Capitalist Comeback

Our booming economy can still overcome progressive misinformation, propaganda and myth.

RUSH: A fascinating piece by Andy Puzder ran on Fox News last night. His latest book is The Capitalist Comeback: The Trump Boom and the Left’s Plot to Stop It.

A recent Gallup poll found that 43 percent of Americans believe socialism would be a good thing for our country. The good news is that 51 percent said it would be a bad thing.

For those of you that get into arguments with people about capitalism versus socialism, this may be helpful. “In a capitalist economy, the only way you can improve your life is by satisfying the needs of others. That is by providing the products or services that other people want at a price they can afford.

“To be a successful capitalist, you have to shift your focus outward, to the needs and wants of others – your consumers. The only way to succeed is by knowing what your customers want and offering it to them at an affordable price.”

I think this is brilliant because it stands the popular definition of capitalism — selfishness — on its head. You have these birdbrains like Alexandria Ocasio-Cortez and her cohorts who all think capitalism is this bastion of selfishness and greed and nobody shares anything. They say it’s trickle-down, but it doesn’t trickle. Nobody gives anything away in capitalism. It’s mean-spirited and extreme.

And it’s just the exact opposite. Capitalism requires reach-out. Capitalism cannot succeed in any other way. The only way you improve yourself in capitalism is by satisfying the needs of others! Not giving them things, obviously, but providing services and products they want so much that they will pay for them. And then you have to be able to do that at a price that people can afford.

“Capitalism empowers consumers as businesses compete,” for them. Capitalism makes consumers wealthier, it makes consumers stronger, because it features competition. In capitalism, all kinds of people are competing for the dollars, i.e., the support of customers. This results in variations in quality, it results in variations in price, it results in providing the best service or product at a price that people will pay.

It’s kind of like empowering people for their votes, their the support. “In a form of economic democracy, consumers vote with every dollar they spend, determining which businesses succeed and which fail. Henry Ford built cars for commoners, not the nobility. Steve Jobs created iPhones for all of us, not government elites. This is because the success of each business is determined by how well that business meets the needs of the masses – consumers.”

It’s not selfishness and greed. It’s the exact opposite.

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