This comes to us from a post at FEE (The Foundation for Economic Education) that features Mike Rowe (of “Dirty Jobs” fame). It talks about the real damage caused by the minimum wage.
Articles tagged as
Capitalism
“In his own self-interest”; Capitalism encourages altruism
It may be the most common criticism of free enterprise, the economic system that has produced more wealth spread across by far the widest portion of people in all of human history: It’s all based on selfishness and greed.
Defense of Free Markets
There has been way too little defense of free markets. There are many ways in which business elevates humanity. Capitalism is based on doing things for others, things others find value in. Innovation and value creation are inherent in free-market capitalism.
UN Sustainable Development Goals – Determined to Stamp Out Free Will
Want to live under one World Government? The United Nations’ Sustainable Development Goals are a bold attempt at just that. They aim at achieving equality on a global level. They are noble goals: Zero hunger. Zero poverty. But they would also mean zero freedom too.
What America Represents … Facing the End
What America represents is the freedom and opportunity to which all people should aspire. America is the nobility of our accomplishments in history. How far we have come from small groups in wooden boats.
Black Lives Matter – BLM Leaders Saying what they Really Are
When the real “peaceful protests” started to not be peaceful at all, and when you couldn’t tell the BLM rioters from the Antifa ones, we shouldn’t have been surprised. I try to take people at their word when they are saying something “important” (as opposed to noticeably just joking around).
Here are some of the more persistent socialism myths and information to debunk them.
We are seeing many socialist ideas gaining traction in America today. Polling shows about 70% of millennials say they would back a socialist candidate for elective office. This is troubling because of what socialism is and what it produces.
Socialism is Based on Greed – Capitalism is Based on Serving Others
Capitalism is based on one and only one thing – serving others. Capitalism, or you as a capitalist, cannot succeed unless you are serving customers’ needs or wants. Period.
Democrat National Committee Panelist – Our Aim is the Destruction of Capitalism
No longer does the question “What is the difference between a Democrat and a Socialist” have any relevance. There are none. One only has to understand what the Black Lives Matters movement has openly said about Capitalism and that the three founders are “trained Marxist.”
Notable Quote – Main Difference Between Capitalism and Socialism
On the main difference between capitalism and socialism, other than “Who Chooses?”: Socialism’s failure, and capitalism’s relative success, has much more to do with capitalism’s capacity to generate economically relevant knowledge.” -Kristian Niemietz (Socialism: The Failed Idea That Never Dies)
Bernie’s “Make Billionaires Pay Act” Proving “Taxation is Theft” Really is a Thing
The operative question should always be: “Who Chooses?” You or someone whose decision you will have to follow? “Taxation is Theft” is but one answer to that question.
“If You’re Against Racism, Then You Should Be a Capitalist”
“Capitalism can’t stop people from being racist but it makes them pay a price for it.” And if you don’t believe that quote, listen to the entire video for the context behind it. Are you listening, Black Lives Matter allies and adherents? This is VERY MUCH worth your time!
Notable Quote – Nathan Rosenberg
Capitalism has provided multiple sources of decision-making and initiative, strong incentives for proceeding one step at a time, and the possibility for drawing upon a wide range of human potential – all valuable features of activities that are carried out in an environment of high uncertainty.
DISQUS Doodlings – No, bartering never left the economic scene
Will the pandemic bring back bartering? The short and to the point answer is: it never went away. Our economic systems started with it and it has continued to this day: two people eyeing what the other person has, figuring out the relative values of each thing, and then trying to do a swap of “equal” value.
Free Market Pivot: From Making Undewear to Making Surgical Masks
The National Council of Textile Organizations says the coalition is committed to producing 10 million face masks a week. This is an example of capitalism doing good by nimbly pivoting to make a product that benefits others. Last week they made underwear, this week it is personal protective equipment.
The Ability to Say ‘no’ vs You WILL ALWAYS Say “Yes”…
The ability to say ‘no’ vs you WILL ALWAYS say “yes.” That is to say: Capitalism vs Socialism/Statism: who gets to make the choice for you? You or the Government? Emphasis mine
Notable Quote – Richard Wagner
A word to Bruce Currie, a frequent liberal commenter here at the ‘Grok whokeeps on insisting that a marketplace can ONLY exist with Government overseeing and regulating it. So, how is it possible for democracy to conflict with liberty? Democracy is a scheme for governing human interaction. But so is liberty, which is a system … Read more
Bernie and AOC keep saying “Democrat Socialism” is different than plain Socialism. It isn’t
It comes down to “Who Chooses”? With Socialism, in that everything is owned by “all” and the majority ALWAYS overrules the minority (and the smallest minority is YOU), the Government chooses (whether you like it or not). You are only a cog in a collective. With Capitalism and our Representative / Constitutional Republic, that adheres … Read more
Thoughts on the Democrat bat-wielding, shiv-shoving, face-slapping slugfest Debate. HAPPY TIMES!
30 seconds into it, I was already crying from laughter. THIS was a Democrat version of the WWE’s WrestleMania. Verbal fists were flying, back kicks were landing in nether regions – everyone finished with black&blues, scratches, and more than a few limping off the stage. As a Conservative, it was GLORIOUS! No, I didn’t watch it … Read more
DISQUS Doodlings – Eco-Socialist is Angry at his Capitalist Brother’s Success
Peter D. Mare has issues and they don’t just lay in the realm of economic theory. He seriously has brother anger. However, he comes off as certainly being an eco-Socialist. Eco because he’s at Treehugger and Socialist for his world-class envy outlook.