Capitalism: The Thing That Works
Despite criticism from some young people and politicians who blame capitalism for societal issues, the article argues that capitalism remains the most effective economic system. It emphasizes that capitalism is voluntary, creates wealth through mutually beneficial transactions, and has historically lifted more people out of poverty than any other system. Innovators like Jeff Bezos and Margaret Rudkin exemplify how individual initiative under capitalism can lead to widespread benefits.
- ▪Young people increasingly blame capitalism for problems like poverty, racism, and climate change.
- ▪Jeff Bezos became wealthy by creating Amazon, which provided consumers with efficient and affordable shopping options.
- ▪Margaret Rudkin, a housewife, founded Pepperidge Farm after developing whole wheat bread for her asthmatic son.
- ▪Capitalism is described as a voluntary system where transactions occur only when both parties benefit.
- ▪Socialism has consistently failed to deliver the same economic improvements as capitalism, according to the article.
Opening excerpt (first ~120 words) tap to expand
Home – Economy News – Capitalism: The Thing That Works opinion Capitalism: The Thing That Works John Stossel • May 16, 2026 Print Jeff Bezos in Cape Canaveral, Florida, on Feb. 2, 2026. (Miguel J. Rodriguez Carrillo / AFP / Getty Images) (function(){var t=document.querySelector(".wp-block-kadence-dynamichtml"),s=document.currentScript.previousElementSibling;if(t&&s){if("prepend"==="before_element")t.parentNode.insertBefore(s,t);else if("prepend"==="after_element")t.parentNode.insertBefore(s,t.nextSibling);else if("prepend"==="prepend"||"prepend"==="inside_first_child")t.insertBefore(s,t.firstChild);else t.appendChild(s);}})(); Young people now blame capitalism for poverty, racism, high prices, even climate change. They listen to people like Rep.
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