The interaction of six government policies explains the timing, severity, and global impact of the financial crisis.
Post Tagged with: "capitalism"
Blaming capitalism, the perpetual boogeyman of the left
Capitalism is an economic system. Greed exists in all economic systems because it is a human trait. The problem is people confuse greed with wealth. Greed is defined as the “excessive or rapacious desire, esp. for wealth or possessions.” Self interest is not greed. The normal desire to have food, shelter and protection is not an excessive desire. Capitalism rewards the productivity that results from self interest.
Oregon proves raising taxes on rich lowers revenues
Oregon voted to raise taxes on the top 2% of earners last year and saw revenues drop by one third.
Mises on the solution
Ludwig von Mises on February 28, 1931 provides a better understanding of what is happening today than most contemporary explanations.
Not an Economic Problem, A Constitutional One
Our Constitution was established to limit government, to protect the citizens from government. It allowed all to pursue their own personal interests.
Shelby Steele: A Referendum on the Redeemer
The great weakness of bad faith is that it disallows American exceptionalism as a rationale for power. It puts Mr. Obama and the Democrats in the position of forever redeeming a fallen nation, rather than leading a great nation.
How Economics and Politics, not Capitalism, Failed the Country
Understanding that failed government policies, not market failure, caused our economic challenges is critical to defining the appropriate cures. Since government created the problem, i.e. caused the disaster, it is irrational to believe that more government is the cure.
November’s choice: socialism or capitalism
David Asman tells it like it is. Do you want more centralized control as we move toward socialism or do you want less government interference and more freedom.
Worldview revolution – which side are you on?
Excerpt from Brannon Howse speaking in a talk entitled “The Proof That The Revolution Taking Place in America is a Worldview Revolution” on 11 July, 2010.