Barack Obama’s paternalism or Donald Trump’s nationalism?
What a real advocate of Capitalism might say if he was offering himself for political office.
According to the critics of capitalism, competition is a cruel process feeding unnecessary wants, that evolves into anti-competitive monopolies acting contrary to the “public interest.”
It is capitalism and the competitive market process that generates solutions to the knowledge problems of the society, including the “informational asymmetry” that naturally follows from any developed social system of division of labor.
Harmful monopolies are always created by government.
Those who speak about being on the “right side of history” have, knowingly or not, adopted a central element in Karl Marx’s analysis of capitalism
One of the most common phrases to be heard from those on “the left” is the assertion that someone or some public policy is or is not on “the right side of history.”
Why are businesses not gearing up for the post-carbon economy?
Professor Adam Mossoff on patents and property rights.
It is time to take the Christ out of Christmas, and turn the holiday into a guiltlessly egoistic, pro-reason, this-worldly, commercial celebration.
Those who feel guilt over material wealth and blame business for commercializing Christmas through ‘greedy’ profit seeking should pause and ask: “What is the standard of value by which we condemn material wealth and business?”
Those producing and trading goods and services for profit are not taking anything away from others—the producers and traders are creating material values that would not exist without their productivity.
Collectivists believe that individuals have value and identity only as members of a group, whether a tribe, a member of a political movement, a race. Therefore, collectivists hold, we should judge people as members of a group, not as individual human beings based on their own character or conduct.
Ayn Rand described Thanksgiving as “a typically American holiday . . . its essential, secular meaning is a celebration of successful production. It is a producers’ holiday. The lavish meal is a symbol of the fact that abundant consumption is the result and reward of production.”
Thanksgiving celebrates man’s ability to produce.
In the wilderness of the New World, the Plymouth Pilgrims had progressed from the false dream of communism to the sound realism of capitalism.
Insinuating that he thinks gays deserve to die and stating clearly and explicitly that he aims to enact a religious government disqualify Moore from political office.
The essential moral case for finance that Brook and Watkins present is that finance is good by the standard of human flourishing.
Any element of self-sacrifice in war is a betrayal of our soldiers and the American freedom they fight for.
The free enterprise, or capitalist, system has done more to improve the material condition of humanity than any other economic arrangement of human cooperation in all of recorded history.
“Capitalism is an economic system based on the principle of every individual’s right to his own life, his own liberty and his own honestly acquired property. This private property includes his own mind and body, and the physical products that his mental and physical efforts have produced.”
Historically “liberalism” originally meant, and continues to mean for some, individual freedom, private property, free enterprise and impartial rule of law under constitutionally limited government.
Thinking on the job, and in every other aspect of life, is a virtue necessary for human flourishing.
As Ayn Rand explains, the only proper role of government is to protect citizens against the initiation of physical force and fraud, through the police, the armed services, and the courts.
Government cannot create jobs because it does not produce anything.
So how to deal with a workplace bully? The only effective way to do so is to apply appropriate moral principles: rationality, integrity and justice.
Governments and ideological movements, Rougier explained, wrap themselves in “mystiques” that serve as the rationales for claims to an ethical and legal right to rule.