Tag Archives: capitalism

The Morality Of Capitalism

In an op-ed piece for the Washington Post, Steven Pearlstein suggests that the nation is caught up in a historic debate over free-market capitalism and poses the question:  is capitalism moral? Pearlstein points out that over the last thirty years, the experiment with communism has been “thoroughly … Continue reading

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Serving People

The Washington Post is reporting that Jay Rockefeller, senator from West Virginia, will not seek reelection after serving almost 30 years in that position. It surely has to be reckoned as a flaw of democracy when voters of a state or … Continue reading

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Obama’s Philosophy Of Government

With the election rapidly approaching, liberals are working to convince voters to support Obama. Some of the arguments amount to nothing more than saying that Obama is the candidate most likely to put and keep 315 million Americans squarely under the thumb of centralized government. … Continue reading

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Heavy Taxation Of The Wealthy

Richard Posner is one of the great jurists and legal scholars of our time. No matter what topic (he is a prolific writer on many subjects), Posner can be counted upon to make thoughtful and interesting arguments, usually from a … Continue reading

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Break Up The Big Banks

There may be some hope for the economy after all, but only if Romney wins the election and takes George Will’s advice to break up the big banks. The top ten banks now account for 61% of the commercial banking assets in … Continue reading

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Mob Rule

According to Slate’s Raul Gallegos, Hugo Chavez has run Venezuela’s state run oil company into the ground to the point where it is now paying its suppliers with IOUs. Gallegos characterizes this as a lesson in “oil wealth mismanagement,” but I think it can also … Continue reading

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Saving American Capitalism

Steven Pearlstein’s long, rather useless article (doesn’t even mention Hayek or Friedman) about saving capitalism contains several questionable comments. For example, he suggests that conservatives reject the notion that it “takes a village to create a successful company.” This is a straw man; everyone knows that we live … Continue reading

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