Tag Archives: Capitalism

Modern-Day Socialism and the 30-year Anniversary of Tiananmen Square

This recent tweet captures the half-assed distinction Marx tried to make between so-called bourgeois property and personal property: On the thirtieth anniversary of the Tiananmen Square massacre — when the totalitarian socialist government of China quashed, with extreme force, a political uprising by the people of China who rebelled at last against the obliteration of…

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What Is Government? (Political Cow: Episode 1)

From the College of Subversive Knowledge (SUBSCRIBE): Using two cows as a metaphor for illustrating how various political systems function is a practice that’s been around since at least the 1930’s. Here are a few of the better examples: SOCIALISM: You have two cows. The government takes one and gives it to your neighbor. COMMUNISM:…

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Don’t Believe In Free-Market Medicine? Have You Ever Seen the Inside of a Venezuelan Supermarket?

Venezuelan supermarket: It was in early autumn of 1989 that the drunkard Boris Yeltsin, soon-to-be president of the Soviet Union, visited, for the first time in his life, a supermarket in Houston, Texas. Not long afterward, in his autobiography Against the Grain, Yeltsin wrote about this watershed moment: “When I saw those shelves crammed with…

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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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Happy Thanksgiving

It looks as though even some of the Occupy Wall Street people can’t resist the warm allure of heading home for the holidays — despite the fact that these folks are against the true spirit of Thanksgiving: Happy Thanksgiving, everyone.

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VP Joe Biden Can’t Stand The Heat

Jason Mattera, author of the excellent book Obama Zombies — which captures very well the mindset of the brainwashed masses who went in for Barack Obama without any real regard for the actual content of his political philosophy — is refreshingly fearless in confronting politicians and calling them out. Politically, I do not always agree…

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Wall Street Protests And Their Misbegotten War On Capitalism

Regarding the Wall Street protests, Robert Robb, a columnist for the Arizona Republic, has a recent and fairly interesting article. Here’s an excerpt: The protesters are massively wrong about the incompatibility of capitalism and social justice. Social justice shouldn’t be measured on what the rich have, which is the fixation of the protesters. Instead, the…

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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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The Left-Winger’s Big, Big Problem

It is the insurmountable flaw in all leftist philosophy, the insoluble contradiction, the problem that cannot be overcome: No matter what form that leftist philosophy takes — whether it be progressive, egalitarian, democratic-socialist, welfare-statist, communistic, or any other name those of this mindset wish to call it — in order to redistribute wealth, there must…

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The Man Without A Plan

I thought the following was exceptionally accurate. From ex-liberal Roger Simon: President Obama’s been taking a lot of flak lately for not having a plan. First it was about Libya, but now — even more importantly because, as we know, all politics is local (until it’s not) — about the budget. The latest White House…

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Lemonade Stands: Instead Of Teaching A Kid About Running A Business, She Got A Lesson In Government Regulation [UPDATED]

The following is, on a micro level, a perfect compendiation of free-trade versus government regulation, all in the name of the so-called common good. It was written by a bureaucrat (no less) fellow free-marketeer named Nicolas Martin, who’s the executive director of the Consumer Health Education Council in Indianapolis — and whom I incorrectly branded…

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How Laissez-Faire and Private Property Saved The Pilgrims

In May of 1606, the first American settlers arrived in Jamestown. What they found when they came to the Virginia Tidewater Region (which is where these original 104 set up their colony) was a breathtakingly fertile chunk of land. And so it was that these first American settlers discovered more resources than they could at…

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Home Depot CEO Sarcastically Apologizes For Creating 300,000 Jobs

Bernie Marcus is the CEO and cofounder of Home Depot — or, as it’s known to the anti-business, buy-local-only groupies, Home Despot. In the following video, Bernie Marcus correctly demolishes their (non)argument: (Video via joegerarden) Hat tip Doug Powers.

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Middle-of-the-Road Policy Leads to Socialism

Economics deals with society’s fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen (Ludwig von Mises, Human Action). The following address was delivered before the University Club of New York, April 18, 1950, by Doctor Ludwig von Mises: How Middle-of-the-Road Policy Leads to Socialism The…

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Myths About Markets

There are approximately twenty million myths about markets and market capitalism, one of the most common being this: Markets don’t work well (or are inefficient) when there are negative or positive “externalities.” Here’s how Tom Palmer, philosopher and economist, bunks that canard: The mere existence of an externality is no argument for having the state…

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