My brother’s economics teacher told a story about his brother who had been studying in England and had to go to the emergency room for a relatively minor (though uncomfortable and necessary) complaint. He waited, as expected, for several hours to be seen. Not so different from any American emergency room. However, while he was there waiting, a man came into the emergency room with a badly broken arm. He clearly needed more immediate treatment than the brother did, but he had to wait just as long. First come, first served. It’s all equal. That system, of course, is socialism and not Marxism per se, but the two are very closely related. Both of them use “equality” as their by-word and guiding principle. But equality is not as beautiful a guiding star as it seems to be. In fact, it’s not really a star at all, just a hard, cold meteorite of a fact.

The fact is that all men were created equal. No one has to make them equal, they already are.

But equality does not create value. And the funny thing about love (this just hit me) is that it raises the loved one from the original starting point of equality to the higher plane. When you are loved, you know that you are noticed, that you are more than just another pebble among all the other identical pebbles. By loving someone, you inherently affirm that someone’s uniqueness. Loving someone raises that someone from a position of equality to a position of worth.

Equality is what we have already; value and honor, love–those are the stars to navigate by.

So here we have the real difference between capitalism and Marxism/socialism: capitalism does one thing and does it well while Marxism/socialism try to do more than one thing and do both very badly.

Capitalism is merely an economic system in which individuals are free to make their own choices. It is only an economic system. It does not try to control the choices that those people make. If it did, it wouldn’t be a free-market system. It always works like it is supposed to–whether the free choices are based on selfishness and greed or on love and honoring others. By “working” I mean that it allows individuals to make their own choices and those choices produce results in a natural way–wise use of wealth begets more wealth. Greedy use of wealth begets more wealth, but only for a time. In fact, when you hear people talking about “the failure of capitalism” they are really talking about the moral failures of individuals and groups that have led to great losses. Capitalism did not fail. As an economic system it worked just fine and did just what it was supposed to do. The people working the capitalism left out the moral ingredients necessary to produce long-lasting success. In an accident you can’t blame the perfectly functioning car for the choices of the drunk driver.

Marxism and socialism are more than economic systems. They are attempts to ensure that people will make the right choices. These systems begin from the position that humans by nature will be greedy and will exploit inequalities for their own gain; therefore these systems try to eliminate human greed and vice by eliminating inequality. To do so, they attempt to control all individual choices–for the greater good. Because no one can legislate love, they fail miserably at righting the evils they claim capitalism allows (which it does because it’s only an economic system, after all). Because inequality makes everyone ride in the boat at the same time, they fail miserably at maintaining the greater good.

You can’t eliminate the individual and still maintain the greater good. Neither can you eliminate economics for the greater good. Owning and managing one’s own stuff is part of living and being able to do good. Those with more stuff have great potential to use that stuff to help other people–just ask the hospitals that each year write off thousands of dollars’ worth of services for those who cannot pay for the care they so desperately need. That benevolent action has nothing to do with equality. It has everything to do with value, with the value they place on helping others.

[Anyone care to poke a hole or two in my boat? 😉 ]

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