If you approach Austrians economics from a Marxian-style dialectic, as Janek Wasserman does, then you will miss the entire point of the school of thought and its contribution to the science of economics.
Far from representing non-white scholarly voices and introducing challenges to a previously stagnant historiography of slavery, the NHC school is actually a stunning embodiment of everything it charges against its critics.
It’s increasing by $1 trillion a year.
If millennials and others want to wage war against government favors and crony capitalism, I’m with them 100%. But I’m all too afraid that anti-capitalists just want their share of the government loot.
The ethics of private enterprise and the morality of the market require both a preaching and a practicing of a respect for others’ individual rights to their property and to the rule of voluntary agreement in all transactions, even when market outcomes are not always favorable to oneself.
The best aspect is that it keeps intact 90 percent of the old NAFTA; the worst is that what is mostly new and unique in USMCA is protectionist and economically destructive.
In most every Hollywood movie, capitalism is evil.
The fact that unscrupulous parents paid millions for special favors from college administrators to enroll their children pales in comparison to the poor educational outcomes, not to mention the gross indoctrination of young people by leftist professors.
Billionaire Michael Bloomberg is wasting his money on his bid to win the Democratic nomination for president.
CAPITALISM REVIEW