The Daniels College of Business, where I am currently earning my MBA, is named for Bill Daniels, who made billions of dollars in cable. He was very concerned with ethics and the teaching of business ethics, and has left virtually all of his money to the school and to his foundation. This is not, as near as I can tell, terribly unusual for men of great wealth.

Monday night, in our Career, Communication, and Leadership class, we'll be hearing a panel discussion about Bill Daniels named "Capitalist With a Conscience." What on God's Green Earth is that supposed to mean?

Capitalism is the only economic system that produces enough wealth to both feed and defend its people. If socialists had a conscience, they wouldn't be free riding right now on our military. Communists, by definition, have no conscience.

I know we're concerned with ethics, but that's different from assuming that there's something about being in business that needs to be defended. I don't want to read too much into this, but in ethics class, I also got the sense that the school believes that Business has something to apologize for.

As far as I can see, whoever named this thing is the one who needs to apologize.