Thanksgiving is my favorite holiday, a uniquely American time to remember the blessings that our nation enjoys. We solemnly but happily reflect on what made us strong and resolve to continue works conceived and defined by the people who found and built our country. We are so fortunate that they crafted a social and economic system based on freedoms to allow this country to prosper and become a world model. Thanksgiving is a time to ponder blessings and issues described in "Wealth, Poverty, & Human Destiny," a collection of essays edited by Doug Bandow and David Schindler, addressing what capitalism means for mankind.
Our capitalist system blossomed during the 20th century, an age of politics and reigning statism. During the period of industrial growth, it is often noted that, while capitalist markets are efficient, they are "unjust," they harbor a "spiritual sterility" inured to material inequality among people that commands charity and appropriate policy response. When expressing thanks for blessings, it is necessary to recognize the role for charity to others and to seize initiatives for correcting inequities. We must remember that this is a personal and private responsibility, that governments must not be allowed to intercede or to redistribute income or wealth, inhibiting creation of these blessings.