In which I'm arrogant enough to correct a proper economist:
Capitalism, with its free markets and free choices has, for all its warts, proved more successful, more efficient and more humane. It delivers the goods far better than do socialist economies, and it manages to do so while allowing a far greater range of freedoms. It goes with political freedoms, free media and freedom of association, employment and travel, all of which are denied in socialist countries.Nope. Capitalism and freedom do NOT necessarily go together. Nazi Germany (the second of those two links) was not noted for its "political freedoms, free media and freedom of association, employment and travel" yet it was a mainly capitalist society in which some capitalist businesses prospered mightily.
I'm sorry. There is absolutely no excuse for this sort of distortion, especially in a series entitled "Common Errors".