WSJ’s Charles Murray writes: Mitt Romney's résumé at Bain
should be a slam dunk. He has been a successful capitalist, and capitalism is
the best thing that has ever happened to the material condition of the human
race. From the dawn of history until the 18th century, every society in the
world was impoverished, with only the thinnest film of wealth on top. Then came
capitalism and the Industrial Revolution. Everywhere that capitalism
subsequently took hold, national wealth began to increase and poverty began to
fall. Everywhere that capitalism didn't take hold, people remained
impoverished. Everywhere that capitalism has been rejected since then, poverty
has increased.
Capitalism has lifted the world out of poverty because it
gives people a chance to get rich by creating value and reaping the rewards.
Who better to be president of the greatest of all capitalist nations than a man
who got rich by being a brilliant capitalist?
Yet it hasn't worked out that way for Mr. Romney.
"Capitalist" has become an accusation. The creative destruction that
is at the heart of a growing economy is now seen as evil. Americans
increasingly appear to accept the mind-set that kept the world in poverty for
millennia: If you've gotten rich, it is because you made someone else poorer.
What happened to turn the mood of the country so far from
our historic celebration of economic success…
Read more at http://online.wsj.com/article/SB10000872396390443931404577549223178294822.html?mod=WSJ_hp_mostpop_read
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