"Here's Why I Love 'Greed' and So Should You"

The Wall Street Occupiers have it completely wrong. Human greed, writes Walter Williams, "gets the most wonderful things done."

When I say greed, I am not talking about fraud, theft, dishonesty, lobbying for special privileges from government or other forms of despicable behavior. I'm talking about people trying to get as much as they can for themselves.
Before the rise of capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man.
Capitalism made it possible to become wealthy by serving one's fellow man. Capitalists seek to discover what people want, and then produce it as efficiently as possible [emphasis added].

Ironically, free-market capitalism's enemies are the political tyrants, intellectual elites, and useful idiots who prefer pre-capitalism's "despicable behavior" path to wealth. What they want, concludes Williams, "is congressional permission to share in the booty from looting their fellow man."

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