On Christian college campuses nationwide, progressive “social justice” arguments have convinced many professors and students that only through government aid, wealth redistribution, increased taxation, and social democracy can we care for the poor worldwide and create opportunity for all.

Yet, the research tells a different story. According to a study by Yale University and the Brookings Institution, extreme poverty around the globe has dropped from 52 percent in 1981 to 15 percent in 2011, chiefly because of “the rise of globalization, the spread of capitalism, and the improving quality of economic governance.” This underscores the fact that free enterprise is the best way to give the most people the best life. This is not just an economic issue. It’s a moral issue. The free market works.

Put your pen to paper in defense of free enterprise by applying for one of our Values & Capitalism (V&C) writing awards today.

Read the article “$5,000 Scholarship Contest for Moral Defenses of Free Market” on valuesandcapitalism.com.