Capitalism Magazine features over 9,000 pro-capitalist articles that are free to read & share.
Capitalism is the social system recognizing individual rights, founded on a philosophy based on reason, egoism & freedom, that results in peace, progress & prosperity for all.
MARKETS
Can Capitalism Survive? 80 Years After Schumpeter’s Answer
Eighty years ago, in the midst of the Second World War, Austrian-born economist Joseph A. Schumpeter published one of his most famous books, Capitalism, Socialism, and Democracy (1942). A central question that he asked and tried to answer was, “Can Capitalism Survive?”
Interventionism vs Capitalism: On The Proper Role Government (1 of 4)
A famous, very often quoted phrase says: "That government is best, which governs least." I do not believe this to be a correct description of the functions of a good government. Government ought to do all the things for which it is needed and for which it was...
The Intellectual Assault on Economic Activity and Capitalism, Part 2 of 2
Economics proves the existence of a harmony of the rational self-interests of all participants in the economic system—a harmony which permeates the institutions of private ownership of the means of production, economic inequality, and economic competition.
Socialism: Inability of Economic Calculation (4 of 4)
The fact is that economic calculation, and therefore all technological planning, is possible only if there are money prices, not only for consumer goods but also for the factors of production.
The Intellectual Assault on Economic Activity and Capitalism, Part 1 of 2
Capitalism is denounced as “an anarchy of production,” a chaos ruled by “exploiters,” “robber barons,” and “profiteers,” who “coldly,” “calculatingly,” “heartlessly,” and “greedily” consume the efforts and destroy the lives of the broad masses of average, innocent people.
The Centenary of Ludwig Von Mises’s Critique of Socialism
Ludwig Von Mises’s devastating critique of why a socialist economic system must always be inferior to capitalism.
WORLD
COVID Policy Reinforces Chinese Communist Party Tyranny
The Chinese were long used to authoritarian social controls, but popular anger exploded at the imposition of brutal totalitarian restrictions.
Europe’s Energy Worries Grow
Europe’s energy shortages – exacerbated by Russia’s invasion of Ukraine – were originally caused by low wind resources, increased demand from COVID lockdowns, and cut backs of natural gas by Russia. Despite putting Europeans in energy poverty, the EU and UK are keeping to their energy transition rushing into wind and solar power, rather than using domestically produced oil, natural gas, and coal.
The Corruption of the World Health Organization
The WHO’s staff are comfortable with ensuring the people they were charged to support are increasingly impoverished and their rights and health autonomy removed. They are not just resigned to the abandonment of basic public health principles and ethics, but actively working to undermine them.
Europe’s Energy Transition: Fraught with Complications
Biden’s America Mimics Europe’s Goals and Regulatory Actions
The Failure and Motive of Biden’s Dribs-and-Drabs Tactics in Ukraine?
If winning is not the goal, the war is already lost, and Putin’s dictatorial power will be further enhanced. It will prove that the U. S. and NATO actually are weak and ineffectual.
What is U.S. President Biden’s Goal in Ukraine?
As Ayn Rand has said, “Morality is the strongest of all intellectual powers.” To Putin, his “moral” crusade is far more important than Russia’s GDP.
SCI-TECH
Rethinking Uranium Imports Amid Price Increases
Despite the United States having vast uranium resources, more than 90 percent of the uranium used in the United States is imported. Further, the United States no longer has an operating enrichment plant. As a result, the U.S. relies on Russia and its allies Kazakhstan and Uzbekistan for almost 50 percent of its enriched uranium needs.
What Is the Best Way to Manage Climate Danger?
The best way to manage climate danger is climate mastery.
Harmful for Human Flourishing on Earth: The Moral Case Against ESG Investing
Using ESG investing to replace them harms both people and the environment, as there are no readily available alternatives for the 80% of the world’s energy that currently comes from oil, coal, and natural gas.
Biden’s Energy Contradictions Continue
Biden’s attempt to double renewable capacity on federal lands may fail due to his over-zealous actions to stop new oil and gas development.
Who’s Wrong About Carbon Pricing?
we have deep and abiding question marks surrounding how much harm we can credibly attribute to each ton of greenhouse gas emissions.
Solar Microgrid Failure in India
“In the first three years, it worked well and people were using it. But after three years the batteries were exhausted and it was never repaired.”
