Capitalism provides for the well being and prosperity of all citizens because:
1. It is a moral system
2. It protects the right of the individual to engage in mutually beneficial transactions with other individuals. No coercion is necessary when people are free.
3. It can create staggering wealth for individuals, reduces costs and provides for technological advancement of all people.
4. It is a true egalitarian meritocracy, where all may rise no matter their beginning to whatever level they desire or are capable of achieving.
Why is this important?
Since capitalism is the only successful mechanism for creating wealth and raising people out of poverty, laissez faire capitalism should be adopted as the economic model for the United States of America.
