Perhaps the most powerful defense of market capitalism you will ever read

Perhaps the most powerful defense of market capitalism you will ever read - AEI | Pethokoukis Blog » AEIdeas:
"Many humans, in short, are now stunningly better off than their ancestors were in 1800.
… Hear again that last, crucial, astonishing fact, discovered by economic historians over the past few decades.
It is: in the two centuries after 1800 the trade-tested goods and services available to the average person in Sweden or Taiwan rose by a factor of 30 or 100.
Not 100 percent, understand—a mere doubling—but in its highest estimate a factor of 100, nearly 10,000 percent, and at least a factor of 30, or 2,900 percent. 
The Great Enrichment of the past two centuries has dwarfed any of the previous and temporary enrichments.
Explaining it is the central scientific task of economics and economic history, and it matters for any other sort of social science or recent history.
What explains it? 

The causes were not (to pick from the apparently inexhaustible list of materialist factors promoted by this or that economist or economic historian) coal, thrift, transport, high male wages, low female and child wages, surplus value, human capital, geography, railways, institutions, infrastructure, nationalism, the quickening of commerce, the late medieval run-up, Renaissance individualism, the First Divergence, the Black Death, American silver, the original accumulation of capital, piracy, empire, eugenic improvement, the mathematization of celestial mechanics, technical education, or a perfection of property rights.
...letting people make mutually advantageous deals, and even admiring them for doing so, and especially admiring them when Steve-Jobs like they imagine betterments.
The change, the Bourgeois Revaluation, was the coming of a business-respecting civilization, an acceptance of the Bourgeois Deal: “Let me make money in the first act, and by the third act I will make you all rich.”"