A Rising Tide Lifts All Boats

Bay of Fundy, tide out

I find myself espousing a form of capitalism that doesn't seem to exist -- one based in fairness and driven by merit.

I have trouble with the naked "liberty" espoused laissez-faire capitalists. I believe a society is better served by legislation and regulation that serves the common good (e.g., a minimum wage that is a sustainable, above poverty wage, strong consumer protections, world-class public education, and a public safety net).

I am from the "rising tide lifts all boats" view of capitalism. A society has the potential to do great things with abundant wealth. I am too much of an idealist to ever abandon that ideal.

Bertrand Russell captures the essence capitalism that serves the few:

"Advocates of capitalism are very apt to appeal to the sacred principles of liberty, which are embodied in one maxim: The fortunate must not be restrained in the exercise of tyranny over the unfortunate." ― Bertrand Russell

The tide is out. The boats are beached.