The Sophistries of Capitalism By Robert Locke FrontPageMagazine.com | January 8, 2002 CAPITALISM IS GOOD; this much we know. But there are a number of sophistries being sold to the public under the label of capitalism that deserve exposure. "If you believe in capitalism, then you must believe in X, and any criticism of X is socialistic," goes the tacit and sometimes not so tacit argument. But in fact, all these ideas are wrong. The first sophistry that we should just get out of the way is the idea that America is a "capitalist" country in an ideologically pure sense....