Tag: "capitalism"

Assessing Piketty’s “Capital in the Twenty-First Century”
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Assessing Piketty’s “Capital in the Twenty-First Century”

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His mistakes are fundamental and pervasive.

The Koreas at Night, 30 January 2014
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Always Earth Hour

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Earth Hour: dumbest idea ever?

Stethoscope-Money
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The War Against Work and Wealth

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Our standard of living depends on the production of wealth.

Ebenezer Scrooge: Christmas Eve Conversion
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Ebenezer Scrooge: Christmas Eve Conversion

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“I will honour Christmas in my heart, and try to keep it all the year.”

Snippets From an Exhortation:  The Anti-Modernism of Pope Francis
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Snippets From an Exhortation: The Anti-Modernism of Pope Francis

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The narrative that has been played out since the election of Jorge Bergoglio is one of a Pope ready to overturn all the doctrines of the Church , ordain women priests, change the teaching on marriage and homosexuality, and generally turn the Catholic Church into a minor caucus within the Democratic Party. This narrative was […]

Juan Perón, June 4, 1946
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Don’t Cry For Me, America: Comparing Argentina And The United States

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If we fail to preserve the institutions of the republic, the American dream will be in grave danger.

What's Wrong with Crony Capitalism
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What’s Wrong with Crony Capitalism

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Thanks to a renewed interest in the works of Ayn Rand and high-profile figures like John Stossel, Glenn Beck, and Rand Paul, libertarianism is enjoying a moment in the political sun. And just like America’s two major parties, libertarians can often be blind to faulty logic and flaws within their own ideology. Timothy P. Carney […]

A Book That Changed Reality
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A Book That Changed Reality

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Nineteen eighty-two was not a happy year for freedom. A severe and protracted recession gripped America. Many were beginning to wonder if Ronald Reagan was going to be a one-termer. Unemployment in Britain hit a postwar high. Across the Channel, François Mitterrand was busy nationalizing banks and raising taxes. Daniel Ortega’s Sandinistas were firmly in control in […]

"Story of Stuff" Videos Aim Stealth Indoctrination at Students
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“Story of Stuff” Videos Aim Stealth Indoctrination at Students

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Yesterday, I noted a sure sign that summer is nearly over: There were commercials on TV for ingredients to make school lunches. Already, the folks at Oscar Mayer are offering suggestions for how to make a lunch that kids will find nutritious and delicious, though they don’t offer any advice in the ads on how […]

Corrupted Capitalism and the Housing Crisis
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Corrupted Capitalism and the Housing Crisis

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To say that our public discourse today stands in need of some improvement is undoubtedly an understatement, but perhaps no area of our common life requires more careful consideration than our political speech. All too often we find public discussions of political economy cast in stark terms, such as “socialism” versus “capitalism.” Very often these […]

Distributism and the Current Crisis, Part 1: The Scale of Government
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Distributism and the Current Crisis, Part 1: The Scale of Government

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Discussions of what to do about the current crisis commonly take the form of an argument between “socialism” and “capitalism.” However, such a discussion is flawed in both of its terms. Real socialism collapsed in 1989, and few would want to return to that horrific system. What is less well understood is that pure capitalism […]

Capitalism as an Unnatural System
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Capitalism as an Unnatural System

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Ever since capitalism made its appearance in the late Middle Ages and came to dominate both production and politics in the late 18th century, there has been a vigorous debate on just what the nature of capitalism is. Central to these debates has been the question of capitalism’s relationship to the state, and particularly the […]