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Keyword: capitalism

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  • The Capitalist as the Ultimate Philanthropist

    06/26/2015 6:36:03 PM PDT · by rey · 6 replies
    WSJ ^ | 24 June 2015 | ANDY KESSLER
    The Ford Foundation vows to fight inequality but will have a hard time beating Henry’s example. On June 11, the $11 billion Ford Foundation announced that it will pour its resources—about $500 million in giving a year—into fighting inequality. “We are talking about inequality in all its forms—in influence, access, agency, resources, and respect,” Darren Walker, the charity’s president, wrote in a letter. Oh, the irony. I won’t join the public intellectuals having hissy fits over how people choose to give away their money, beyond being annoyed that since the Ford Foundation is tax-exempt, we’re all subsidizing it. Here’s the...
  • Kids Create Salt Black Markets in Cafeterias Due to Michelle Obama’s Lunch Rules

    06/24/2015 2:04:04 PM PDT · by Oldeconomybuyer · 51 replies
    Washington Free Beacon ^ | June 24, 2015 | by Elizabeth Harrington
    Children are creating their own black markets to trade and sell salt due to First Lady Michelle Obama’s school lunch rules. During a hearing before the House, a school administrator told Congress of the “unintended consequences” of the Healthy, Hunger-Free Kids Act. “Perhaps the most colorful example in my district is that students have been caught bringing–and even selling–salt, pepper, and sugar in school to add taste to perceived bland and tasteless cafeteria food,” said John S. Payne. “Students are avoiding cafeteria food,” Payne said. “More students bring their lunch, and a few parents even ‘check out’ their child from...
  • A Woman on the $10 Bill? Big Deal

    06/19/2015 9:23:27 AM PDT · by Kaslin · 100 replies
    Townhall.com ^ | June 19, 2015 | S.E Cupp
    With the announcement this week by Treasury Secretary Jack Lew that there will be a woman on the $10 bill, I found myself daydreaming about all the new equality that will presumably come with such a historic and meaningful honor. Because, surely, with all the current economic problems we're attempting to solve -- a still unstable job market, widening income inequality, rising poverty -- the United States government wouldn't waste its valuable time on some kind of empty symbolic gesture. Surely, putting a woman on a U.S. banknote will be an important step forward for gender equality and advancing women's...
  • Why are the Left Conspiring to Decimate Local & State Police Departments? Answer: Vlad Lenin 1917

    06/11/2015 4:28:32 PM PDT · by concernedcitizen76 · 9 replies
    Self | June 11, 2015 | Self
  • A Conservative Case against Capitalism and Industrialism

    06/10/2015 6:20:11 PM PDT · by walkinginthedesert · 25 replies
    A Conservative Case against Capitalism and Industrialism The purpose of this paper will be a critique of capitalism and industrialization which I would call capitalism’s natural offspring. The very nature of this critique will come from a profoundly Catholic and Conservative perspective. Most people who have criticized capitalism and industrialism have often done so from a left-liberal political perspective and outlook. This can be seen from the writings of individuals such as Marx and Engel, as well as from ideas such as Socialism, Communism, and various other modern liberal ideologies. However in presenting this conservative critique of capitalism and industrialism...
  • Bernie Sanders' Foul Socialist Odor

    05/27/2015 4:37:50 AM PDT · by Kaslin · 44 replies
    Townhall.com ^ | May 27, 2015 | Michelle Malkin
    Socialist genius Bernie Sanders has figured out what's really ailing America. Our store shelves have too many different brands of deodorant and sneakers. Just look at all those horrible, fully stocked aisles at Target and Walgreens and Wal-Mart and Payless and DSW and Dick's Sporting Goods. It's a national nightmare! If only consumers had fewer choices in the free market, fewer entrepreneurs offering a wide variety of products and fewer workers manufacturing goods people wanted, Sanders believes, we could end childhood hunger. Nobody parodies the far left better than far-leftists themselves. In an interview with financial journalist John Harwood on...
  • How to turn a liberal hipster into a capitalist tyrant in one evening

    05/26/2015 5:55:03 PM PDT · by 2ndDivisionVet · 21 replies
    The Guardian and Observer ^ | May 24, 2015 | Paul Mason
    A new play, World Factory, asks the audience to run a clothing factory in China – and even the creators have been surprised at how people have behaved.The choices were stark: sack a third of our workforce or cut their wages by a third. After a short board meeting we cut their wages, assured they would survive and that, with a bit of cajoling, they would return to our sweatshop in Shenzhen after their two-week break. But that was only the start. In Zoe Svendsen’s play World Factory at the Young Vic, the audience becomes the cast. Sixteen teams sit...
  • Capitalism threatens all life on the planet - Interview with Professor Guy McPherson

