Quote of the Day: Blaming Capitalism, Redux

But blaming capitalism for the world’s economic ills is like blaming the guy who invented gunpowder for nuclear holocaust. Sure, you could make an argument that the two are loosely related, but the real blame lies with the system itself– a system which awards perverse power and control to an elite few.

As I’ve often written, future historians will look back on our time with utter incredulity and wonder how we could allow such a system to take over… to allow a tiny handful of men to control the lives and livelihoods of billions of people.

Certainly, injustice in the world is great. There are a lot of people who are suffering, people who have had their lives turned upside down from state-sponsored corporate welfare.

Holding out for the government to fix it, though, is like waiting for a thief to give your stuff back. It’s not going to happen. They’re instrumental in perpetuating the problem.

That’s from the Mr. Simon Black of the sovereignman.com commenting on the fallacies of the Occupy Movement.

My earlier quote of the day on blaming capitalism here.

Let me add that not only governments “perpetuate” the problem, they are THE problem. If “a tiny handful of men to control the lives and livelihoods of billions of people”, then governments represent as instruments of control by the political class in complicity with vested interest groups who profit from political rents or popularly known as “state-sponsored corporate welfare”.

These are the people who disdain the free market, capitalism or economic freedom for the simple reason of aversion to competition, which stems from valid and real concerns of the erosion of their current usufruct privileges, which they enjoy out of government protection and redistribution. Take away government’s aegis, then these parasites will be vanquished.

And their tentacles of venal influence for the public to continue with their servitude extends vastly through the incumbent establishment institutions—media, academia, Wall Street and many others, covering all the aspects of our lives.

So the analogy of “waiting for a thief to give your stuff back” is correct. These politically entrenched groups will fight to preserve their unsustainable privileges until the point of self-destruction. The chickens will come home to roost.