"But most agree on this: Capitalism works, but it is insufficiently moral."
NONSENSE.
But even if so capitalism is certainly more moral than big government socialism.
Taking from those who produce at the point of a gun to give to the nonproductive is patently immoral.
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The author is really talking about politics, not economics. He is just is too stupid to understand the difference.
So long as someone is willing to pay, there will always be someone willing to collect... (Sir Francis Dashwood)
"There's a sucker born every minute." (P.T. Barnum)
Morality is rooted entirely in the presupposition some higher power defines what is correct for human behavior. (Sir Francis Dashwood)