    05/25/2015 6:23:46 AM PDT · by Libloather · 45 replies
    The Peoples Voice ^ | 5/25/14 | Dylan Murphy
    **SNIP** Professor Garrett makes the controversial point that carbon dioxide emissions, which are a major cause of runaway climate change, can only be stabilized by a complete collapse of the global industrial economy or society builds the equivalent of one nuclear reactor per day. "Stabilization of carbon dioxide emissions at current rates will require approximately 300 gigawatts of new non-carbon-dioxide-emitting power production capacity annually - approximately one new nuclear power plant (or equivalent) per day," Garrett says. "Physically, there are no other options without killing the economy." Every week new scientific reports are published that note how industrial civilization is...
  • The Congressional Board of Exchange

    05/24/2015 6:44:28 AM PDT · by Sean_Anthony
    Canada Free Press ^ | 05/24/15 | Sandy Stringfellow
    Congress is forgetting its duty: to improve jobs and wages for Americans We are living in a political world of the UniParty; it’s sort of like the Chicago Mercantile Exchange, a historic commodity and – in these modern times – financial derivative exchange based in Chicago. Naturally, the UniParty isn’t quite as obvious as the Chicago floor traders standing in a trading pit, calling out orders, prices, and quantities of particular commodities while dressed in color-coded jackets indicating their function on the trading floor; nor are those in the Senate usually observed gesticulating with complex hand signals to communicate the...
  • London as neoliberal theme park: The Platform 9 ¾ economy and the Tories’ shocking victory

    05/24/2015 12:13:26 AM PDT · by Cincinatus' Wife · 18 replies
    Salon ^ | May 23, 2015 | Andrew O'Hehir
    Nothing quite so blatantly sums up the victory of neoliberalism in 21st-century London, and that city’s relentless commodification of every aspect of its literary and historical legacy, like Platform 9 ¾ at King’s Cross. If anything, the vulgarity and banality of Platform 9 ¾ are too blatant; it’s a crack in the façade that demonstrates how thoroughly London has become Londonland, a nearly convincing scavenger-hunt simulation of itself, chock-full of royal bones and references to Dan Brown novels. To enter Westminster Abbey – which is still nominally a house of worship for the Anglican Communion, rather than a historical theme...
  • Dr. Capitalism

    05/20/2015 4:43:01 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | May 20, 2015 | John Stossel
    For years, my scientist brother Tom was the nonpolitical Stossel. I defended free markets on TV, and he studied blood at Harvard and Brigham and Women's Hospital. Mom asked me when I'd get a "real job" like his. Then the crusade against capitalism reached his world. Medical "journalists" demanded that corporations distance themselves from medical research. They'll bias the results, "put profits before people" and sell dangerous goods. Tom didn't notice this "conflict of interest crusade" until he joined the scientific advisory board of a biotech company and learned how difficult it is to bring medical innovation to market. Now...
  • Subsidizing and price fixing us into the poorhouse

    05/18/2015 4:58:07 AM PDT · by HomerBohn · 9 replies
    Personal Liberty ^ | 5/18/2015 | Bob Livingston
    The whole of economics can be reduced to a single lesson, and that lesson can be reduced to a single sentence. The art of economics consists in looking not merely at the immediate but the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.” — Henry Hazlitt, “Economics in One Lesson” One of the greatest fallacies of recent generations is the argument that free market capitalism has failed and that said failure is responsible for America’s moribund economy, the ongoing destruction of the middle...
  • Visit to Germany: Gov. Walker says world will be better with trade agreement

    05/14/2015 9:03:37 PM PDT · by SoConPubbie · 24 replies
    Fox6Now.com ^ | April 14, 2015
    MADISON (AP) — Wisconsin Gov. Scott Walker tells a German audience that young people around the world will be stronger if a new trade agreement between the United States and the European Union can be reached.Walker made his comments Tuesday at the Hannover Messe trade show.A recording of his comments provided to The Associated Press shows the likely Republican presidential candidate voiced his support for the Transatlantic Trade and Investment Partnership, or TTIP. Negotiations between the U.S. and EU began on it in 2013 but many Europeans remain skeptical over concerns about environmental protections, labor security and other issues.Walker referenced...
  • Newest Liberal Buzzword: “Internalized Capitalism” the Root of all Jealousy

