Unleash the Mind

by alexvanbuskirk

Unleash the Mind: Capitalism means benevolent creativity

By George Gilder @ National Review (August 13, 2012)

America’s wealth is not an inventory of goods; it is an organic entity, a fragile pulsing fabric of ideas, expectations, loyalties, moral commitments, visions. To vivisect it for redistribution is to kill it. As President Mitterrand’s French technocrats discovered in the 1980s, and President Obama’s quixotic ecocrats are discovering today, government managers of complex systems of wealth soon find they are administering an industrial corpse, a socialized Solyndra.

All riches must finally fall into the gap between thoughts and things. Governed by mind but caught in matter, assets must afford an income stream that is expected to continue. The expectation may shift as swiftly as thought, but things, alas, are all too solid and slow to change. The kaleidoscope of shifting valuations, flashing gains and losses as it is turned in the hands of time, in the grip of “news,” distributes and redistributes the wealth of the world far more quickly and surely than any scheme of the state.

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