Is ‘Capitalism’ or ’Redistribution of Wealth’ the moral approach?

 

My family gets to stay in RI because of CapitalismClick here to read our “Defense of the Free Enterprise System” treatise: a candid discussion about the moral and economic pitfalls of “redistribution” and the virtues of “capitalism”: What is capitalism? Did a failure of capitalism cause the 2008 recession? Are redistributive government policies immoral?

 

Click here to see our “Prosperity Agenda” for Rhode Island: policy recommendations that will start to turn our state around.

 

Capitalism = Human Well-Being

States that have higher “capitalism” ratings – or more freedom for their citizens – normally also have higher “average incomes”.

Studies have shown that:

  • Citizens in high income states live longer, healthier lives
  • Children growing up in high income states are far more likely to graduate high school and college
  • People with higher levels of education report higher income earning potential, higher job satisfaction and higher overall happiness
  • People in low income states suffer from the highest rates of mental illness
  • Families in the highest income states experience lower divorce rates
  • States with higher incomes have lower rates of violent crimes

Godonomics?

Check out these two video clips that provide a very simple explanation of the basic principles of “Capitalism” … with a twist of morality and God:

http://www.youtube.com/watch?v=dkSlm-wiJrs

http://www.youtube.com/watch?v=2siTktmNc6U