    05/11/2015 12:18:00 PM PDT · by rightistight · 49 replies
    Pundit Press ^ | 5/11/15 | Aurelius
    Move over War on Women and "internalized racism," the Left has a new catchprase: "internalized capitalism." That's the new buzzword that's being bandied about by the left over the last few months. Haven't heard of it yet? The website "Black Girl Dangerous" has this quick definition: "Because of internalized American capitalism, I accept that there is only so much love and appreciation to be handed out, and more of it will go to those who perform well. There are so few resources for people of color, period. Not to mention our vibrant intersectional identities and creative work." And, according to...
  • 10 books to celebrate the socialist holiday of May Day

    05/01/2015 11:22:28 AM PDT · by fredericbastiat1 · 2 replies
    TheBlaze Books ^ | 2015-05-01 | Benjamin Weingarten
    May 1 marks what is known as May Day, a celebration of international workers chosen by the socialists and Communists of the Second International to recognize the Haymarket affair in Chicago’s Haymarket Square of May 1886. In order to ring in the holiday, we thought it apt to share 10 books on socialism and Communism and their impact on mankind. 1) The Marx-Engels Reader by Karl Marx and Friedrich Engels This book contains the core works of Karl Marx and Friedrich Engels, which provide the intellectual basis for socialism and Communism. 2) The Road to Serfdom by F.A. Hayek One...
  • The Climate Change Industry and the Hoax of Global Warming

    04/27/2015 9:06:47 AM PDT · by Sean_Anthony · 10 replies
    Canada Free Press ^ | 04/27/15 | Dr. Ileana Johnson Paugh
    If it snows, it is global warming. If it’s hot, it is global warming. Everything is global warming and must be redressed immediately or the earth will perish It’s late April 2015 and it is still quite cold and the growing season is behind – an unusual late and frigid spring. The trees are just now sprouting green leaves and a few brave ones have even bloomed. If you ask the environmentalists, it is global warming. If it snows, it is global warming. If it’s hot, it is global warming. Everything is global warming and must be redressed immediately or...
  • The $15 Question: Who The Hell Are You?

    04/23/2015 8:27:06 PM PDT · by xuberalles · 20 replies
    Self | 4/23/15 | Me
    Do Americans, excluding the Marxist in the White House, actually believe private enterprise is obligated to share or "redistribute" their profits with the general public; albeit paid employees, the unemployed or complete strangers? If I have a job and my neighbor doesn’t, or God forbid I make more money, am I obligated to give this person a percentage of my income? Is “Bob” going to give me his money if I lose my job and become homeless? Hell no! People open businesses to make money…period! It’s not rocket science or a Right-Wing conspiracy. It’s called risk, work, reward! If a...
  • If Hillary Clinton Wants to ‘Topple’ the One Percent, She Should Start With Herself

    04/22/2015 7:16:59 AM PDT · by fredericbastiat1 · 18 replies
    TheBlaze ^ | 2015-04-22 | Benjamin Weingarten
    Hillary Clinton, without a hint of irony, has reportedly called for “toppling” the 1 percent. So the putative favorite for the Democratic presidential nomination intends to target those who — like herself, her husband and the benefactors of her family foundation – are the wealthiest of the wealthy. If Mrs. Clinton is seeking to upend a system that pays off a select group of elite insiders who profit by undertaking cronyistic, anti-free market acts, I applaud her. But if Mrs. Clinton is rather seeking to punish the few who have amassed great wealth by producing goods and services for their...
  • Middle-of-the-Road Policy Leads to Socialism

    04/19/2015 2:59:35 PM PDT · by Garvin · 3 replies
    Mises Daily ^ | December 2, 2006• | Ludwig von Mises
    Interventionism, Allegedly a Middle-of-the-Road Policy A second group seems to be less radical. They reject socialism no less than capitalism. They recommend a third system, which, as they say, is as far from capitalism as it is from socialism, which as a third system of society's economic organization, stands midway between the two other systems, and while retaining the advantages of both, avoids the disadvantages inherent in each. This third system is known as the system of interventionism. In the terminology of American politics it is often referred to as the middle-of-the-road policy. What makes this third system popular with...
  • Ugly American? Melissa Harris-Perry Worries US Tourists Would be 'Plague' on Cuba

