Big questions are being thrashed out these days. One of the biggest is this: do we want capitalism or socialism? Unfortunately, the online discussions I've witnessed have been, to put it as politely as I can, terrible. (For an example, see this one between Reason...
I challenge you to show me a lamer "debate" over "capitalism" and "socialism." (Don't worry; it's not about Bill Maher.)
Th[e] central question is not clarified, it is obscured, by our common political categories of left, right, and center. --Carl Oglesby, Containment and Change You got fins to the left, fins to the right And you're the only bait in town. --Jimmy Buffett, "Fins"...
There’s plenty to say regarding Sweden: (1) its “socialist” policies were made possible by wealth created under an essentially capitalist economy (as recently as the 1950s, remember, government spent less as a percentage of GDP in Sweden than in the U.S.); (2)...
"Greed, for lack of a better word, is good." Ever since corporate raider Gordon Gekko, the lead character in Oliver Stone's Wall Street (1987), made that declaration, left-wing opponents of the market economy have regarded that one-liner as the only rebuttal required...
The following is a section from The Voluntaryist Handbook, organized by Keith Knight. One need look no further than to the examples of North and South Korea or East and West Germany to see that the freer people are, the wealthier they can become through mutually...
National conservatism is objectionable on many counts -- the name in itself tells you that -- but it does pay tribute to free enterprise. A closer look, however, may cause one to doubt its commitment. The movement's official Statement of Principles includes Principle...
Many people formerly of the left, who have bid good riddance to their former political home, believe they can retain the mantle of authentic liberalism while ignoring its free-market component. They don't want socialism, and they appropriately dislike the right-wing....
https://youtu.be/Eg9OIssCmsc One of the most incredible attributes of free markets is the ability to harmonize our self-interests with the interests of greater society. Contrary to the popular demonization of profits as extraction of surplus value, profits in freed...
https://youtu.be/xGrh6D3o8Kw One need look no further than to the examples of North and South Korea or East and West Germany to see that the freer people are, the wealthier they can become through mutually beneficial voluntary exchange. These two controlled...
https://youtu.be/L1cGI5U_UaA
Download Episode. Scott talks with Ryan McMaken about free markets and free trade. They begin with a discussion about the role of the Mises Institute in the push for sound money. Scott then asks McMaken about the nuances of debating capitalism vs. socialism while...
The socialist left says the evidence capitalism oppresses the poor is that free markets relocate factories to the poorest nations in order to pay the lowest wages. And when wage rates rise in poor nations like South Korea and Japan, they move their factories over to...
"I have observed that not the man who hopes when others despair, but the man who despairs when others hope, is admired by a large class of persons as a sage.” --John Stuart Mill, 1828 We mustn't let the wrongdoing of politicians and bureaucrats blind us to the good...
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