Every day, businesses make the world a better place to live, profitably, by creating and trading material values, by mutual consent and for mutual benefit. It’s time we’d recognize it and appreciate business people for what they do. Such a cultural change would, in time, create business heroes also in Hollywood movies and spiritual fuel for all of us.
An important aspect of the freedom to exercise reason is the freedom of speech: the liberty to express opinions and to persuade others, whether to advertise one’s products, to raise capital, to contract suppliers, or to recruit employees. Taking this freedom away also severely undermines companies’ ability to create material values.
Is the premise that catastrophic man-made climate change is happening and that corporations, particularly those involved in producing fossil fuels, are largely culpable, valid?
British companies can even outperform those outside of the EU—if the British government does not compromise on the principle of liberty. That is the big ‘if.’ But the Brexit has opened up a huge opportunity for a freer, more prosperous Britain.
To the delight of everyone who cares about freedom and human well-being, Exxon did not surrender to Healey’s irrational demand. Instead, it sued AG Healey in a Texas court last week, for violating its constitutional right for free speech
Business is for producing and trading material values, driven by the profit motive.
While it is too late to prevent the damage in Fort McMurray now, the solution to minimizing losses from fires in the future is to sell the government forests and let private owners manage them for long-term profitability—by protecting their own property and respecting the property rights of others (through good property management to reduce the fire hazard).
Individual rights include the freedom to use whichever sources of energy people and businesses want, as long as they don’t violate others’ rights.