Commentary
In many of today’s popular media, such as films, TV, and literature, capitalism is often maligned. Capitalists, particularly entrepreneurs, are often portrayed as inherently morally compromised and self-aggrandizing scumbags who don’t care about anyone else but themselves.
This negative stereotype is reinforced through numerous movies such as “American Psycho (2000)” and far-left filmmaker Michael Moore’s 2009 documentary “Capitalism: A Love Story.” And who can ever forget Michael Douglas’s performance as Gordon Gekko in 1987’s “Wall Street,” and his crazy “greed is good” speech?
However, this negative sentiment isn’t just coming from Hollywood and the fringe left (which ironically utilizes capitalism at every turn)—even Adam Smith, the 18th-century philosopher, and political economist who is considered the father of capitalism wasn’t too fond of entrepreneurs….