Letters to the Editor

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WEALTH: Capitalism requires participation

Letter by Chris A. Talbert, Tacoma on Nov. 18, 2011 at 11:34 am | 261 Comments »
November 18, 2011 11:57 am

Don’t resent the rich, join them.

The beauty of capitalism, as practiced in the United States, is that it is open to all. The American experience is replete with hard-luck success stories, the downtrodden rising to great heights on little more than perseverance and hard work.

But there’s the rub. Those who are squatting in public places throughout the nation are not interested in hard work or its rewards. What they want is no less than state enforced wealth redistribution. They should look at the ruins of the Soviet Union, or the human-rights of those in Venezuela or Cuba.

What we have is a generation that has confused “rights” with “entitlement.” You may have the right to own a gun, but the state is not required to buy that gun for you. If your student loans are crippling, it’s your signature at the bottom of that loan. If you envy the wealth of the top one percent, then compete against them and be that wealthy altruist you so vociferously call for today.

The top 15 percent pay 85 percent of the taxes in this country, and I’m not sure how much more blood we can get from that stone. Before we dump on capitalism and wealth, take the ear-buds out and look at your i-phone: it is a prime example of profit-driven ingenuity and could not be produced under any other system than capitalism.

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