    04/11/2015 11:56:07 AM PDT · by governsleastgovernsbest · 65 replies
    NewsBusters ^ | Mark Finkelstein
    Imagine you're a Cuban who has somehow managed to catch the cablecast of Melissa Harris-Perry's MSNBC show today. The topic is President Obama's opening toward Cuba. You're scraping by on the average Cuban monthly salary of $20/month and are thrilled at the prospect of getting a better-paying job if and when American tourists start coming in numbers. Then suddenly you hear Harris-Perry fretting that there could be a "downside" for Cuba in letting in those American tourists. They could be a "plague" for Cuba. Impose their cultural "hegemony." !Ay caramba! View the video here.
  • Barney's Blithering Misunderstanding of Business: 'Your Being There Means Somebody Else' Won't Be

    03/29/2015 7:53:12 AM PDT · by governsleastgovernsbest · 19 replies
    NewsBusters ^ | Mark Finkelstein
    Two days ago I ordered online a used copy of Milton & Rose Friedman's classic "Free to Choose," hoping a liberal loved one would be willing to read it. That doesn't look like it's going to happen, so now I'm tempted to send the book to Barney Frank—since it's apparent that, like many liberals, he doesn't understand the most basic notions of how free markets work. On Steve Kornacki's MSNBC show today, Frank described business creators as being "given privileges." Barney then added this mind-boggler: "there's only a limited amount of space, there's only a limited amount of businesses. Your...
  • What Was Really at Stake in the Israeli Election: Free Enterprise

    03/28/2015 5:07:11 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | March 28, 2015 | John C. Goodman
    In terms of skills and education, Israel probably has the highest level of human capital per person in the whole world. Yet it’s per capita output is mediocre – in the middle of the developed country pack. Why is that? Because Israel has been slow to adopt capitalism. How do I know that? Because Bibi Netanyahu told me that in an interview in Dallas, several years before he became prime minister. Once he became Israel’s leader, he was been able to do something about it. In recent years Israel has become a center for entrepreneurship, innovation and capitalist spirit. But...
  • Paul Tudor Jones Warns This "Disastrous Market Mania" Will End "By Revolution, Taxes, Or War"

    03/19/2015 10:12:30 PM PDT · by Perseverando · 24 replies
    Zero Hedge ^ | March 19, 2015 | Tyler Durden
    "This gap between the 1% and the rest of America, and between the US and the rest of the world, cannot and will not persist," warns renowned trader Paul Tudor Jones during his recent TED Talks speech, as he addressed the question - can capital be just? Hoping to expand the "narrow definitions of capitalism," that threaten the underpinnings of society, Tudor Jones exclaims, "we're in the middle of a disastrous market mania," adding "one of worst of my life." Perhaps most ominously, he concludes, historically this ends "by revolution, higher taxes or wars. None are on my bucket list."...
  • Corporations are the Enemy (Scotus case that would impose same-sex “marriage”)

    03/13/2015 3:49:36 PM PDT · by NYer · 28 replies
    Crisis Magazine ^ | March 13, 2015 | AUSTIN RUSE
    A man I know was a top executive at a major American media company, one of the biggest and most influential in the world. A young man came into his office one day asking to display a rainbow sticker with the words “safe space.” This was a decade ago and this man, a faithful Catholic, felt confident he could demur without reprisal though he could see the veiled threat of being “outed” as less than gay friendly, as a homophobe.But, in these post-Brendan Eich days, it is doubtful my friend would feel as safe to say no because things...
  • Václav Klaus: Our Freedom Is Endangered

    03/12/2015 9:11:17 PM PDT · by Robert DeLong · 7 replies
    Global Wealth ^ | March 12, 2015 | Kelly Diamond
    The best environment for man is the environment of liberty.” – Václav Klaus Liberty is a fundamental human right and the cornerstone of our existence. But in our current world, liberty is being attacked from all directions, whether through higher state control or individuals themselves. Liberty is in search for its protector. Those that value and actively promote the ideals of freedom and liberty are few in such an enclosing environment. In the following article, Claudio Grass, Managing Director at Global Gold Switzerland, ventures into a discussion with one of the vanguards of liberty, former President of the Czech Republic,...
  • Billionaires Want to End Capitalism As We Know It (Richard Branson's new non-profit)

    06/18/2013 4:33:09 PM PDT · by Thoreauaway · 57 replies
    NewsBusters ^ | June 17, 2013 | Mike Ciandella
    Richard Branson, Arianna Huffington and a group of other CEOs and former world leaders have formed a group whose goal is to end capitalism as we know it. The nonprofit, known as “The B Team,” was created to help promote a “better version of capitalism, one that prioritizes people and planet over profit.” This ignores the fact that capitalism is, by definition, motivated by profit. The team, led by Branson and German businessman Jochen Zeitz, calls for drastic changes in how the economy works. These include “new rules and models for the future of business – not incremental ‘change as...
  • Pope Francis: ‘Money Is the Devil’s Dung!’

