I recently sent this to Brian Strow, the professor in charge of the new BB&T sponsored Center for the Study of Capitalism at Western Kentucky University:
I was thrilled to hear that BB&T is sponsoring WKU for a center to study capitalism. I'm a firm believer that capitalism is the most effective and only moral economic system because of it's regard for individual rights and condemnation of government interference. I'm very interested in helping out the center, and I hope you will let me know if there is ever a need for volunteers.In the future, I would suggest inviting a speaker from the Ayn Rand Institute. I attended the debate on capitalism last semester and was disappointed by the pro-capitalism debaters. I don't think either one made a complete argument for the moral foundations of capitalism or effectively explained why those principles are so fundamental to capitalism's success. And I was dismayed at their inability to refute even the most inane questions. It just wasn't a true defense. I've heard lectures by many speakers from ARI, and I think students (especially business majors) could benefit from their pointed and specific arguments for capitalism. John Allison himself works closely with the Ayn Rand Institute. Some suggestions are:
- "Capitalism: The Only Moral Social System" by Craig Biddle
- "Capitalism Without Guilt: The Moral Case for Freedom" by Dr. Yaron Brook
- "In Defense of Oil: Celebrating Oil's 150th Birthday" by Alex Epstein
- "The Monopoly Myth: The Case of Standard Oil" by Alex Epstein
- “The Great Depression: Why It Happened and How the Scapegoating of Capitalism Still Burdens Us Today” by Richard Salsman
- “The Morality of Capitalism” by Dr. Eric Daniels
- “In Defense of Financial Markets” by Dr. Yaron Brook
I think organizing an open lecture with any one of these speakers would be an excellent way to promote rational discussion about capitalism, generate more knowledge about the center, and to present a clear cut defense of individual freedom in markets I think this campus has yet to see. I would be more than happy to help coordinate an event if a speaker were requested.Looking forward to the center's future,Miranda Barzey
Hopefully he takes me up on the suggestion!
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Ayn Rand expressed views of people and how they function, both as herd members and individuals, showing a preference for individual freedom. America was founded on individual freedom, simply because there was no other choice at the time to follow the Old World herd model. Our Founding Fathers gave us a definition of what Americans created, then a system to keep it going. We had three constitutions to define the limits of the national system, as we kept our individual governance close, starting between the ears and in the heart up to the County level that was supposed to be no further than a days horseback ride. In the 21st century, our elected representatives took an Oath to keep what was established, yet turned on it immediately and trashed it in order to reintroduce the Old World system rejected almost 400 years ago, by force just over 200 ears ago. They moved government away from the individual to a distant city and founded it as the center of organized crime, as if it were just an extension of Haiti. Then, they picked our pockets and destroyed our economy. Claysamerica.com
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