Based on meticulous research and backed up with solid facts, Epstein makes the case that fossil fuels—coal, oil, and natural gas—have tremendous positive impact on human life.
Proper protection of individual rights by government and private licensing and certification programs would make us safer (100% safety for fallible and mortal beings is impossible)—no regulations and government inspectors needed.
Benevolence does not require self-sacrifice.
Capitalism, in Ayn Rand’s definition, is “a social system based on the recognition of individual rights (including property rights) in which all property is privately owned.”
People are suspicious of self-interest because for every philosopher who has taught and advocated self-interest, there have been multiples of those who have taught its opposite, altruism.
Cheating means breaking a rule or law; legal tax avoidance merely exploits “regulatory loopholes” without breaking the law and is part of a legitimate profit maximization strategy.
Companies should be free to operate in any way they choose: to develop mining and oil sands operations, to build pipelines or nuclear power plants, to start and operate biotechnology ventures or any others—as long as they do not violate the individual rights of others, including their rights to liberty and property.
Business, the activity of producing and trading goods and services, demands a great deal of moral virtue, and businesspeople are not lowly materialists but moral creators.
Business is moral because our lives and well-being depend on it, and businesspeople are heroes and moral creators who deserve, not our disdain and criticism, but our thanks.
Environmentalists like Naomi Klein are intentionally unclear and misleading about the fossil fuel industry and capitalism, because it serves their purpose of taking away our freedom to live our lives and run our businesses the way we choose.
The prerequisite of acting ethically in business and other realms of life is clear thinking.
By appeasing the protestors, the first moral principles the Sainsbury’s manager conceded was the right to liberty.