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Keyword: capitalism

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  • EXCLUSIVE: 'Life after Google: 10 Laws of the Cryptocosm'

    10/16/2018 6:46:22 PM PDT · by george76 · 25 replies
    Townhall ^ | Jul 17, 2018 | George Gilder
    Google’s security foibles, its “aggregate and advertise” model, its avoidance of price signals, its silos of customer data, and its visions of machine mind are unlikely to survive the root-and-branch revolution of distributed peer-to-peer technology, which I call the “cryptocosm.” Today, all around us, scores of thousands of engineers and entrepreneurs are contriving a new system of the world that transcends the limits and illusions of the Google realm. In the Google era, the prime rule of the Internet is “Communications first.” That means everything is free to be copied, moved, and mutated. While most of us welcome “free” on...
  • How Living Two Years Under Socialism Made Me a Capitalist (Israel, not Venezuela)

    10/13/2018 10:44:54 AM PDT · by RoosterRedux · 33 replies
    American Spectator ^ | Dov Fischer
    In 1985 my family moved to Israel for two years, playing our part in reclaiming a heretofore unclaimed portion of our Biblical patrimony. *snip* In those years, Israel was governed primarily under socialist economic principles. Always a democracy, Israel’s governing institutions nevertheless were founded by deeply non-religious and even anti-religious secular socialists who had fled Tsarist Russia in the late 1800s. For half a century, until the Menachem Begin earthquake election of 1977, Israel was governed by coalitions led by the leftist Labor Party. They had built the socialist kibbutzim (agricultural socialist collectives) that the liberal media idealized. These were...
  • Capitalism vs. Socialism: A Story of Two Family Relics

    09/15/2018 5:13:22 AM PDT · by WWII_Historian · 7 replies
    American Thinker ^ | September 15, 2018 | Gary Gindler
    The history of the first document dates back to the beginning of the 18th century. The scene is a North American colony called the Province of New York. For his services to Great Britain, a German nobleman received land from King George II in the royal colony of New York. The area was large, but subsequent generations quietly sold it piece by piece. This family of new settlers supported the colonists, not King George III, in the Revolutionary War. This allowed the ownership of the land to be preserved after the war. Now my good friend owns this land (or...
  • Offensive ‘Social Justice’ Corporatist Pandering

    09/06/2018 10:36:44 AM PDT · by Sean_Anthony · 2 replies
    Canada Free Press ^ | 09/06/18 | Dr. Ileana Johnson Paugh
    These social justice brats will know “capitalism and Christianity are evil” because their smart devices, corrupt politicians, and teachers would have told them so at nauseam If I had a dollar for every young and ill-informed brat in this country who believes that our nation is oppressive and in need of a communist “social justice” makeover, supporting the benched quarterback who took a knee during the playing of our National Anthem, I would be rich. It would seem that education would clarify the confusion these brats experience. However, since most educators are hard-core socialists and they indoctrinate every student who...
  • Conservative Response to Liberal Socialism

    08/28/2018 5:35:47 AM PDT · by econjack · 29 replies
    Facebook post | 6/3/2018 | Tom Nicholson
    The Corvette. A man named Tom Nicholson posted on his Facebook account the sports car that he had just bought and how a man approached and told him that the money used to buy this car could've fed thousands of less fortunate people. His response to this man made him famous on the internet. READ his story as stated on Facebook below: A guy looked at my Corvette the other day and said, "I wonder how many people could have been fed for the money that sports car cost." I replied I am not sure; it fed a lot of...
  • Burning Man: Inside the world's WILDEST festival

    08/26/2018 10:15:08 AM PDT · by rktman · 71 replies
    dailystar.co.uk ^ | 8/25/2018 | Tom Fish
    Tens of thousands have gathered for the deranged nine-day festival of excess, which is unique among others in frowning at any hint of commercialism. Incredible photos show attendees donning outrageous Mad Max-style outfits, or even forgoing clothes at all, under the relentless sun. Some are seen traveling around the temporary city in post-apocalyptic "art cars" and bicycles. And the ritualistic burning of a giant human-shaped effigy is seen sending smoke and flames billowing into the empty skyline.
  • What Venezuelan savers can teach everyone else

    07/23/2018 6:46:10 PM PDT · by Diana in Wisconsin · 10 replies
    The Economist ^ | 7-19-2018 | Buttonwood
    ASK the chief investment officer of a fund-management firm how to spread your investments and you will be told to put so much in stocks, so much in bonds and something in hedge funds or private equity. Chances are that white-elephant buildings, eggs and long-life milk will not feature. But in Venezuela, where the inflation rate is in the tens of thousands, things that people elsewhere would shun for fear they will lose value have become stores of real wealth. That is why you can see scaffolding and other signs of a building boom dotted around Caracas, the capital of...
  • Debunking Socialist Myths: 90 Percent Of Scandinavia’s Wealth Is Privately Owned

