Stephen Downes

This article asserts that dog-eat-dog capitalism is "natural" and complains "each generation somehow produces naïfs who are certain that collectivism is the true longing of the human heart... This is a failure of education, yes. Basic economics is rarely taught in high school or required in college. But it's equally a failure of public relations. Who is making a sustained and coherent public case for American-style capitalism?" If I had to judge based on what's out there, it's crypto scams and casinos. But Matthew Hennessey argues, "Socialism is incompatible with human nature. People are driven to build, to invest, to strive and be productive, to pursue their own families well-being above all. Socialism subverts these impulses." Most WSJ content is hidden behind a paywall; this for some reason isn't, but just in case, here's an archive version. Via Jeff Jarvis.