Heroes of Capitalism

The so-called “Gilded Age” of “Robber Barrons” is better named as the Inventive Period of Capitalism.

The American Revolution remains unique in human history: a revolution–and a nation–founded on a moral principle, the principle of individual rights.

There is no better example of how one can balance America’s strivings and failures than that provided by the great abolitionist Frederick Douglass in his famous July 5, 1852, speech, “What to the Slave is the Fourth of July?”

Patriotism is more than a sentiment. It is a necessity. To keep what history has presented to us, Americans must either love it or lose it. Balkanize America and you risk becoming the Balkans.

American and European intellectuals had been comparing the merits of a hypothetical world based on equality, reason and nature to the world in which they lived — based on habit, custom and superstition. The American Revolution tested their theories in the real world.

With the capacity to print forever, the US could fund its empire, fund its welfare state, fund its gigantic budget, fund its military, and all without bothering with actually doing much of anything beyond sitting behind screens.