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.
Articles tagged as
Capitalism
Dear Mr. Ibram X Kendi, I Hope This Email Finds You Well.
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.
Notable Quote – Consumers Determine the Marketplace
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
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?
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
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
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
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)
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
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
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
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?
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.
Chris Sununu – ‘Capitalist Hero’
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.
“Socialist Magazine Founder Fires Staff for Socialist Organizing, Confesses He Felt Ownership of What He’d Made”
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?
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
Is Capitalism Evil?
The cover page of the July 4th Union Leader read, “Poetry Returns with a Slam,” headlining the return of Slam Free or Die, a poetry club that had not met in person since the beginning of the COVID lockdowns.
If You Want the Poor to be Richer, Socialism Can’t do That!
Do you want to be in charge of your own economic choices, or are you in favor of others making those choices without your input? That’s really what’s at stake and what Friedman points out here.
Notable Quote – May I Serve You?
Capitalism cannot just be summed up as voluntary acts of transaction in which both sides believe they have received the greater value.
TreeHugger Letting the Mask Drop – Are You a Subject or a Citizen? Part 2
Equality or Equity? This really is THE defining moment and point of the day. Normal Americans believe in the real history of how this Country was birthed and the Principles upon which we stand.