Naturally, the New York Times used the anniversary of the fall of the Berlin Wall as an excuse to run a clueless “but capitalism is really bad, too” sort of op-ed.
Cato Institute’s Marian Tupy gives the piece a thorough roasting here.
I’d just add this point. The main reason why lots of Europeans profess not to like capitalism very much is that they only know its extremely distorted cousin, state capitalism. What they call capitalism bears very little resemblance to the real thing.
