What is capitalism doing for indigenous minorities? Isn their past treatment a disgrace?
The most terrible oppression of minorities was sponsored and carried out by governments. It was the U.S government that put Indians in reservations. It was the Australian government that oppressed Aborigines. It was the British government that warred on the Maori of New Zealand. Libertarian capitalism with rule of law to protect and enforce property rights is the best means through which restitution can be made for past wrongs. Theft of lands was a property right violation, and where the judicial systems can definitely establish specific claims, compensation can be given. A recent example of race relations in New Zealand (circa 2004) demonstrates how socialism actually robs minorities of their rights. The left-leaning Clarke government had effectively nationalized the foreshore and sea-bed, by stating that no one could own these natural resources. This is a violation of property rights, not only for Maori, but for any one who can establish rightful ownership. Both Maori and others shou
