Tag Archives: hong kong

Hong Kong and Thanksgiving in America

On the eve of Thanksgiving in America, it is, I think, most appropriate to write about Hong Kong, and here is why I say so: How Laissez-Faire and Private Property Saved The Pilgrims Recently, when Houston Rockets General Manager Daryl Morey voiced his excellent support of Hong Kong’s freedom demonstrations — “Fight for freedom,” he…

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Barack Obama Openly Admits His Antipathy Toward The Free Market

In so doing, Barack Obama also discloses for us again his arrant economic-political illiteracy. Straight from the horse’s mouth — and it doesn’t get any plainer than this: One would be wise to note here that there’s never in world history been a system of total unregulated laissez-faire capitalism, but the societies that have come…

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Michael Moore: Old Fashioned Capitalism When “Wealth Was Shared”

In a recent interview with CNN’s Piers Morgan, socialist documentarian Michael Moore — who, not coincidentally, made a socialist propaganda movie called Capitalism: A Love Story — revealed Monday (September 27th, 2011) what we all already knew: he has no understanding whatsoever of what capitalism really is. The video clip won’t embed, but you can…

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Laissez Faire and Hong Kong

Laissez faire is a social system based upon private ownership of the means of production and the preeminence of the individual over the group. The word capitalism was popularized by Karl Marx, in the 1850’s. Marx used it to denounce private ownership of the means of production and the autonomous workings of the free market.…

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