The Private Corporation--The Fulfillment of Private Property Rights

These first half-dozen or so posts have been fairly long and weighty, and have consequently led to a fair amount of time between posts to allow me to gather my thoughts and do some pertinent research. I have endeavored to lay out some first principals as to my governing philosophy in the economic and political realm. If anybody has ever seen the movie, Patton, with George C. Scott in the title role, this is the part of my blog that is analogous to the conclusion of the first 5 minutes of the movie where the General concludes his remarks to his troops by saying, "Awright you sunsabitches! Now you know how I feel!"

Indeed, you may be forgiven for thinking that this blog should be named Cambrian Republican instead of Capitalist given the nature of the first few remarks. I did so to underline a point. Capitalism could not exist without the antecedents of the American ecosystem that I outlined in the prior 4 posts:

1. An origin that declared that man's liberty supersedes the power of the state, and that every man's rights be secured through the rule of law regardless of ethnicity, religious affiliation or other parochial associations.
2. The creation of a precedent that instructs humility in public servants and facilitates the peaceful transfer of power from one administration to the other.
3. The written enumeration of the processes and powers invested in the government by which all citizens' liberty and property are secured.
4. When the success that resulted from the first 3 principles becomes self-evident to the peoples of the world, continue to remain true to your first principles by creating institutions that communicate the virtues of individual liberty, the rule of law, and more specifically the enforceability of contracts between parties.

Capitalism could not flourish in the absence of any one of these attributes. We are constantly reminded by history and in contemporary times that whenever any of the four attributes is threatened or removed from a country's ecosystem, capitalism is notably impaired and is immediately observable in the most visible component of a capitalist ecosystem--the private corporation.