Tag: Capitalism

Merit Based and Colorblind

February 17, 2025 Skip

The market economy is the first economic system that makes it profitable to be colour-blind and look for the best supply and the best demand, regardless of who is responsible for it. Of course, it will not make everyone colorblind, but it does so more than otherwise would have been the case (especially in combination … Read more

American Flag original image by by Dave Sherrill on Unsplash

Freedom Is the Only Way to Beat Authoritarianism

December 30, 2024 John Tamny

Andy Kessler writes in his latest Wall Street Journal column that the U.S. “is strong precisely because we don’t all think the same way. New ideas come from new ways of thinking.” Kessler puts it so well. We individuals generally see the present and future very differently, and it’s this very division praised by Kessler that powers so … Read more

America’s Problem with Consumerism Is the Government’s Fault

December 28, 2024 Connor O'Keffee

At the end of every year, as we make our way through the holidays, you’ll hear no shortage of complaints about the rampant hyper-consumerism at the heart of modern American society. And these complaints aren’t without merit. Flip on the TV or walk through any city’s commercial district before Christmas, and it’s easy to get … Read more

Capitalism Defeats Racism

July 30, 2024 Op-Ed

In her essay “Racism,” Ayn Rand argues that racism — which she describes as “the lowest, most crudely primitive form of collectivism” — is incompatible with capitalism and can only be defeated through capitalism. She defines capitalism as “a social system based on the recognition of individual rights, including property rights, in which all property … Read more

Capitalism Versus Free Speech

July 13, 2024 Ed Mosca

In the make-believe, fairy-tale world that people like Joe Sweeney, Ross Berry, Mikey Graham, Drew Cline, the Koch-bots, and the libertarians (an incomplete list) espouse, Big Business ALWAYS acts in their financial self-interest, which ultimately benefits everyone. EXCEPT Big Business does NOT act in such a manner.

No, Corporate Profits Don’t Cause Inflation

May 28, 2024 Op-Ed

The Guardian reported, A new report claims “resounding evidence” shows that high corporate profits are a main driver of ongoing inflation, and companies continue to keep prices high even as their inflationary costs drop. The report, compiled by the progressive Groundwork Collaborative think tank, found corporate profits accounted for about 53% of inflation during last year’s second … Read more

Night Cap: Why Anti-Capitalists are Always Wrong

May 12, 2024 Kensley Vitoria

This author recently wrote about the nature of capitalism in contradiction to its opposing ideology— communism. We echoed Javier Milei’s view that capitalism’s self-correcting mechanisms are not failures. This is akin to being on a bandstand in a jazz band.

Capitalism Never Fails, Only Communists Fail

April 2, 2024 Kensley Vitoria

There is a continuously stronger chorus of voices in the Anglosphere claiming that capitalism has failed.

A rallying cry for decades from the political far left, the critique of capitalism stems from many misunderstandings but mainly from a total lack of awareness of what capitalism actually is and isn’t.

What Exactly is Marxism?

July 28, 2023 Kensley Vitoria

I overheard a conversation between two high school English teachers concerning one of their students’ written journals on class discussions and reflection. The student had voiced in writing pro-Trump remarks decrying socialist and Marxist ideologies that he claimed were virulent in American political ideologies.

Freedom, Protectionism, and Selling The Rope By Which Anti-Capitalists Will Hang Themselves

July 25, 2023 Skip

Economic Freedom: “[E]conomic prosperity comes and goes as adherence to the principles of economic freedom comes and goes.” – John Taylor (First Principles) And this is because we elect those that promise much that Government will do for them while never saying that the tradoff is the reduction in Freedom for how you can … Read more

Light buble filament original Photo by Alessandro Bianchi on Unsplash

Enlightened Capitalism

July 15, 2023 Kensley Vitoria

The events of the past decade have underscored one clear reality, corporations are overly greedy and must be checked by governments. Indeed, that is the sole purpose of good government when it comes to overseeing the marketplace— to prevent large corporations from preying on the citizens.

Another Anti-Capitalist Communitarian Cafe Goes Out of Business

July 11, 2023May 17, 2023 Steve MacDonald

If you didn’t know, I have extensive experience with how razor-thin the margins are in the restaurant business. While the closure of this communitarian cafe is unfortunate, it serves as a reminder of the business risks involved in running a café.

dialogue-window word bubble quote bubble Image by OpenClipart-Vectors from Pixabay

Blogline of the Day – Socialist/Communist Hypocrisy

February 1, 2023February 1, 2023 Skip

It’ll Cost You $95 to Hear Bernie Sanders Tell You Why Capitalism is Bad

Yeah, right. This is the guy that has always advocated for Government to be bigger and more intrusive, has said that if he had the power, he’d get rid of all charities (Government should do EVERYTHING), and honeymooned in Moscow.

Disqus Doodlings – A Full on Assault and Defense of Capitalism vs a “Guided Economy”

December 22, 2022 Skip

Yep, I have a few of these to catch up on. What started as an observation by TreeHugger author Lloyd Alter that Germans were “gamifying” the use of less energy (“Germans Are Competing With Each Other to Save Energy“), my first thought was “oh, competing to see who could have a worse standard of living … Read more

ajoe abiden twitter screen grab - Screen Grab Twitter

Joe Biden: “I’m a Capitalist “

November 2, 2022 Ray Cardello

The speech that Joe Biden delivered on Monday afternoon angered me beyond belief. I try to stay level-headed as I analyze and write about a specific event or topic, but Joe Biden has pushed me beyond the limits. I am pissed.

Dear Mr. Ibram X Kendi, I Hope This Email Finds You Well.

June 21, 2022 Op-Ed

Dear Mr. I X Kendi,

I hope this email finds you well.

With regularity, I have read of your striking perspective on antiracist politics. I would like to address some points with you directly.

Grayscale Photo of People at Market by Danilo Ugaddan Pexels Free to use

Notable Quote – Consumers Determine the Marketplace

May 20, 2022 Skip

Socialists and Democrats (but I repeat myself) always lambast Big Business as the Evil component of capitalism. They forget: On the market of a capitalistic society the common man is the sovereign consumer whose buying or abstention from buying ultimately determines what should be produced and in what quantity and quality. Those shops and plants … Read more

DISQUS Doodlings: Socialism Disavows Individual Responsibility – The Old “Makers vs Takers” Connundrum

May 17, 2022 Op-Ed

Note: No, not me this time but from “Vindaloo Bugaboo”, also a frequent commenter at Treehugger who would fit in well here at GraniteGrok. I liked what he wrote at one of TH those posts and asked if he’d “translate” it for GraniteGrok. And no, I had no input in that commenting series as he was doing so splendidly well!

As a child, one of my favorite bedtime stories my mum would read me was the 1974 Scholastic Books classic, “Little Red Hen” by Paul Galdone.

Notable Quote – So What Do Property, Prices, and Profit Have to Do with Each Other?

May 14, 2022 Skip

Absent the three Ps of property, prices, and profit and loss, individuals will be devoid of the incentives and information required to continually innovate and coordinate their plans to realize the gains from trade and the gains from innovation.

Women_in_stocks_at_Turku_Medieval_market_2015 WikiCommons under license - CC BY-SA 3.0

They Shoulda Just Left James Cromwell There, Self-Super-Glued to the Starbucks Counter

May 13, 2022May 12, 2022 Skip

I put this into the same category as “if they are threatening to kill themselves via a hunger strike, gimme a lawn chair, popcorn, and a great prime rib steak.”