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

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 →

State Capitalism? No, The Private Sector Remains the Driver of China’s Economic Growth

December 31, 2019 – Dr. Rainer Zitelmann …… In truth, China is a mixed system that combines capitalism and socialism — just like every other country in the world. Continue reading →

The Myth That People Work Harder Under Capitalism

December 29, 2019 – Barry Brownstein …… Capitalism has been the great engine of unimagined prosperity and unimagined improvements in worker conditions. Continue reading →

The Driving Force of Free Markets Is Empathy, Not Greed

December 4, 2019 – Dr. Rainer Zitelmann …… Only the entrepreneur who prioritizes other people’s needs can be successful. Continue reading →

Free Markets Promote Those Who Peacefully Improve Others’ Lives

December 1, 2019 – Gary M. Galles …… By enriching most those who are most productive, capitalism makes those they deal with more fit for survival, as well. Continue reading →

When Billionaires Want to Get Rid of Capitalism

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 →