    08/18/2018 5:17:13 PM PDT · by SeekAndFind · 15 replies
    The Federalist ^ | 08/18/2018 | By Giancarlo Sopo
    By Giancarlo SopoAugust 17, 2018 I woke up early one recent morning, scanned the news, and stumbled upon a tweet praising an “informative and fun podcast episode” that promised to set the record straight on Scandinavian socialism. Having read a decent amount about the Nordic model, I was curious to see what kind of wisdom Matt and Elizabeth “Liz” Bruenig, of the People’s Policy Project and Washington Post, respectively, had in store.After a light-hearted intro, Liz began with “Norway is not socialist?” alluding to a recent Forbes article that contradicted claims that Scandinavia is a socialist paradise. This prompted...
  • Opinion: Capitalism can crack climate change. But only if it takes risks

    08/17/2018 11:49:30 AM PDT · by Oldeconomybuyer · 28 replies
    The Guardian ^ | August 17, 2018 | by Larry Elliott
    This summer’s heatwave has provided a glimpse of the future, and it is not a pretty one. On current trends, the years to come will see rising temperatures, droughts, a fight to feed a growing population, and a race against time to reduce dependency on fossil fuels. The struggle to combat climate change brings out the best and worst of capitalism. Decarbonisation of the economy requires alternatives for coal and cars that run on diesel, and that plays to capitalism’s strengths. The good news is that in Beijing and New Delhi, policymakers have woken up to the idea that green...
  • Elizabeth Warren to introduce the 'Accountable Capitalism Act'

    08/15/2018 8:04:42 PM PDT · by Beave Meister · 71 replies
    The Washington Examiner ^ | 8/15/2018 | Pete Kasperowicz
    Sen. Elizabeth Warren, D-Mass., will introduce legislation Wednesday aimed at making the nation's largest companies accountable to employees and their local communities, not just shareholders. In an op-ed for the Wall Street Journal, Warren said companies in the late 20th Century started operating in a way that made them slaves to shareholders. "That shift has had a tremendous effect on the economy," she wrote. "In the early 1980s, large American companies sent less than half their earnings to shareholders, spending the rest on their employees and other priorities." "But between 2007 and 2016, large American companies dedicated 93% of their...
  • Democrats More Positive About Socialism Than Capitalism

    08/14/2018 12:50:38 PM PDT · by NohSpinZone · 15 replies
    Gallup ^ | 8/13/18 | By Frank Newport
    STORY HIGHLIGHTS 47% of Democrats view capitalism positively, down from 56% in 2016 57% of Democrats now view socialism positively, little changed from 2010 Republicans very positive about capitalism; 16% positive on socialism
  • Elon Musk and Crony Capitalism

    08/10/2018 6:59:11 AM PDT · by SeekAndFind · 15 replies
    American Thinker ^ | 08/10/2018 | By Allan C. Brownfeld
    Crony capitalism – the close alliance of big business with government – leads not to free enterprise, but to its opposite, in which government, not the market, chooses winners and losers, through subsidies and other forms of largesse.  Adam Smith, the great philosopher of capitalism, understood that businessmen want to maximize profits, and how it is done is of secondary interest.  Indeed, he once said that when two businessmen get together, the subject of discussion is how to keep the third out of the market.  Adam Smith and more recent philosophers of the free market such as Friedrich Hayek, Ludwig von Mises,...
  • Recovering the Judeo-Christian ethic precedes European recovery

    08/07/2018 7:05:22 PM PDT · by CondoleezzaProtege · 7 replies
    Australia Broadcasting Company ^ | 14 Dec 2011 | Jonathan Sacks
    Let me now begin with a striking passage from Niall Ferguson's recent book, Civilization. In it he tells of how the Chinese Academy of Social Sciences was given the task of discovering how the West, having lagged behind China for centuries, eventually overtook it and established itself in a position of world pre-eminence. At first, said the scholar, we thought it was because you had more powerful guns than we had. Then we concluded it was because you had the best political system. Then we realised it was your economic system. "But in the past 20 years, we have realised...
  • President Trump's 4.1 GDP (Saturbray)

    07/28/2018 6:40:11 AM PDT · by bray · 18 replies
    www.brayincandy.com ^ | 7/28/18 | bray
    I press toward the mark for the prize of the high calling of God in Christ Jesus. Philippians 3:14 (KJV) Once again we have the Marxist Media explaining to us what is wrong with the best Gross Domestic Product quarterly results in the last four years. To have a bunch of leftist economists explaining why a roaring capitalist economy is a bad thing is like being lectured by atheists about the Bible or Maxine Waters preaching why calling for violence against Trump supporters is ordained from God. The only difference is these economists know less about capitalism than Mad Maxine...
  • Business students more likely to have a brain parasite spread by cats

