misunderstood capitalism leads to a pretext for statism

Unfortunately, -and thanks to neglect and a preponderantly socialist academic establishment, - the concept of capitalism and its benefits are not taught in our schools, and we are now paying the price. The simplistic notion of government bureaucrats inventing and disinterestedly applying beneficent rules for the rest of us to follow is an easy concept to understand, whereas the complex dynamics of capitalism requires more effort, particularly when the capitalism we experience on a daily basis is riddled with self-interested government intervention and regulation, and the messes these interventions cause is blamed by the politician-authors on capitalism and "greedy capitalists".

This widespread misplaced mistrust in and ignorance of capitalism explains to a very large extent the popularity - to the extent that it exists - of Obama's leftist initiatives. They are in alignment with those who believe government bureaucrats, rather than free market competition, are a more trustworthy answer for society's problems.

If the US is to avoid sliding down the slippery slope towards socialism with the inevitable end to the American Dream, we conservatives must take control , not only of the political agenda, but also the academic agenda, and explain to our children the benefits of capitalism.

http://www.americanthinker.com/blog/2010/03/misunderstood_capitalism_leads.html