Capitalism Archives - Page 2 of 7

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

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.

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.”

Notable Quote – Capitalism Requires Both Individual Freedom and Respect for Private Ownership

April 26, 2022 Skip

Capitalism is an economy based on decentralized private ownership of resources and open markets; “based on” means that private ownership rights are acknowledged and respected. Most members of society must feel a duty to respect the private rights of others. Ownership rights must be exercisable without fear, ridicule, or disrespect from other members of society. … Read more

Notable Quote – Only Capitalism Puts the Individual Foremost. Everything Else Puts the State First

March 16, 2022 Skip

As Hayek frequently repeated, many intelligent and informed people of his day had been taken in by the claim that National Socialism was the next logical and historical phase of a collapsing capitalism. His point, one that most would accept today as evident, was that fascism and communism both represent totalitarian systems that have much more in … Read more

Notable Quote – Don’t Let Socialists Define What Capitalism (As in “Greedy Corporations” and Profiteers)

March 8, 2022 Skip

Achieving profits is a condition of survival. Consumers leave no alternative for producers. If the products don’t satisfy consumers, producers won’t cover costs and won’t survive. The drive for profits is compelled by consumer preferences for better or more economically produced goods. Over time, competition displaces less satisfactorily performing producers – those who don’t earn … Read more

One-Party Rule and Socialism Did Not Get China Where It Is Today

March 20, 2022February 20, 2022 Kensley Vitoria

The so-called global West has been defined (roughly) since the end of World War II, as the group of countries composing NATO’s member states. This is led by the United Kingdom, the United States, and France.

Notable Quote – Socialism provides no such Incentives

February 6, 2022 Skip

Capitalism provides many with the opportunity to display initiative. While the rigidity of a status society enjoins on everybody the unvarying performance of routine and does not tolerate any deviation from traditional patterns of conduct, capitalism encourages the innovator. Profit is the prize of successful deviation from customary types of procedure; loss is the penalty … Read more

2022 Shaping Up to be a Wave Election in New Hampshire … A BLUE Wave

October 28, 2021 Ed Mosca

Following a Presidential election, the Party out of power is supposed to win … or at least perform better than expected … in “special elections.” We have seen that happening everywhere across the country … EXCEPT in New Hampshire.

Notable Quote – Capitalism Hasn’t Been “Unfettered” for Decades; Perhaps We Should Try It?

October 19, 2021October 18, 2021 Skip

Once capitalism is seen as a profit-and-loss system, with everyone at the mercy of the sovereign consumer’s whims as he balances one marginal desire against another, the incidence of anticapitalistic criticism must shift.

Read more

Chris Sununu – ‘Capitalist Hero’

October 15, 2021October 14, 2021 Op-Ed

Wednesday’s Executive Council meeting was noteworthy. Our Governor confused Socialism with Capitalism and our ill-prepared Executive Council failed to disabuse him of that mistake.

Socialists Guaranteed to slaves Ronald Reagan vis eBaums world

“Socialist Magazine Founder Fires Staff for Socialist Organizing, Confesses He Felt Ownership of What He’d Made”

October 10, 2021 Skip

A socialist starts a socialist magazine, hires more Socialists that are “down with the Cause,” and then faces a revolt when his Socialist workers try to make it a “workers co-operative” and fires them. This is beyond hysterical.

Notable Quote – Have Progressives already beat the Free Market into submission? Have we moved into Fascism controlled markets?

October 1, 2021 Skip

Reformatted, emphasis mine: In the interventionist state it is no longer of crucial importance for the success of an enterprise that operations be run in such a way that the needs of the consumer are satisfied in the best and least expensive way; it is much more important that one has “good relations” with the … Read more

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