Peter Thiel has it wrong. We don’t have capitalism but a statist mixed economy where statism is, and has been, the cause of the economic struggles of the Millennials.
Jaana Woiceshyn
Jaana Woiceshyn taught business ethics and competitive strategy for over 30 years at the Haskayne School of Business, University of Calgary, Canada, where she is now an emerita professor.How to Be Profitable and Moral” is her first solo-authored book.
Visit her website at profitableandmoral.com.
Christmas is About Enjoying Values Not Sacrificing Them
Those who feel guilt over material wealth and blame business for commercializing Christmas through ‘greedy’ profit seeking should pause and ask: “What is the standard of value by which we condemn material wealth and business?”
The Hazard of Doing Business with China – and What to Do About It
Moral, profit seeking businesses must be vigilant about the China risk; it is in their self-interest to compete and trade freely and not help authoritarian countries expand their control.
Statism is The Great Political Evil
Why should you care about statism, the increasing government control over your freedom?
Peace Requires Capitalism
As Rand observes, capitalism is the only system that makes peaceful co-existence among people and countries possible.
The Threat of Ever-Increasing Statism
Statism, as Ayn Rand defines it, is the political principle that life of an individual belongs to the state.
“Greenwashing” and the Anatomy of Compromise
As Ayn Rand explains in her short essay The Anatomy of Compromise, compromising rational principles never works.
Celebrating Work
Let’s celebrate the important value of work on Labor Day—and demand that our governments stop killing jobs through their taxes, climate action plans and regulations and let people invest, trade, and work freely.
Profit Over Principle?
Are principles and profits really in conflict?
End Capitalism?
Capitalism can save us (and the planet) – if we let it.
Attack on the Space Titans: Musk, Bezos, and The Ethics of Economic Power
Most successful entrepreneurs become rich, not because of luck or having been handed extraordinary opportunities, but because they have worked productively.
Is Capitalism to Blame For The Poor Health of Many Americans?
The statist mixed economy, not capitalism, is to blame for Americans’ poor health and poor diet.
How Can Profits Be Moral?
Many people have a dim view of profits; they see them as the result of immoral exploitation by business for selfish gain.
The Moral Case Against Tariffs – and for Free Trade
According to Rand, then, tariffs are destructive because they are a form of physical coercion by the government. They violate the citizens’ freedom to choose with whom to trade and on what terms and thus limit their ability to pursue their lives.
Portraying CEOs as Cartoon Villains
It is not the corporate CEOs who deserve to be blamed: statist governments are the real villains.
Why Do Business Leaders Appease Their Enemies?
The fundamental reason for appeasing the critics of business is that company executives lack the moral argument for defense. As Ayn Rand argues in ‘The Sanction of The Victims,’ most business leaders have accepted the moral code of altruism.
More Reason and Freedom in 2025
To use reason to produce, trade and maximize profits, businesses require freedom.
Corporate DEI: Doomed To Fail
Besides abandoning DEI programs, what should companies do then if they want to achieve long-term success?
The Business of the News Media
What should be the purpose of the news media?
Clarity on the Morality of Capitalism
The moral code capitalism rests on is rational egoism, first identified by Aristotle and further developed by others, most extensively by Ayn Rand.
In Defence of Big Business
The failure to distinguish between economic power and political power leads people to believe that large corporations have grown through coercion.
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Jaana Woiceshyn taught business ethics and competitive strategy for over 30 years at the Haskayne School of Business, University of Calgary, Canada, where she is now an emerita professor.How to Be Profitable and Moral” is her first solo-authored book.
Visit her website at profitableandmoral.com.
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