The Founders placed the moral qualities required for successful commerce at the center of its social life. In this sense the US could be called a “commercial republic.”
The prospering that comes through free commerce was made to be more central to the purposes of the state than in any other form of civic order. Commerce enhances the cooperative spirit since much that must be done in business cannot be done by one alone. It increases attention to law. It singles out self-determination of the individual as the main source of social energy. It places limits on the state. It incites imagination and industriousness. It disciplines all to common sense. It teaches respect for small savings and small gains. It requires many of those virtues at which religion aims-loyalty, trust, hard work, promptness, meticulousness, honesty, stability, vision, hope, etc. It is proportioned to man as he is, not as dreams would have him.
Remove the centrality of the marketplace and the essential arena for the development of virtue evaporates. Additionally, greater freedom is enhanced because the work of producing wealth increases choices and opportunities. Deny people the marketplace and you deny them the truly virtuous life.
The statements above are rephrasing of Michale Novak from The Spirit of Democratic Capitalism.
They make clear that one of the reasons why our current level of unemployment and our subsidy of life without work through the welfare state is so damaging.