History is absolutely clear – Capitalism is the best system ever developed (actually evolved by human experiment) to boost living standards. At the same time, Socialism has a seriously lousy record. In the most recent attempt, Venezuela has gone from one of the wealthiest countries in South America, to one of the poorest. In spite of the very clear record of capitalism’s success, many want to “bite the invisible hand” that feeds us. On Tuesday, it appears that New Yorkers – who live arguably at the historic center of American capitalism – will elect an avowed “democratic socialist” as mayor,...