Tag: Capitalism
The top five reasons why socialism doesn’t work
November 30, 2022 | Post
The socialism vs. capitalism debate is tired and stale. If you look at any media on the topic, you’ll find people rehearsing the same, boring arguments. “Socialism doesn’t work because human nature is flawed! Socialism doesn’t work because nobody would be incentivized to work! Socialism is inefficient!” Of course, these statements are true. However, they are not convincing for those who don’t believe them. Next time you find yourself into a debate, use these arguments to tackle the root cause of what you’re discussing…
Five myths about Ayn Rand and Objectivism
October 14, 2022 | Post
Objectivism is consistently mischaracterized and stereotyped in popular media, and is blamed as responsible for any right-leaning political development. Here are five common myths that you may have heard about Ayn Rand.
What does it mean to be left or right-wing?
September 30, 2022 | Post
It used to be very easy to define political camps. You were left-wing if you were a socialist, and you were right-wing if you were a capitalist. But now the terms of the debate have changed. Economics has taken a back seat
Neoliberalism and libertarianism
August 9, 2022 | Post
Neoliberalism and libertarianism share many common principles despite meaning different things to different people. But what is neoliberalism in reality — and how does it relate to classical liberalism and libertarianism?
Modernity is unthinkable without capitalism
February 2, 2022 | Post
Modernity is unthinkable without capitalism, yet Ayn Rand defined capitalism as an unknown ideal, one whose benefits people did not understand
Botswana: a triumph of capitalism in Africa
November 12, 2021 | Post
By embracing capitalism, Botswana went from one of the poorest nations in the world to one of the fastest growing economies.
Happy Birthday Milton Friedman
July 31, 2021 | Post
In honor of Milton Friedman’s birthday, let’s review the American economist’s greatest contributions to the advocacy of free market capitalism.
Millennials are in a love triangle with capitalism and socialism
August 23, 2017 | Post
Millennials may talk the socialist talk, but this look at the evidence shows they also walk a rather capitalist walk.
Reddit AMA with Professor Jeffrey Miron of Harvard University
August 4, 2017 | Post
Dr. Miron has written over 100 op-eds and several books, including Drug War Crimes: The Consequences of Prohibition (2004) and Libertarianism: from A to Z (2010).
Why your boss isn’t ripping you off. Marxism 101 debunked.
June 27, 2017 | Post
Have you ever thought your employer was exploiting you? That the company you work for doesn’t really earn its profits — it just rips off its workers?
Does the market make us good? Does socialism?
June 21, 2017 | Post
Only in freedom do people have the ability to be good, but can freedom itself teach us what “goodness” means?
Lawnmowing licenses: Crony capitalism in action
June 6, 2017 | Post
This isn’t an accident. This is the purpose of these regulations — to protect established businesses from competition.
Why My Pit Bull Lives like a King
May 2, 2017 | Post
My 85-pound pit bull lives better than most people on this planet do. He eats superior food, drinks clean water, and sleeps inside a comfortable house on a comfortable bed.
Will President Trump kill capitalism?
February 23, 2017 | Post
Capitalism—stronger than any border wall or immigration ban—remains a resilient and deeply American system.
William Graham Sumner Part 1 – Laissez-Faire and Social Darwinism
February 12, 2017 | Post
William Graham Sumner often gets unfairly labeled a social Darwinist. In this first post in a new series, Zwolinski tries to nail down just what “social Darwinism” means.
Crony-in-Chief: Donald Trump epitomizes Ayn Rand’s “Aristocracy of Pull.”
February 2, 2017 | Post
A president who truly understood Rand’s philosophy would not be cozying up to Putin, bullying companies to keep manufacturing plants in the United States, or promising “insurance for everybody.”
America changed, and the Rust Belt failed to adapt
January 27, 2017 | Post
On Friday, January 20, 2017, Donald Trump was sworn in as the 45th President of the United States. His victory in the 2016 election was a surprise to many, and his success in the so called Rust Belt made it happen. Wisconsin, Michigan and Pennsylvania all went to Trump, something that hadn’t happened for a Republican […]
The robber barons weren't robbers. Here's why.
January 5, 2017 | Post
Among the great misconceptions of the free economy is the widely-held belief that “laissez faire” embodies a natural tendency toward monopoly concentration.
Why we should celebrate capitalism and consumerism, at Christmas and all year
December 22, 2016 | Post
Last Christmas, Pope Francis criticized holiday consumerism, saying that ours is “a society often intoxicated by consumerism … wealth and extravagance.”
To understand why this sort of critique is mistaken, and why consumerism and capitalism deserve our love at Christmastime and throughout the year, we need to go back to basics.
Markets make your holiday feast bigger, better, and cheaper than ever
December 16, 2016 | Post
Market economies have continually driven down the real cost of food, enabling more and more people to consume more calories and a wider variety of higher quality food.
Capitalism & slavery
December 15, 2016 | Post
The most far-fetched myth that I’ve encountered recently is that the wealth of the modern Western world, especially that of the United States, is the product of slavery.
Pay for bone marrow, save lives
November 29, 2016 | Post
This past week, I was on a panel for a Senate Hill Briefing entitled “Should compensation for bone marrow donors be legal?”
How defending capitalism is like recycling
November 26, 2016 | Post
Recycling is one example of an action that we take in the present to benefit a group in the future.
Yet another comically bad caricature of libertarianism
October 15, 2016 | Post
Another day, another hilariously awful straw man argument against libertarianism.