"Capitalism, an economic system driven only, according to its own theory, by the accumulation of profit, is at least as much the enemy of tradition as the NAACP or communism, and those on the “right” who make a fetish of capitalism generally understand this and applaud it. The hostility of capitalism toward tradition is clear enough in its reduction of all social issues to economic ones. Moreover, like communism, capitalism is based on an essential egalitarianism that refuses to distinguish between one consumer’s dollar and another. The reductionism and egalitarianism inherent in capitalism explains its destructive impact on social institutions. On the issue of immigration, capitalism is notorious for demanding cheap labor to undercut the cost of native workers. But it is not only in America that it has done so."
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