The Daily Wire

Members Only Content Get a Reader's Pass

SHAPIRO: 11 Leftist Myths About Economics 

By  Ben Shapiro
A monitor displaying a Bloomberg Television broadcast is seen through the window of the Nasdaq MarketSite in the Times Square neighborhood of New York, U.S., on Thursday, March 19, 2020. New York state Governor Andrew Cuomo on Thursday ordered businesses to keep 75% of their workforce home as the number of coronavirus cases rises rapidly. Photographer: Michael Nagle/Bloomberg via Getty Images
Michael Nagle/Bloomberg via Getty Images

Few Americans have a basic working knowledge of economics. They’ve grown up in a capitalist system, and so they take it for granted. But taking their economic system for granted leaves the door open for demagoguery. Most leftist economic arguments go something like this: The world is unfair. Wouldn’t it be nice if the world were more fair? Give power to government and the world will become more fair.

It isn’t true. Capitalism isn’t merely an efficient way to distribute goods. It is a values statement: that your life and your labor and your property are your own, and that no one has the right to deprive you of those things without due process of law. It just so happens that this values system has also delivered the most prosperous era in the history of humanity, by several orders of magnitude.

Ben Shapiro
Read members only content for just 99¢

You’ll also unlock an ad-free experience and the Daily Wire mobile app and help support the web's best conservative commentary.

Get a Reader's Pass

88 days until election

Don't miss a beat of our coverage.

The Daily Wire
AboutAdvertise With UsBook our SpeakersHelp CenterContact Us
Standards & PoliciesPrivacy PolicyTerms of UseCareersInternships
© Copyright 2020, The Daily Wire