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capitalism and freedom both arise from an egalitarian cultural mindset.

when people believe in the notion of a hierarchy, that some people are better, more deserving, more noble, or more worthy than others, neither capitalism nor freedom can exist for long.

when people believe that all men are equals, that we all have hopes and fears, needs and wants, strengths and weaknesses, authoritarian institutions of all forms will crumble.



Capitalism (in the purist laissez faire sense) functions just fine when people believe that capital is controlled by those who are more deserving (or better at managing it), even if the people controlling the capital happen to be a monarchical dynasty whose inherited land happened to sit on an oil well.

When people start to believe in others' needs and wants you get all the products of an egalitarian mindset allegedly incompatible with capitalism, like taxes and government borrowing.


capitalism "in the purist laissez faire sense" becomes meaningless - you can't have a market without some mechanism of enforcing private contracts and securing property.

believing in others' needs and wants only needs to oppressive governments IF those beliefs come from a place of condescension (i.e. that poor bastard is too dumb to take care of himself, we should try to run his life for him) rather than compassion and understanding (i.e. he doesn't save money because he sees no point in planning for a future he has little hope of enjoying, let's give him the support he needs to function better).

condescension is not egalitarianism.




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