CAL THOMAS COMMENTARY SEPTEMBER 30, 2025
WHAT IS CAPITALISM? IF SOMEONE ASKED YOU TO DEFINE IT, COULD YOU?
AS PART OF ITS OBSERVANCE OF THE UPCOMING 250TH ANNIVERSARY OF AMERICA, THE WALL STREET JOURNAL IS DOING A SERIES OF SECTIONS ON WHAT BUILT AND SUSTAINED AMERICA LONGER THAN ANY OTHER GOVERNMENT IN HISTORY.
ITS FIRST CONTRIBUTION IS ABOUT CAPITALISM AND THE OPPORTUNITY THE ECONOMIC SYSTEM OFFERS PEOPLE WILLING TO WORK, TAKE RISKS AND INVEST WISELY. BUT HERE IS THE PROBLEM. AT LEAST TWO GENERATIONS HAVE NOW BEEN TAUGHT THAT CAPITALISM IS EVIL AND THAT SOCIALISM IS BETTER. NEVER MIND THE HISTORY OF SOCIALISM’S FAILURE, NOT ONLY IN ITSELF, BUT ALSO IN COMMUNISM TO WHICH IT OFTEN LEADS.
THIS IS WHY ZOHRAN MAMDANI HAS SURGED TO THE LEAD IN NEW YORK CITY’S RACE FOR MAYOR. YOUNGER PEOPLE HAVE BEEN TAUGHT TO ENVY THE WEALTHY AND SUCCESSFUL. THEY’VE BEEN TAUGHT THEY DESERVE WHAT OTHERS HAVE MADE, RATHER THAN WORK FOR IT ON THEIR OWN. SOCIALISM ALWAYS SOUNDS APPEALING, UNTIL IT’S TRIED AND THEN IT IS OFTEN TOO LATE.
THIS IS WHY PRIVATE SCHOOLS AND HOME SCHOOLING ARE BETTER THAN GOVERNMENT SCHOOLS. DO YOU WANT TO RAISE SOCIALISTS, OR CAPITALISTS? I’M CAL THOMAS.
