Capitalism, properly understood Archives — News From London, Ontario, And Beyond

How Capitalists Serve the Public Interest

September 8, 2020 – Antony Sammeroff …… Many view “the rich” as people sitting on sacks of money doing nothing with it. The truth is capitalists use capital to produce goods and services which benefit the public. Continue reading →

Oprah’s Extraordinary Life Shows America Is No ‘Caste System’

August 17, 2020 – Jon Miltimore, Dan Sanchez …… Isabel Wilkerson’s new book “Caste: The Origins of Our Discontents” is receiving rave reviews. But do the book’s controversial claims hold up? Continue reading →

Governments Have Crippled the World’s Economies. Revolution May Soon Follow.

June 8, 2020 – Thorsten Polleit …… Mises knew: “Mass unemployment destroys the moral foundations of the social order. The young people…forced to remain idle, are the ferment out of which the most radical political movements are formed.” Continue reading →

Well Done, Billionaires

May 10, 2020 – Kerry McDonald …… Billionaires contribute daily to the “common good”—not only through charity, but through human ingenuity and the progress and prosperity that produces for all of us. Continue reading →

How the Left Is Trying to Blame Capitalism for COVID-19 Deaths

April 8, 2020 – Bradley Thomas …… The Left conveniently ignores dozens of state-dominated and state-controlled medical systems and decides that the lack of preparedness for COVID-19 was all the fault of those small slivers of healthcare systems that are actually private. Continue reading →

Why the Pilgrims Abandoned Common Ownership for Private Property

March 4, 2020 – Lawrence W. Reed …… The first few years of Plymouth colony were fraught with hardship and hunger. Economics had a lot to do with it. Continue reading →

Why the Brightest Future Depends on Market Chaos

February 28, 2020 – Maciek Chwalowski …… Let the market chaos reign to make us and future generations richer and better off beyond our dreams. Continue reading →

Why Democracy Doesn’t Give Us What We Want

February 7, 2020 – Gary M. Galles …… Uncritically holding democracy out as an ideal overlooks the question of whether market democracy or political democracy better serves citizens. Continue reading →

Pope Francis Owes It to the Poor to Be More Informed about Markets

January 28, 2020 – Antony Davies, James R. Harrigan …… For the sake of the poor, it’s time for Pope Francis to get a better understanding of basic economics. Continue reading →

What the Survival of the Fittest Tropes Get Wrong — and Right

January 26, 2020 – Gary M. Galles …… The Darwinian imagery of the survival of the fittest people was emphasized not by capitalism’s proponents, who recognized its dramatically un-Darwinian results, but by capitalism’s opponents. Continue reading →