16 August 2018

Help us defend popular capitalism


CapX was founded in 2014 to make the case for popular capitalism. And that’s exactly what we’ve spent the last four years doing: sticking up for a system that tends to get a thoroughly bad press – in spite of all the ways in which it has allowed billions of people to live longer, happier and more fulfilling lives.

It was never going to be an easy fight. Unfortunately, it is only getting harder.

It’s difficult to overstate the threat to freedom and prosperity here in Britain, where the Labour Party is controlled by people whose stated aim is the overthrow of capitalism – and received 40 per cent of the popular vote in a general election.

And it isn’t just the Left. Too many on the Right have bought into the zero-sum logic of capitalism’s enemies. Too few are willing to call out the corporatism, cronyism and rent-seeking that are to blame for so many of our problems.

We have many disadvantages in this contest. Pessimism sells, profit remains a dirty word and the reasons why the Thatcher and Reagan revolutions were so necessary are fading from memory.

But we have one big advantage: the overwhelming weight of the evidence is on our side. History supports what we know to be true: that free markets, free people and strong institutions are what drive human flourishing.

CapX isn’t going anywhere. In fact, our presence is only growing. We want to make that case for popular capitalism more loudly and persuasively than ever before

That’s where you come in.

For CapX to succeed, it is essential that our site is available to as large an audience as possible. That’s why we don’t want to hide CapX behind a paywall. It’s also why we need the support of those loyal and sympathetic readers who can afford to help.

If you value the work we do, you can now help us financially.

It takes less than a minute to donate and you can give as much or as little as you want. It could be £5 or £5,000, a one-off contribution or monthly donation. It will all go towards making the case for capitalism, at what is a pivotal moment in the battle of ideas.

So please – join us.

Oliver Wiseman is Editor of CapX.