Free Markets Are Becoming a Thing of the Past



Stanford University recently dropped a popular pro-capitalism course entitled, “Moral Foundations of Capitalism.”  It depicted free markets in a positive light. The Center on Ethics in Society at Stanford under Professor Rob Reich eliminated the very popular class, simply announcing that they decided to invest their resources elsewhere.

Professor Reich writes from the viewpoint of the extreme left.

One book of essays he helped compile, Occupy the Future, is a sympathetic portrayal of the occupy movement extolling their “enduring ideals of democracy – equality of opportunity, social mobility, equal political voice.” I spent time with the occupiers and they were socialists, communists, democratic socialists, national socialists and similarly disaffected citizens.

Professors like Reich are no longer on the outside looking in – they are becoming the policy makers even though their approach to free markets is doctrinaire.