    02/28/2015 11:15:22 PM PST · by 2ndDivisionVet · 84 replies
    Breitbart's Big Peace ^ | February 28, 2015 | Thomas D. Williams, Ph.D.
    In his address to the Italian Confederation of Cooperatives Saturday, Pope Francis employed muscular language in speaking about money — while acknowledging its importance to business. “Money,” he said, “is the devil’s dung.” “It is not easy to talk about money,” Francis said. Quoting Saint Basil the Great, the Pope said: “Money is the dung of the devil! When money becomes an idol, it rules over a person’s choices. And then it ruins a person and condemns him, turning him into a slave.” The Pope called for “creative imagination” to find new methods, attitudes and tools to combat the “culture...
  • U.N. Official Reveals Real Reason Behind Warming Scare

    02/19/2015 10:19:12 AM PST · by QT3.14 · 17 replies
    Investor's Business Daily ^ | February 10, 2015
    Economic Systems: The alarmists keep telling us their concern about global warming is all about man's stewardship of the environment. But we know that's not true. A United Nations official has now confirmed this. At a news conference last week in Brussels, Christiana Figueres, executive secretary of U.N.'s Framework Convention on Climate Change, admitted that the goal of environmental activists is not to save the world from ecological calamity but to destroy capitalism.
  • Blustery Winds and the Global Warming Scare

    02/15/2015 11:26:03 AM PST · by Sean_Anthony · 16 replies
    Canada Free Press ^ | 02/15/15 | Dr. Ileana Johnson Paugh
    Environmental global warmists and the United Nations: Promoters of communist utopia, unproductive but supposedly “equal”, “socially just” economy A blustery winter Hawk is blowing wind gusts of 60 mph and the temperatures are 15 degrees Fahrenheit below zero. It is not unusual, it is winter time, and the weather has alternated periods of extreme cold and unusual balmier temperatures. The global warmists, of course, are blaming it on man-made global warming. The climate change industry’s golden goose is laying larger and larger eggs to those who stand to gain from this false narrative. And of course, the biggest gainers are...
  • U.N. Official Reveals Real Reason Behind Warming Scare

    02/14/2015 9:02:53 AM PST · by Jack Hydrazine · 70 replies
    Investor's Business Daily.com ^ | 10FEB2015 | Staff Writer
    Economic Systems: The alarmists keep telling us their concern about global warming is all about man's stewardship of the environment. But we know that's not true. A United Nations official has now confirmed this. At a news conference last week in Brussels, Christiana Figueres, executive secretary of U.N.'s Framework Convention on Climate Change, admitted that the goal of environmental activists is not to save the world from ecological calamity but to destroy capitalism.
  • U.N. Official Reveals Real Reason Behind Warming Scare (Destroying Capitalism)

    02/13/2015 11:29:01 AM PST · by Signalman · 11 replies
    IBD ^ | 2/10/2015 | IBD
    Economic Systems: The alarmists keep telling us their concern about global warming is all about man's stewardship of the environment. But we know that's not true. A United Nations official has now confirmed this. At a news conference last week in Brussels, Christiana Figueres, executive secretary of U.N.'s Framework Convention on Climate Change, admitted that the goal of environmental activists is not to save the world from ecological calamity but to destroy capitalism. "This is the first time in the history of mankind that we are setting ourselves the task of intentionally, within a defined period of time, to change...
  • California Let Oil Companies Contaminate Water, Report Says

    02/03/2015 9:28:11 AM PST · by EagleUSA · 4 replies
    Time ^ | 2/2/2015 | Justin Worland
    California state regulators allowed oil companies to dispose of wastewater in clean groundwater supplies for years, according to a new report. The San Francisco Chronicle, citing a review of state data, reports that oil companies built more than 170 waste-disposal wells feeding into bodies of groundwater that could otherwise have been used for drinking or irrigation during one of the area’s worst droughts in centuries. The wells are primarily located in the state’s agricultural Central Valley region, which was particularly devastated by the drought.
  • The real deflate-gate: the depressed state of our union

