Capitalism Magazine

On Dec. 7, 1941, Winston Churchill called President Franklin Delano Roosevelt. “What’s all this about Pearl Harbor?” the prime minister asked. “It’s quite true, they bombed us,” FDR replied. “We’re all in the same boat now.” Today, it’s America and Israel that occupy the same small craft in a storm-tossed sea. Sept. 11, 2001, was […]

In the summer of 1997, a young Israeli art student named Tatiana Susskin drew a caricature portraying the Prophet Mohammed as a pig and tacked up copies of it on Arab storefronts in Hebron. She could hardly have devised a more inflammatory insult. The crude leaflets provoked riots and calls for vengeance, not only in […]

First the good news: The new administration’s officials in the Department of Justice have decided not to murder the Microsoft Corporation and carve up its corpse. Now the bad news: They have chosen the more humane option of slow torture. The Justice Department’s new policy is certainly better — or, to be more accurate, less […]

President Bush showed spirited common sense on environmental policies — before he got elected. “I don’t believe in command and control out of Washington, D.C.,” Bush said during the second presidential debate last fall. “Not all wisdom is in Washington, D.C., on this issue,” the Texas governor reminded eco-know-it-all Al Gore. Bush could use that […]

John McWhorter, linguistics professor at the Berkeley campus of the University of California, has written a compelling essay in the summer 2001 issue of City Journal titled, “Toward a Usable Black History.” Last year, he wrote “Losing the Race: Self-Sabotage in Black America,” arguing there’s a culture of black anti-intellectualism impeding academic excellence, resulting from […]

What inspiring, bullish news. It’s the dawn of a great new era. I can feel my animal spirits rising. That’s right. Didn’t you feel the same way yesterday when you heard that the Department of Justice wouldn’t seek the break-up of Microsoft? Doesn’t it just make you want to go out and buy a flag […]

The predictable media reaction to Gary Condit’s bobbing and weaving has been to say that he should be candid, come clean and “get all this behind you.” It is the kind of advice that they have offered repeatedly over the years to people in trouble, whether Nixon in the 1970s, Clinton in the 1990s, George […]

Previously, I told you that I would offer up my opinion of the one technology company to watch for evidence of a broad recovery in the economy and the markets. Today I make good on that promise. I told you that my choice would surprise you. It’s not an obvious choice like IBM, Dell, Microsoft, […]