The moral code capitalism rests on is rational egoism, first identified by Aristotle and further developed by others, most extensively by Ayn Rand.
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.
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.
Free Markets Help Workers Flourish
The fundamental principle that we need to recognize to help all workers flourish, ignored by most labor unions and governments alike, is freedom.
Antitrust Laws are Unjust and Destructive
As Ayn Rand explains, the antitrust laws are based on confusing two types of power: economic power (sometimes called “market power”) and political power. Only the latter is coercive.
Should Business Be Selfish?
Selfishness guides business to trade value for value with all parties – wages for employees’ productivity, products and services for customers’ payment, payment for suppliers’ products, and so on – by mutual consent, for mutual benefit, with no deception or fr…
Stop Eroding Freedom with Communist Conceptions of “Fairness”
Conceptions of “fairness” pursued through taking from those who have produced more and giving it those who have produced less or nothing are morally unjust and economically destructive.
Canadians Should Embrace Private For Profit Health Care
Why should Canadians embrace private health care as a moral alternative to medicare, as citizens of most other countries do?
What Does Morality Have To Do With Business?
“But I don’t want to be moral!” That’s what a CEO spontaneously exclaimed when he was given my book, How to Be Profitable and Moral. Why did he say that, and did he really mean it?
Effective Egoism: An Individualist’s Guide to Pride, Purpose, and the Pursuit of Happiness
Watkins argues that since you have only one life and it’s for you to live, you should make it the best possible: a life in which you pursue your long-term happiness. Effective Egoism describes how to do that.
Marc Andreessen’s Techno-Optimist Manifesto
The Techno-optimist Manifesto does not fully recognize the necessity of freedom.
Capitalism and World Peace
Laissez-faire capitalism is a system of world peace.
Why Business Must Embrace Individual Rights
A stronger argument to defend capitalism and business against government coercion is needed. It comes from morality.
How to Advocate for Freedom and Capitalism
A reader asked what one can do to defend capitalism given the ongoing threats to freedom and when one lacks a platform. Here are some ideas, based on my own experience and advice from communication experts.
How To Advocate for Capitalism
Although it takes courage to challenge the majority view, advocates of capitalism need only two fundamentals in their arsenal: claiming the moral high ground and defining capitalism by essentials.
The “Anti-Capitalist Business”: The Impossible Dream
The cause of The Anarchist’s struggle for survival and impending demise is its anti-capitalist business model, rooted in the proprietor’s Marxist strawman-view of capitalism.
The Dangers of Climate Change Groupthink
While the climate is a complex system and much of the scientific analysis is technical, acquiring first-hand knowledge of climate change and forming an independent view of it is essential.
Capitalism is not the problem – but a solution worth defending
Is capitalism to blame for climate change and the ills that the anti-capitalists accuse it of? To answer, we need to understand what capitalism is.
Thankyou Elon Musk!
Elon Musk’s mistakes should be viewed in the context of his achievements. Musk has contributed to human flourishing not only by developing Tesla and SpaceX and co-founding Open AI. By taking over Twitter and shaking it up, he has exposed the government’s violations …
Defending Grocery Stores’ “Excess” Profits
We should celebrate, not resent, the grocers’ profits.
The Deadly Climate Obsession of Governments
Governments everywhere have been undermining productive work, driven by a destructive climate change ideology that has developed into an obsession: stopping greenhouse gas (GHG) emissions, despite human suffering.
Confusions about Capitalism
Three common accusations against capitalism are that it is exploitation, it is cronyism, and it destroys the planet.
The Global Energy Crisis: How to Avert a Human Catastrophe
Contrary to the dominant narrative, abandoning fossil fuels would turn the global energy crisis into a true human catastrophe.
Harmful for Human Flourishing on Earth: The Moral Case Against ESG Investing
Using ESG investing to replace them harms both people and the environment, as there are no readily available alternatives for the 80% of the world’s energy that currently comes from oil, coal, and natural gas.
The Ethics of Doing Business in Authoritarian Countries Like Putin’s Russia
It is a mistake to do business in authoritarian countries in the first place due to the political risk it poses.
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