    01/29/2015 10:16:06 AM PST · by Aspenhuskerette · 10 replies
    The Aspen Times (CO) ^ | January 29, 2015 | Melanie Sturm
    Aired-out uproariously on “Saturday Night Live,” “Deflategate” has been a national fixation since word broke that the New England Patriots used underinflated footballs in their Super Bowl-berth-clinching victory over Indianapolis. The alleged-cheating controversy has even pumped up the loveability of the oft-despised Seattle Seahawks. However, Think Again if you believe Deflategate is merely hot air. Though overblown, Americans’ disquiet reflects our fairness instinct and commitment to equality of opportunity — the ideal that all competitors in the race of life, no matter their status, can succeed on a level playing field. Sensing a slanted NFL field, Seahawk Richard Sherman questioned...
  • Which of the Two Dozen 2016 GOP Contenders is the Right One?

    01/16/2015 4:23:17 AM PST · by Cincinatus' Wife · 38 replies
    The American Thinker ^ | January 16, 2015 | Ron Lipsman
    "....the number of potential contenders for the 2016 GOP presidential nomination exceeds two dozen. It's actually a somewhat ridiculous situation.........Now it is my assertion that the vast majority of GOP politicians over the last century can be classified into one of the following three categories:RINOs–meaning that they do not really believe that progressivism and big government are bad for America–it's just that the Democrats are screwing it up and Republicans should be entrusted with the task of implementing the progressive agenda because they will do it more efficiently and cost effectively than liberal Democrats have or could.CRUELs–that is,confused Republicans who...
  • Newbie Asks a Question: What is "Crony Capitalism"? (Vanity)

    01/11/2015 6:53:29 AM PST · by Regal · 59 replies
    Vanity Question ^ | Jan 11, 2015 | Regal
    I have just recently become an active poster (responder), and have seen the term "Crony Capitalism" used without explanation. Recently I saw the term associated with Communism, which confused me further. A "google" does little to clear things up, particularly in regards to how it might be interchangeable with communism. Can anyone help clear things up?
  • Two Views of Capitalism

    01/10/2015 5:04:32 AM PST · by Kaslin · 10 replies
    Townhall.com ^ | January 10, 2015 | John C. Goodman
    Why are you and I enjoying the bounty of the richest country in the history of the world instead of grubbing around in the forest for roots and berries the way our ancestors did?It turns out people appear to have two very different answers to that question. And it’s not just ordinary people who disagree. Even the experts – economists and historians – disagree. That’s the view of Johnathan Haidt, a social psychologist at New York University’s Stern School of Business. (HT: Tyler Cowan)Haidt says problems that are “tame problems” can be solved by experts. These are problems like: How can...
  • The Pontiff and 'Climate Change'

    01/08/2015 5:07:24 AM PST · by Kaslin · 12 replies
    Townhall.com ^ | January 8, 2015 | Larry Elder
    Move over, radical Islam. Step aside, poverty and political oppression. Pope Francis is expected to soon issue a rare papal encyclical, an official statement about what the pontiff believes is the world's most pressing issue -- "climate change." A month ago, during the U.N. climate change conference in Lima, Peru, the Pope warned of the dire consequences of climate change and declared that the "time to find global solutions is running out." Last October, the Pope said: "An economic system centered on the god of money needs to plunder nature to sustain the frenetic rhythm of consumption that is inherent...
  • Econ book acclaimed by left based on faulty premise, factual errors, study finds

    01/06/2015 4:27:38 PM PST · by Bob · 18 replies
    Fox News ^ | January 06, 2015 | Maxim Lott
    A book by a French economist who became a darling of 99 percenters and his lefty peers is riddled with errors, cherry-picked data and flawed premises, according to two new studies. Thomas Piketty's “Capital in the 21st Century,” which New York Times columnist and Nobel-prize winner Paul Krugman called “the most important economics book of the year — and maybe of the decade,” calls for an 80 percent income tax to stop wealth inequality from increasing. The book earned its author an invitation to the White House to meet with Obama administration Treasury Secretary Jack Lew. ... ... The recent...
  • Remember When Communism Was All the Rage?

