Les’ Letters to my Grandchildren 006
Letter # 6: Capitalism versus Free Enterprise
From Grandpa Leslie Briggs Wilson January 16, 2012
Dear Grandchildren,
The news media can no longer distinguish Left from Right because they are confused about the differences between capitalism and free enterprise. They use these words as if they are synonymous. They are not.
Free enterprise is almost always GOOD. Capitalism can be good or BAD depending on the conduct of the managing capitalist.
We should judge each example of capitalism based on the integrity of the individuals managing the capitalistic enterprise.
Monopolies are capitalistic but they have eliminated free enterprise.
Capitalists who destroy an enterprise in order to loot the capital are the enemies of free enterprise.
Capitalists who bribe politicians to gain an advantage over their competitors are the enemies of free enterprise. They loot your country’s treasury. They put you under the weight of future taxes. They steal your freedom. They are destroying your country.
Too many campaign contributions are bribes. Our government is corrupted by our election process.
Huge money is used to win power over our lives.
We are loosing our freedom because rich Democrat and rich Republican donors fight every two years for control of our government.
On the right Republicans want to control our lives by capitalistic means.
What we want is our freedom. We don't want left wing or right wing robber barons to own our government.
The words right and left have been twisted so many ways they no longer have coherent meaning.
Is left communism and right Nazism?
Or is left socialism and right capitalism?
Or is left big government and right big business?
Or is left pro-abortion and right pro-life?
Or is left tyranny of all kinds and right individual freedom?
Do the politicians and the news media know their left from their right?
I don’t think so.
Don’t let the word twisters twist your mind.
Grandchildren, you are soon going to have to manage this Republic. You need to be able to sort out the truth about the world you live in.
When in doubt, read your Bible.
Love and Prayers
Grandpa Les
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