People who keep track of the news a lot often don't realize that Capitalism's Truths never leave the news cycle. It's easy to spot whenever the topic has to do with economic matters, but is less obvious when it comes to issues like crime and the war in Iraq. When it comes to the issue of crime, Capitalism explains a lot: when you increase the cost of crime (this is done by punishing criminals) people commit less of it. When you lessen the cost of crime (this is done by lessening criminal punishment) people commit more of it. Keep that in mind during news coverage of the war on terror; do you want terrorists to commit more or fewer acts of terror? If you want fewer you now know how to make that happen.
Capitalism isn't the reason a coke bottle costs $3 today. Capitalism is the reason a coke bottle cost only 5 cents in the old days. G...