Capitalism, properly understood

November 10, 2019 – Jean Vilbert …… When asked why they do not just give their money away voluntarily, some billionaires suddenly decide cooperation isn’t all that great after all. Continue reading →

October 17, 2019 – Antony Sammeroff …… Workers get paid now, but the capitalists only get paid if there is a profit. This is why workers aren’t paid 100 percent of the value of their output. For them, there is far less risk than for the capitalist. Continue reading →

September 18, 2019 – Mark Brandly …… When politicians say “you never had it so good,” they’re taking credit for something they didn’t do. In truth, economic prosperity is due to private savers and entrepreneurs making economic progress possible. Continue reading →

August 7, 2019 – Ryan McMaken …… Competition for wealth and social status was hardly created by the capitalist system. People have always competed for these things. Thanks to capitalism, though, this competition is now less violent, and true poverty is easier to avoid. Continue reading →

May 15, 2019 – David Henderson …… Albert Pujols’s attitude is admirable. He defended a stranger’s property rights. Continue reading →