The Myth of Profit Making as Exploitation
Pursuing self-interest in business is not exploitative, because it can only be based on voluntary trade.
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Pursuing self-interest in business is not exploitative, because it can only be based on voluntary trade.
As long as universities continue to misrepresent how they use philanthropic gifts, philanthropists will remain wary of the high potential for misuse that accompanies large donations.
The Vietnam War, a 10-part series for PBS which aired in 2017, is flawed, biased and incomplete. It is also a compelling and important examination of the Southeast Asia war America lost.
It is capitalism and the competitive market process that generates solutions to the knowledge problems of the society, including the “informational asymmetry” that naturally follows from any developed social system of division of labor.
While Trump’s $267 billion is bad, the Democrats’ plans are worse. We counted $297 billion proposed by Biden, $690 billion from Buttigieg, $3.8 trillion from Warren, $4 trillion from Sanders and $4.3 trillion from Harris.
When leftists have no other winning argument, they falsely accuse others of racism.