Baldwin, at Zuccotti Park, defends capitalism

According to CNS News, Alec Baldwin, mingling with the Zuccotti Park protesters, said the following:

“I think capitalism is worthwhile…. You have to have capital markets in this country…. You cannot not have strong capital markets in this country or the country is going to go down the tubes. I think most people want change in this country but they don’t want the country to go down the tubes. They don’t want the country to become England.”

Baldwin then gave the example of Apple computer founder Steve Jobs, who studied the large IBM computers and decided to work on making a computer much smaller and that would fit on a person’s lap.

“I think that’s important,” said Baldwin. “I think capitalism is worthwhile. And capitalism demands the flow of money. So, I think we need to have that…. I do not want capital markets dismantled.”

The story does not say how the protesters reacted to Baldwin’s apologia for capitalism.

- end of initial entry -

October 20

Timothy A. writes:

Alec Baldwin is a paid spokesman for Capital One bank, so it makes sense that he would be defending capitalism. My question is whether it was a Capital One publicist who suggested he take his lefty cred to Zuccotti Park and explain the facts of life to the protesters or whether it was his initiative. Either way, he is earning his pay. Good for him.

Posted by Lawrence Auster at October 19, 2011 08:15 PM | Send