Counseling Capitalism

“That invidious word, ‘capitalism,’” Irving Kristol reminds us, “was invented by European socialists about a half-century” after the publication of Adam Smith’s Wealth of Nations. Although the term is now lovingly embraced by proponents of free enterprise, it has never ceased to carry negative connotations, even to souls disinclined towards socialism. Kristol recognizes that, inContinue reading “Counseling Capitalism”