Greed Is Not Good: Paul Ryan on
the Morality of Free Enterprise
BY CHARLOTTE HAYS
When Rep. Paul Ryan, R-Wis., delivered the May 11 commencement address at Benedictine College in Atchison, Kan., the former Republican vice-presidential candidate regarded it as an opportunity to “resell free enterprise” as a system with a moral foundation.
“I find it interesting that we have to sort of go back and resell free enterprise,” Ryan told the Register shortly after the address. He said that the free-enterprise system had done more to help the poor than any other system.
“It’s when government cronyism occurs that the strong exploit the weak. If you have a real free-enterprise system, and the rule of law is applied, and you have natural rights that are protected and equal opportunity, then you have a society that flourishes and people who flourish. So we have to go back and sell the morality of free enterprise.”
In the well-received speech, the House Budget Committee chairman told the college’s graduating class of 405 — the largest in Benedictine College’s history — that the free market “gives people more than a paycheck. It gives them a sense of pride — a sense of purpose.”
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