Capitalism can be viewed as an economic system that has been a driving force in many advanced economies, fostered growth and innovation, enabled people to lift themselves out of poverty, and greatly improved living standards. But it also has many staunch critics, who will argue that, regardless of outcomes or track records, it is a deeply harmful and exploitative system. So, to clear up any confusion, what really is capitalism, and what isn’t it?
In this video, Jon Hersey, managing editor of The Objective Standard, argues that four thinkers, Aristotle, Rand, Plato, and Kant, are the key to understanding some of history’s most brilliant eras — and its darkest — as well as the modern-day culture war that seemingly divides us so profoundly. Whose ideas, for example, dominated during […]
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?
So 2016 is limping to an end with an assassination of an ambassador, another “inspired” attack on innocents at a Christmas market, and the formal election of a master crony-capitalist to the office of the presidency of the United States.
Personhood is a moral concept, related to the notion of individuality.
Much like us today, American colonists thought of themselves as a free people. They viewed governance through a lens called Radical Whig Theory, a political ideology stating that individuals within a free society must jealously guard their liberty and be wary of any government encroachment. The theory holds that freedom is hard to keep, and […]