    07/27/2018 12:34:25 PM PDT · by Eddie01 · 31 replies
    New Scientist ^ | Jul 25, 2018 | By New Scientist staff and Press Association
    An analysis of students in the US has found that those who have a certain type of brain parasite are more likely to be majoring in business studies. Toxoplasma gondii is a protozoan parasite carried by cats. It can infect people through contact with cat faeces, poorly cooked meat, or contaminated water, and as many as one-third of the world’s population may be infected. The parasite doesn’t make us feel sick, but it forms cysts in the brain where it can remain for the rest of a person’s life. Some studies have linked infection with the parasite to slower reaction...
  • Rep. Maxine Waters: Democratic party is 'not a socialist party' (also claims she is a 'capitalist')

    07/26/2018 9:20:11 AM PDT · by SeekAndFind · 37 replies
    American Thinker ^ | 07/26/2018 | Rick Moran
    Democrats have a socialist problem that they are having trouble sweeping under the rug.  The party line appears to be that their new star, self-proclaimed democratic socialist Alexandria Ocasio-Cortez, is not the face of the party; rather, she's not a radical and doesn't speak for most Democrats. Rep. Maxine Waters went so far as to deny that Democrats are socialists at all. CNBC: The top Democrat on the House Financial Services Committee sent a message to the party's progressive wing on Wednesday, distancing herself from the vocal lawmakers to her left as the party continues to debate its message ahead...
  • Elizabeth Warren: Of course I’m a capitalist. Come on! (video)

    07/25/2018 10:41:37 AM PDT · by Kaslin · 56 replies
    Hot Air.com ^ | July 25, 2018 | JAZZ SHAW
    John Harwood conducted an interview with Senator Elizabeth Warren (D-MA) this week which may not have produced much of substance, but definitely provided some interesting moments of comic relief. Warren is still seen as a likely entrant in the Democrats’ 2020 presidential primary and has buttered her bread with the fights she’s started with Wall Street and the investment banking industry. Harwood asked her about that, specifically wondering if she didn’t harbor some “malice” for capitalists. Warren’s response is a bit much to swallow but it’s worth a quick look at the video. (Free Beacon) “It sounds as if you...
  • Is Capitalism Slavery ? Or is it Socialism ?

    07/22/2018 1:48:59 PM PDT · by huckfillary · 35 replies
    The Daily Dose of Reason ^ | July 22, 2018 | Dr. Michael J Hurd
    I love socialists. Why? Because they ask the fundamental questions. I hate socialists, too. Why? Because they give the wrong answers. Socialist congressional candidate Alexandria Ocasio-Cortez recently asked, “Are we going to be a slave state or are we going to be a free state?” She meant to imply that socialism is freedom — and capitalism is slavery. Most people operate in the center. They eschew ideological arguments in favor of splitting the difference. That’s why we have partial captialism and partial socialism in America. The controls, the regulations, the subsidies, the high taxes, Medicare, Social Security, federal education? Those...
  • MSNBC WORRIED AMERICANS MIGHT THINK CAPITALISM ‘IS WORKING FOR THEM’

    07/20/2018 8:42:48 PM PDT · by Beave Meister · 58 replies
    The Daily Caller ^ | 7/19/2018 | Benny Johnson
    During a fawning Thursday segment with Massachusetts Sen. Elizabeth Warren, MSNBC hosts Ali Velshi and Stephanie Ruhle worried aloud that Americans may “feel like capitalism is working for them” after months of booming economic numbers. The liberal co-hosts pressed Warren on how Democrats will counteract historically good economic numbers. “At this very moment the economy is a winning argument for this administration, for more than just President Trump’s base,” Ruhle complained, “Are Democrats making a mistake by putting forth candidates that label themselves Democratic Socialists or who hold anti-capitalist beliefs when at this moment — Americans feel like capitalism is...
  • Obama boasts: “I’m surprised how much money I got”

    07/19/2018 9:43:49 AM PDT · by Beave Meister · 46 replies
    World Socialist Web Site ^ | 7/19/2018 | Barry Grey
    The corporate media has overwhelmingly praised Barack Obama’s speech in Johannesburg on Tuesday at an event commemorating the 100th anniversary of the birth of Nelson Mandela, calling it an “impassioned” defense of democracy, tolerance, equality and the liberal capitalist world order established after World War II. The reports have singled out Obama’s muted and indirect criticisms of Donald Trump’s “strongman politics” and the “utter loss of shame among political leaders” who are “caught in a lie and just double down and lie some more.” No notice is being taken in the press reports of two points in the rambling, 90-minute...