Without Question, Capitalism Is Supremely Moral

In a Friday column in The Washington Post, Steven Pearlstein asks, “Is Capitalism Moral?” He observes that a moral front has opened up in the war of capitalism versus statism, and he walks us through what he believes to be the major arguments in the debate. He wants to steer the debate toward his preferred outcome, of course. His setup calls for a wrecking ball, because it does not recognize the fundamental arguments of the pro-capitalist side.