Justice demands that people are compensated on the basis of performance, not on the basis of their need or of the egalitarian ideal dominant in today’s culture.
Author Archive | Jaana Woiceshyn
As the system consistent with requirements of human survival and flourishing, understanding capitalism is in our self-interest.
It’s the pragmatists—those who reject principled morality—who are naïve.
The Alberta medical regulator’s proposal to ban private diagnostic services is based on the evil anti-human-life philosophy of egalitarianism.
“Poetry of work” is worth pursuing. It gives us purpose—and it gives us happiness.
Everyone benefits from privatization and free markets. The only exceptions are people who do not want to be productive and want to live as parasites of others.
Happiness comes from achieving your values: pursuing a career you love, a romantic relationship, perhaps raising a family, or running a successful business.
To make markets free, we must fire the immoral nanny state and restore the only proper role of the government: protection of individual rights.
Politically, the single most important requirement of wealth creation is freedom.
The moral is the practical—that is the reason why you want to be moral.
Instead of humility that the “you are not that good” remark is trying to admonish, an effective business leader needs to embrace the moral principle of pride: the policy of doing one’s best.
Ironically, it is not altruism but the morality of self-interest that makes genuine benevolence and kindness possible.
An MBA student of mine who had just read my book commented: “Those principles you write about make a lot of sense, but at the same time, business is ruthless, and most people do not follow such moral principles. How can you act on principle when others don’t?” My immediate answer was: “What alternative do […]
Marx was wrong: shareholders will benefit, not from the exploitation of workers but from their motivated, productive, fairly-compensated contribution to wealth creation. It is not a win-lose but a win-win; the alleged conflict between shareholders and workers is a myth.
University of Calgary, my employer, recently announced that this year it will require all newly-admitted students to read “No Impact Man,” the New York-based author Colin Beavan’s account of living for a year in Manhattan in an effort to strive for “zero environmental impact.” According to Dru Marshall, provost and vice president at the University […]
It is wrong of governments to interfere with markets, whether through protectionism or other regulations restricting our freedom to trade and compete.
Almost 400 garment workers were crushed to death when shoddily built factory building collapsed in Bangladesh last month. Tragedies like this lead to a lot of finger-pointing in the media, as well as proposals for their prevention in the future. Unfortunately, much of the finger-pointing and the proposals for prevention miss their mark. The most […]
The best way for human beings to survive and flourish is not to be givers or takers but traders.
Apple, the most highly valued technology company and the creator of wonderful products that millions enjoy and use to enhance their productivity, has been accused of not paying enough taxes at a congressional hearing where CEO Tim Cook was grilled yesterday. (See the story here). More specifically, Apple was accused of avoiding $9 billion or […]
RBC and any other company should be free to outsource as much as they want—because it is moral.