Skip to main content

Posts

Showing posts from October, 2018

Move Aside Keynesian Economics: The Merits of Capitalism

On college campuses today, it seems almost second nature to read the Communist Manifesto by Karl Marx in a philosophy class, or sit in an intro political science class and listen to the merits of socialism from professors who try very little to hide their true political beliefs within the classroom. As a college student, there has been little discussion on capitalism, with a few philosophical texts being used from Adam Smith. With this lack of instruction on capitalism, it makes socialism and other forms of economic structures to appear extremely appealing to young students, hungry for knowledge, when it’s the only thing being taught. However, no matter what is said in class, no matter how many students in Che Guevara t-shirts come up trying to convince you that socialism is what the United States should start adopting, capitalism will always be the economic system that works. Capitalism is the only sustainable economic system, and it’s because of this that have allowed for the Uni...