas Jefferson’s : First Annual Message to Congress
”Agriculture, manufactures, commerce, and navigation, the four pillars of our prosperity, are the most thriving when left most free to individual enterprise.”
So, Mike Gallagher, and many other media personalities, including many on Fox News Channel, by adopting Alexandria Ocasio-Cortez’s language which references our system as capitalism, or a capitalist system, and embracing that terminology instead of referencing our system using the prefix “free” as our founders did, they assist Alexandria Cortez and her ilk in concealing what these socialist leaders are really attacking which is attacking mankind’s inalienable right to be free to mutually agree in their contracts and associations.
For more on the distinctions between our system, as intended by our Founders, and “Capitalism”, see: PART TWO: Free Enterprise is Better than Capitalism The following descriptions of “Capitalism” and “Free Enterprise” are noted as follows:
Capitalism (crony capitalism): A system where the law encourages market forces and also gives preference and special benefits to the sector of the economy owned by big capital—including big corporations like in Corporatism, but also wealthy foreign and multinational corporations, and highly influential non-corporate institutions such as rich foundations, moneyed trusts, political parties, well-funded lobbies and special interest groups, affluent non-profit entities, wealthy families, moneyed foreign investors, and others with large amounts of capital. Under this system, the rich rule society, and they naturally influence government to maintain policies that benefit the rich more than others.
Free Enterprise: A system where the law encourages market forces and gives no special preferences; it protects equal rights for all individuals and entities and leaves initiative and enterprise to private individuals, groups, businesses and organizations that are all treated equally and with minimal legislation by the legal code.
The liberty of the people to succeed or fail at their own hand is a socialist leader’s nightmare, and not the American Dream.