Capitalism raises living standards (letter)by Greg ByrneNews Weekly
, March 18, 2006
Judging by Peter Westmore's editorial, "Tide turns on global capitalism", (February 18, 2006), News Weekly
is one of the most anti-capitalist publications in the country.
I suppose when Peter jumps out of the swimming pool he thinks this is a good time to do over those nasty free-market advocates again. So he goes on his broadband Internet and gets a bit of info, scribbles down a few notes before turning on his plasma to watch the cricket.
So then he starts typing his article on his computer. Meanwhile, his dinner is in the microwave and, just as he finishes his article, he's ready to eat. After that he puts his dishes into the dishwasher and goes back to his plasma and watches a DVD movie.
From the Battle of Waterloo till the end of Queen Victoria's reign, life expectancy in Britain rose from about 25 to over 50 years. Infant mortality dropped dramatically and living standards rose to unprecedented heights.
That is the free market at work, Peter. That is capitalism.Greg Byrne,
Peter Westmore was away interstate at the time News Weekly
was going to press; but, as far as News Weekly
's staff can ascertain, he does not have a swimming pool, plasma screen or broadband Internet access at home.