Ayn Rand laid it all out perfectly in Capitalism - The Unknown Ideal. A book which it appears not one GOP legislator in a hundred has ever bothered to read...
Capitalism without Nationalism = suicide.
Sometimes leftists will say capitalism is immoral, because they say how Jesus said to help the poor. And they say the poor are poor due to capitalism leaving them behind.
But they don’t see that their preferred system of socialism makes all of us poor and leaves all of us behind.
A good example is the Pilgrims; first year it was communal communism and failed; when they went independent they succeeded.
What made the United States so successful compared to the rest of the world, is the synergistic effect of Christianity combined with Capitalism.
The UNSEEN HAND exits whether we like it or not.
People respond to incentives, even if it is to join the Communist Party in order to buy a car or to have more children out of wedlock in order to get more welfare dollars.
Then, once they have stolen it, they run it into the ground.
Capitalism has enabled me to help others in ways that a socialist economy would never have.
The world runs on individuals pursuing their separate interests.
The great achievements of civilization have not come from government bureaus. Einstein didnt construct his theory under order from a bureaucrat. Henry Ford didnt revolutionize the automobile industry that way.
In the only cases in which the masses have escaped from the kind of grinding poverty youre talking about, the only cases in recorded history, are where they have had capitalism and largely free trade.
If you want to know where the masses are worse off, worst off, its exactly in the kinds of societies that depart from that.
So that the record of history is absolutely crystal clear, that there is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by the free-enterprise system.
― Milton Friedman to Phil Donahue
People don’t realize it, but conservative capitalism is perfectly explained to them every time they take a commercial airline flight. The safety announcement clearly states that in the event of an emergency, oxygen masks will drop from the ceiling and you should put your own mask on first before attempting to help others with theirs.
Capitalism allows us to help others after we have secured our own well being, at least temporarily. Long term help for others can be achieved once you accumulate enough capital to set up endowments, or other structures.