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Anti-Capitalistic Myths

You show me a capitalist, I'll show you a bloodsucker.

--Malcom X

Anti-Capitalism Myths Demolished! Myth: Children are exploited under Capitalism

One common objection to personal liberty and it's economic corollary, a regime of Laissez-faire capitalism, is that there could be no laws prohibiting child labour.

The assumption is that child labour is such a terrible thing that tolerating it is simply inconceivable. This is, of course, pure nonsense.

Depending on the economic conditions at any given place and/or time child labour can mean the difference between life and death. Laws which prohibit child labour in such a matrix effectively sentence their victims to death.

Myth: Without aggression funded ( ie: government ) schools only the rich would get an education.

According to Louis Rukeyser's Business Almanac, (Copyright 1991,1988), about $377.8 billion dollars was spent for education in America's schools. A few pages later Rukeyser mentions a 1986 study by the U.S. Department of Commerce which "found that some 17 million Americans, or about 13% of adults, were illiterate." Hmmmm.

Back in 1850 the census reported about 20 percent illiteracy amongst adult southern whites, only 3% in the middle states and as low as 1% in New England.

Things haven't changed much have they? In fact, looking at the literacy rates in the north before the states and federal governments got heavily involved in education suggests things have indeed gotten worse! So why is the government still playing such a large role in education?

Do we really need government schools?

Child Labor and the Industrial Revolution

by Clark Nardinelli

takes another look at child labour during the industrial revolution and concludes that it was not the scourge that the myth would have us believe.

Hardcover/Published by Indiana Univ Pr/Publication date: September 1990  

Would rich kids be the only ones getting an education if school and state were separated?

Find some answers in:

Education and the State ;E.G. West; Hardcover

Education and the State : A Study in Political Economy ; E. G. West; Paperback

Education and the State : A Study in Political Economy ; E.G. West; Hardcover

Still think we need socialized education? Then read

Separating School & State : How to Liberate America's Families ; Sheldon Richman; Hardcover

Separating School & State : How to Liberate America's Families ; Sheldon Richman; Paperback

 
Myth: Laissez-faire capitalism in the Nineteenth century led to the domination of the U.S. economy by a bunch of ruthless and greedy Robber Barons.

Burton W. Folsom disagrees.

The Myth of the Robber Barons ; Burton W. Folsom; Hardcover

Also by Burton W. Folsom:

Entrepreneurs Vs. the State ; Burton W. Folsom; Hardcover

The Spirit of Freedom : Essays in American History ; Burton W. Jr. Folsom; Paperback

last modified:Monday,June 9, 2008 at 04:21

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Frederic Bastiat

"The state is that fictitious entity by which everyone attempts to live at the expense of everyone else."


Milton Friedman

"Freedom in economic arrangements is itself a component of freedom broadly understood, so economic freedom is an end in itself.... Economic freedom is also an indespensable means toward the achievement of political freedom."


Ayn Rand

"Any alleged right of one person which necessitates the violation of the rights of another is not, and can never be a right.” ."


H.L. Mencken

The theory behind representative government is that superior men--or at all events, men not inferior to the average in ability and integrity--are chosen to manage the public business, and that they carry on this work with reasonable intelligence and honesty. There is little support for that theory in the known facts...


Ludwig von Mises

"The worst evils which mankind has ever had to endure were inflicted by bad governments. The state can be and has often been in the course of history the main source of mischief and disaster."


Robert Green Ingersoll

"Without Liberty, the brain is a dungeon."


Oliver W. Holmes

"The very aim and end of our institutions is just this: that we may think what we like and say what we think."

from 21st Century Dictionary of Quotations.


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