David Limbaugh: Memo to Capitalists: Be Very Afraid
David Limbaugh: Memo to Capitalists: Be Very Afraid
Lately, MSNBC's Chris Matthews has been on a childish tear, taunting Republicans to admit their belief in the biblical account of the Creation. Someone ought to ask this paragon of smug self-satisfaction why, if he's so brilliant, he unquestioningly echoes the demagogic hyperbole of global warming fanatics hellbent on destroying the economic system responsible for producing unprecedented prosperity in the advanced industrialized world.Oh, yes, it's fashionable to denounce capitalism these days, but the historical record is clear. As Richard C. Bayer documents in his 1999 book, "Capitalism and Christianity," the gross domestic products remained flat in the 1,000-year period from 500-1500 for all now-advanced industrial countries but rose geometrically with the advent of merchant capitalism (1700-1820) and modern capitalism (1820-present).
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