The Flinchum File

Thoughtful Economic Analysis and Existential Opinions
Subscribe to the Flinchum File
View Archives

The Courage To Be Free

There are economic systems, and there are political systems.
Examples of economic systems include capitalism and socialism.
Examples of political systems include democracy and dictatorship.
Of course, there are degrees of each.

The combination of capitalism and democracy is called free enterprise.
The combination of socialism and dictatorship is called communism.
You can have the combination of capitalism and dictatorship, such as today’s China.
You can have the combination of socialism and democracy, such as early Israel.

On July 4th, 1776, we declared our independence from Britain.
Nobody said Happy We’re-Not-Brits Day.
Nobody said Happy Democracy Day.
Nobody said Happy Capitalism Day.

Now, we just wish each other Happy Independence Day.
Then, we look for sale items . . .
Does anybody remember Patrick Henry’s words on March 23, 1775?
“Give me liberty, or give me death!”

He didn’t say “give me capitalism, or give me death.”
Nor “give me free enterprise, or give me death.”
Nor even “give me democracy, or give me death.”
Maybe, he just meant “the Brits gotta go?”