Goes off in praise of capitalism.
But, at the risk of being thought one horn short of a helmet, can I beg to differ? You can no more immolate capitalism than you can pronounce the last rites over the lifeless corpse of laughter. Capitalism, like laughter, is the expression of an ineradicable human instinct.
My belief in capitalism\’s durability is based not on any particular understanding of economics, no long immersion in Ricardo, von Mises or Friedman. It is based on my bewilderment in the face of mobile phone charms.
Sadly, everything he praises is a feature of markets, not capitalism.
When even the Tories are unaware of the differences between the two we\’ve got problems, haven\’t we?