Businesspeople who produce material values are not the same as crooks who prey on gullible investors or customers or both, and produce nothing.
Preferring American-made products to those made in China or Mexico just because they were made in America, does not enhance American prosperity.
Fonda’s attack on the oil sands is inconsequential; Trudeau’s is evil.
iPhones would never have been created in a centrally planned economy where the government regulates the prices, from CEO pay to those of products.
While often criticizing government for curtailing our freedom instead of protecting it and businesspeople (or others) for failing to act ethically, I want to focus on the positive in my last post of the year.
The environmentalist and other activist leaders concentrate on reversing human progress and diminishing human well-being as much as possible.
Truly free trade can only take place in free markets, not in the prevailing mixed economies where governments pick favored trading partners
Clear moral principles, such as honesty, make the right—the self-interested, win-win—course of action so much easier.
Protectionism is not a recipe for prosperity—free trade is.
CSR also sneaks in the ideal of altruism, the duty to serve others “to further some social good, beyond the interests of the firm.”