
By Selwyn Duke
“The worst crime against working people is a company which fails to make a profit,” wrote labor leader Samuel Gompers. This is also the sentiment with which economist and professor Mark Skousen opened a recent article. In it he urges readers to “share the wealth,” not “redistribute it.” And Skousen discourages the current embrace of democratic socialism, but at the same time touts something else: democratic capitalism.
(Note: A better name is “economic freedom” because the term “capitalism” polls badly. This is no surprise, either: It was originated by socialists to demonize economic freedom, which they aimed to destroy.)
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