Answering Prof. Gavin Kennedy

Gavin Kennedy a professor in Edinburgh, UK publishes a blog entitled, “Adam Smith’s Lost Legacy.”  Recently, he came across the FreeCapitalist.com website and wrote a critique of the article(s) entitled, “Why Capitalism?”  
I am responding to his critique here.  I’ll place Prof. Kennedy’s statements in quotes, and I’ll respond in normal text.  
Professor Kennedy Writes: [...]

Why Capitalism?

Questions about capitalism are appropriately directed to the Project on a regular basis.  While I generally tend to answer these questions privately, a number of questions are asked regularly and repeatedly.  So, while much more could be written on each question, for the sake of urgency, clarity and for addressing the larger audiences that visit [...]