Capitalism's bad rap

Having just read an attack on capitalism on the grounds it is inhuman I have been pondering why it is so detested by the left or even some religious conservatives. They talk of the money changers and how Christ threw them out of the temple. I put it down to their own psychological flaws and shortcomings which they project onto a system that exposes those flaws to the glaring light of reality. Where there is no competition there can be no failure.

This particular writer seems to be against non face to face business transactions but unless we return to a primitve communal communistic barter system of rudimentary exchange on a localised level, a hand to mouth existence with no material luxuries it is unrealistic not to say regressive, atavistic, primitivism of the rankest and desperate kind.

He goes on to say that the attack on the WTC exposed America's weak economic underbelly and revealed the tentative contingent and compromise modern trade system with its precarious foundations. On the contrary the globalised reach of capitalism with its movement of intellectual property is the cornerstone of wealth production and has its greatest expression in America, the cornucopia of capitalism from which this ungrateful mental and moral pygmy resides.

If Conservatives have such an ambivalent if not hostile attitude to capitalism is it any wonder the intellectual barbarians of the left are encroaching on our liberties and freedoms from the academic centres of America, through the media to the hearts and minds of the American people.