    12/31/2014 10:41:28 AM PST · by Kaslin · 21 replies
    Townhall.com ^ | December 31, 2014 | Michael Schaus
    Happy Birthday to the Soviet Union! In 1922, in post-revolutionary Russia, a bunch of commies got together and officially established the Union of Soviet Socialist Republics. Russia, Belorussia, Ukraine and the Transcaucasian Federation called a meeting, and created the world’s first union based on Marxist Socialism… It shaped up to be such a rousing success, Joseph Stalin celebrated by killing 50 million fellow countrymen. During the Russian Revolution of 1917 the Bolsheviks managed to win over the hearts and minds of their fellow commie forces using their message of Hope and Change; which lead to a pretty clear direction for...
  • What I Learned About Capitalism By Walking Into A Starbucks (facepalm satire?)

    12/30/2014 6:50:09 AM PST · by LucianOfSamasota · 40 replies
    clickhole ^ | June 24, 2014 | Carson Selway
    What happens when someone challenges the largest coffee corporation in the world and the capitalist ideals it represents? I recently learned the answer to that question when I walked into a Starbucks and started loudly screaming the word “capitalism” right into the barista’s face over and over again until she was forced to call the police. The experience opened my eyes to some shocking realities about our society. The truth was harsher and more unpleasant than I ever could have expected. “Please stop, sir,” the barista said after I had been yelling “capitalism” for more than eight minutes straight. “You’re...
  • McDonald’s Is Microsoft

    12/29/2014 2:50:24 PM PST · by Mike Darancette · 12 replies
    National Review Online ^ | 12/29/2014 | Kevin D. Williamson
    "The aggregate effect of competitive capitalism is indistinguishable from magic, but we are so used to its bounty that we never stop to notice that no king of old ever enjoyed quarters so comfortable as those found in a Holiday Inn Express, that Andrew Carnegie never had a car as good as a Honda Civic, that Akhenaten never enjoyed such wealth as is found in a Walmart Supercenter. The irony is that capitalism has achieved through choice and cooperation what the old reds thought they were going to do with bayonets and gulags: It has recruited the most powerful and...
  • People’s Climate Summit Finds Culprit in Capitalism

    12/12/2014 1:18:20 PM PST · by Oldeconomybuyer · 23 replies
    Wall Street Journal ^ | December 12, 2014 | By RYAN DUBE
    LIMA, Peru — Wilfredo Saavedra, a former Marxist rebel, led a convoy of some 300 activists from Peru’s northern sierra, wearing an anti-mining T-shirt and Cuban baseball cap. Jim Chomicz, 70, from Birmingham, Alabama, flew here with a church group to learn more about melting glaciers. But for many of their Latin American counterparts, it is all about toppling capitalism, which they blame for the environmental degradation. “Capitalism is the creator of all of these changes to the climate,” said Mr. Saavedra. At a march this week, Ibis Fernández, a Peruvian union leader and organizer of the People’s Climate Summit,...
  • MSNBC Guests on 'Can't Breathe': Capitalism a Key Problem

    12/10/2014 4:02:40 PM PST · by governsleastgovernsbest · 58 replies
    NewsBusters ^ | Mark Finkelstein
    A segment on today's Ed Show was very instructive as to what lies not far beneath the surface for many in the current protest movement. Two guests, discussing Ferguson and Staten Island, agreed that a key problem in America is . . . capitalism. First up was Rosa Clemente, a "hip hop activist" and 2008 Green Party VP candidate: "Capitalism, I think that is the institution all over this country. It is really the oppressive force." Next, Georgetown Prof. Marcia Chatelain, who said that the current moment has revealed "an incredible critique of capitalism that it isn't just police brutality...
  • 20 Signs You Are Living in a Progressive Utopia

    12/04/2014 8:56:01 AM PST · by fredericbastiat1 · 11 replies
    TheBlaze ^ | 2014-12-14 | TheBlaze
    1) When the executive branch has effectively become the legislative branch 2) When the notions of secure borders and national sovereignty are considered thinly-veiled euphemisms for racial hatred 3) When justice means determining a person is guilty before seeing any evidence, then rioting, looting and destroying property when said person does not even make it to trial 4) When those who riot, loot and destroy property are considered freedom-fighters, and those who peacefully assemble are considered radical extremists ... 10) When countries like Egypt and the United Arab Emirates designate the Muslim Brotherhood as a terrorist organization, but yours does...
  • BREAKING: Meet The Rich White Guy Who Is Running the Black Boycott of Capitalism # Ferguson

