Summarize in bullet form the practical virtues of a consistently implemented capitalist system with its foundation in individualism, its respect for and protection of individual rights, and its limited government, as described in this chapter.

  • cronyism vanishes,
  • monopolies are short-lived,
  • political inequality is eliminated,
  • envy is politically impotent,
  • unimagined advances are unleashed,
  • safety nets flourish,
  • the unfortunate and underprivileged are empowered,
  • recessions are few and mild,
  • K–12 education is affordable and of high quality,
  • housing is affordable,
  • few need a college education,
  • inflation is eliminated,
  • the world is peaceful,
  • the impact of natural disasters such as pandemics is reduced,
  • taxes are in the past,
  • infrastructure investments are optimized,
  • immigration is an opportunity, not a threat,
  • the environment gets the real deal, and
  • racism and prejudice are relegated to the fringes of society.

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