Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “capitalism”

Entrepreneurship in Trouble

Carly Fiorina, former CEO of Hewlett-Packard and founder and CEO of Carly Fiorina Enterprises, discusses small business, regulation and the overall health of the economy. “There are fewer small businesses starting and more failing right now than at any time in the last 40 year,” she says. The Wall Street Journal reports

Obama Against Entrepreneurs

Have you heard the latest mind-blowing statistic about the Obama economy? There are now more Americans getting “food assistance” checks (101 million of them) than people working in the private sector (97 million). Who’s going to pay those bills, Mr. Obama?

Specialization and Trade

Prof. Carden is able to mow his lawn, build a fence, and install a faucet all at one time. How? He does it by employing others to do this work for him. He uses the money he earns doing what he does best and hires people to do this work for him because that is what they specialize in doing. This is an example of specialization through trade. H/T Learn Liberty

Capitalism and Imperialism

Although many conflate capitalism and imperialism or think the two systems are closely connected, they are actually quite different, even at odds with one another. Capitalism is a system based on voluntary exchanges that benefit all of the parties involved. In contrast, imperialism is based on exploiting the poor through political power and military force.

Prof. Stephen Davies shows that capitalism has been blamed through the years for a number of catastrophes—such as political corruption, exploitation of the poor, mass famines and others—that were in fact a result of imperialism. H/T LearnLiberty

Wonderful World of Capitalism

This 1950s cartoon shows how the middle-income consumer became the ‘dominant economic personality’ of the mid-century United States. H/T Instapundit

What’s Right with Social Justice

Do free market advocates care about the plight of the poor? In this video, Professor Matt Zwolinski from the University of San Diego argues that both free market advocates and social justice proponents can agree that the rules of a just society should work for the maximum advantage of its poorest members. They differ, however, mainly on HOW to achieve the best results for the poor.

A World Without Capitalism

Lots of leftists these days are down on capitalism, but how many of these pampered protesters have really thought through their positions? Step into an alternate reality where capitalism doesn’t exist, and everyone’s free to scrounge for government handouts of coffee and gruel, and to dodge the riot police. This mix of It’s A Wonderful Life and Groundhog Day was created by the Fund for American Studies. H/T IMAO

Obama’s Waterloo

“If you’ve got a business, you didn’t build that. Somebody else made that happen.” So said President Obama July 13 in a speech at Roanoke, Virginia. And with those words, he cast aspersions on all of America’s business owners, denigrating their hard work, intelligence, leadership and vision, implying whatever they accomplished, got served to them on a silver spoon. Obama’s administration has been openly hostile to businesses from the get-go, imposing vast reams of regulations that have contributed to the country’s economic malaise and abysmal job-creation record. But by so nakedly expressing the anti-capitalist ideology behind his policies, Obama has met his Waterloo.

O’Rourke Weighs In

Why the free market is a bathroom scale. Thoughts of satirist P.J. O’Rourke from his book DON’T VOTE! IT JUST ENCOURAGES THE BASTARDS.

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