    11/30/2014 3:54:57 PM PST · by george76 · 33 replies
    Got News ^ | November 30, 2014 | November 30, 2014 by Charles C. Johnson Shannon Knutsen
    There’s a white, rich dude running the black boycott capitalism movement known as United Blackout. His name is Michael Latt and he is the marketing director of United Blackout. “Control how Black money is spent and you win the game,” says United Blackout’s campaign video. And Latt seeks to deliver. ... Latt’s clearly following United Blackout’s advice. He lives the lifestyles of the rich and fabulous on his Facebook page. ... Latt developed the branding and marketing strategy and is the brains behind the website for the BlackOut for Human Rights campaign intended to encourage African Americans to boycott capitalism.
  • Marijuana Dispensaries Are Celebrating Black Friday, Too

    11/28/2014 2:08:30 PM PST · by 2ndDivisionVet · 17 replies
    Slate's Moneybox Blog ^ | November 28, 2014 | Laura Bradley, intern
    For shoppers of age in Colorado and Washington state, the most novel deal this Black Friday isn’t a gadget like the iPhone 6. If what they’re looking for is relaxation, they’re in luck: For their first Black Friday ever, recreational marijuana dispensaries in those states are offering some great deals on weed. “This is one of the first times in the nation that we’re going to be able to do such crazy discounts and specials on marijuana products, and have people 21 years or older be able to come in and join the festivities,” says John Satterfield, a distribution worker...
  • Economic and Religious Freedom: Mutually Reinforcing

    11/27/2014 2:49:24 AM PST · by Cincinatus' Wife · 5 replies
    American Thinker ^ | November 27, 2014 | Samuel Gregg
    If there is one thing we have learned over the past 6 years in the United States, it is the mutually reinforcing nature of different expressions of freedom. No form of freedom--religious, civil, political, or economic--is of course absolute. But unjust infringements (intentional or otherwise) on one freedom can easily result in damage being inflicted upon other spheres of freedom.This is indisputably true, for instance, of religious and political freedom. All totalitarian and most authoritarian regimes usually end up seeking to severely restrict religious liberty. Sometimes this is for ideological or religious reasons. Some religions, for instance, embody very weak...
  • CUNY Professor: Darren Wilson Symbolizes "Racist, Repressive Capitalism"

    11/26/2014 5:29:07 PM PST · by rightistight · 28 replies
    Pundit Press ^ | 11/26/14 | Aurelius
    Deirdre Cooper Owens, a "Queens College, CUNY" professor of History, has taken to twitter to voice her opinions on the decision of a grand jury not to indict officer Darren Wilson in the shooting death of Michael Brown. Dr. Owens states that Darren Wilson represents "racist, repressive capitalism" and that it is impossible for African Americans to receive justice in the United States. Professor Owens oddly does not mention any specifics of the case, or the mountain of evidence that shows that Brown was, in fact, the aggressor in his confrontation with Wilson. Instead, Owens denounces the United States and...
  • Happy Trails (Seavey Bids Adieu; Libertarian-Conservative Entertainment Podcast Continues)

    11/26/2014 11:13:29 AM PST · by OddLane · 3 replies
    American Rattlesnake ^ | November 26, 2014 | Gerard Perry
    All (good) things must come to an end, as the omnipotent, yet enigmatic, interstellar character Q pointed out to the crew of the USS Enterprise during a particularly harrowing flight. As in Gene Roddenberry-created science-fiction epics, so it is in the world of pop cultural podcasting, which is why this month marks the conclusion of my nearly year-long professional collaboration with my good friend Todd Seavey. Even though Todd is leaving for bigger-and hopefully more lucrative-endeavors, the Perry portion of Seavey and Perry on Culture will persist, as I cycle through a diverse cast of witty anarcho-capitalists willing to plumb...
  • Atheist Confession: “I like Pope Francis.”

    11/23/2014 5:16:06 PM PST · by 2ndDivisionVet · 26 replies
    Filipino Freethinkers ^ | November 23, 2014 | Dustin Celestino.
    I’m going to say something many of my fellow secularism advocates would probably not appreciate: I like Pope Francis. Why? I like Pope Francis because, in my opinion, he is more liberal than many liberals. American conservatives already hate him for his seemingly liberal position on many issues. He’s so liberal that Sarah Palin is actually taken aback by what she calls his “liberal agenda.” The Pope is so liberal that writer Damian Thompson, in an article he wrote for “The Spectator,” had to ask if we were in the early stages of a Catholic civil war. Apparently, even Catholics...