It is argued that the Left seeks social justice through redistributive social and economic policies, while the Right defends private property and capitalism.

"We weren't just trying to defend capitalism," Mr. Piereson said, but to defend a broader free society "along lines that included religion, history, literature and the arts."

It defended capitalism, but refrained from unreflectively denouncing all forms of regulation.

He regularly ridicules the Occupy movement and stalwartly defends free-market capitalism.

The intellectuals that do defend capitalism have not made a broad enough case.

Morgan vigorously defended American capitalism to protect his own interests.

But if capitalism is to survive, shouldn't the Republican party, the party that defends democratic capitalism, be particularly vehement in denouncing its excesses?

And he's right: defending unbridled capitalism is "a recipe for political disaster."

Those among his students who were active in the 1968 movement, however, saw his American-influenced theories as defending monopolistic capitalism.

In 1938 he published the Programme of the PPF, a document that defended capitalism as well as endorsing corporatism.