Capitalism, Socialism

clinchedfist

Anti-Socialism Isn’t (Necessarily) Pro-Capitalism

– February 14, 2019

Anti-socialism without a coherent alternative tends to degenerate into a contradictory, idiosyncratic, and logically incoherent case for some unstable, impure mixture of the two systems.

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Capitalism, Climate Change

freezing

If You Are Warm Right Now, Thank Capitalism

– January 30, 2019

I am lucky to be alive. It would take me just a couple of hours to die from hypothermia if I were outside in such weather.

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Capitalism, History of Economic Thought

prague

Liberal Capitalism as the Ideology of Freedom and Moderation

– November 6, 2018

Classical liberals and libertarians consider that their defense and insistence upon a principled practice of individual liberty and competitive free markets is no less of a moral necessity and calling than earlier demands for ending infringements on personal and social freedom that were widely taken for granted.

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Capitalism, Climate Change

peasants

Worried about Climate Change? Count Your Blessings!

– October 22, 2018

We have been liberated from the foulest and most lethal environmental hazards that cursed our pre-industrial ancestors.

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Capitalism, Free Enterprise

grocerystore

Your Ticket to Capitalism Is Free

– August 14, 2018

The consumer surplus that we derive from buying water, and other items, is enormous, almost incalculable.  The fact that all of these products, services, and useful things are available to us at low prices seems automatic, nothing very interesting or important. In fact, the capitalist system operating in the background is performing miracles of production, logistics, and delivery, all to make sure that prices are low.

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Capitalism, Daily Economy News, Henry George


Rent-Seeking as a Threat to Modern Capitalism

– March 15, 2017

What is the best way to ensure fairness and free competition in our economy? Many people believe that a large government that actively regulates the private sector will prevent large corporations from achieving undue market power. But this view ignores the concept of rent-seeking.

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