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In a wonderful article at the Slate.com titled ‘Don’t Fear Starbucks – Why the Franchise Actually Helps Mom and Pop Coffeehouses’, Taylor Clark, a writer from Portland, Oregon, debunks the anti-capitalists mantra that successful free-market stories such as Starbucks and WalMart hurt small businesses and local communities.

In yet another example of conventional wisdom being just that . . . conventional . . . Mr. Clark points-out that as, “strange as it sounds, the best way to boost sales at your independently owned coffeehouse may just be to have Starbucks move in next-door.

Check-out this article, and let me know what you think.

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Capitalism is the only social system that exists, or has ever existed, based upon this moral proposition.

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