Politics
How the Biden Administration and the Global Anti-Fossil-Fuel Movement Caused an Energy Crisis and Inflated Our Cost of Living
Testimony for the Congressional Off-Site Hearing: “Addressing Bidenflation and Biden’s Energy Crisis.”
The Purpose of Memorial Day: Honoring Virtue
The greatest soldiers of American history knew that freedom was sacred; no price paid on its behalf was a sacrifice.
Memorial Day: What We Owe Our Soldiers
To send soldiers into war without a clear self-defense purpose, and without providing them every possible protection, is a betrayal of their valor and a violation of their rights.
Chronology of Biden’s Gasoline Price Hike
By the end of February 2022, average national gasoline prices were 66 percent higher than December 2020, averaging $3.592 a gallon for the month.
Rent Selling Countries are More Corrupt and Less Wealthy
Cronyism isn’t a brand of capitalism, but a symptom of hybrid systems. The root problem of cronyism isn’t one of demanders who bribe, but of suppliers who extort.
Why Won’t Government Central Planners Admit Failure?
Few things are more dangerous to the future of humanity than a failed and humiliated ruling class that still possesses power.
LAW
Abortion Rights are Pro-Life
Abortion-rights advocates should not cede the terms “pro-life” and “right to life” to the anti-abortionists. It is a woman’s right to her life that gives her the right to terminate her pregnancy.
No Time to End the Filibuster
While one political group may not benefit from the filibuster on a current issue, they may find it very valuable protection in the future. Senator Warren be warned: You may not like the consequences of your campaign.
The Right to Abortion as an Application of Individual Rights
Both sides in the abortion debate invoke the principle of “rights.” Anti-abortionists claim to uphold a “right to life”; Pro-choice advocates a woman’s “right to abortion.” Neither side holds a rigorously defined theory of rights.
How Government Created the Baby Formula Shortage
—and a Black Market for ‘Unapproved’ European Imports.
Lessons from a Review of A Declaration and Constitution for a Free Society
Professor Brian Simpson answers arguments against using Ayn Rand’s philosophy Objectivism as the basis for improving the Declaration of Independence and the U.S. Constitution.
Robert Reich (and Fauci) are Wildly Wrong About Judge Mizelle’s Ruling Against the CDC’s Mask Mandate
Robert Reich skates alarmingly close to implicitly endorsing a totalitarian proposition that Fauci recently endorsed explicitly – namely, that government-employed public-health bureaucrats are above the law.
CULTURE
Tribalism’s Big Lie
Embrace the reality of a common humanity shared with all. We descend into primitive tribal thinking at our peril.
“Gender-Affirming Care”: On The Transgender Transformation of Children
The role of a parent is to protect his child from harm, teach him how to think and make good choices, identify reality, help him understand long-range consequences, and help him to understand that his feelings are not superior to reason.
Sex and the Schools, or, An Essay You Don’t Want to Read
Sex in the schools—by which I mean the sexualization of children on issues related to sexual orientation and gender identity—is America’s twenty-first-century kulturkampf.
Alex Epstein’s “Fossil Future: Why Global Human Flourishing Requires More Oil, Coal, and Natural Gas—Not Less”
Alex Epstein’s book, Fossil Future, is a brilliant antidote to the assault on fossil fuels. Its theme is that fossil fuels are one of the greatest benefits to human civilization ever and that there is, for now, no viable substitute.
Netflix Delivers Salvo for Free Expression
With Nine Little Words to Employees: ‘Netflix May Not Be the Best Place for You.’ Netflix is no longer trying to please everyone, and that’s a win for free expression.
Let’s Cancel Student Loans – Not Forgive Them, But Cancel the Program
Higher education in the US is bloated and dysfunctional because federal meddling turned it into a mass entitlement. Turn off the federal spigot and it will rapidly improve.
ABORTION
Abortion Rights are Pro-Life
Abortion-rights advocates should not cede the terms “pro-life” and “right to life” to the anti-abortionists. It is a woman’s right to her life that gives her the right to terminate her pregnancy.
The Right to Abortion as an Application of Individual Rights
Both sides in the abortion debate invoke the principle of “rights.” Anti-abortionists claim to uphold a “right to life”; Pro-choice advocates a woman’s “right to abortion.” Neither side holds a rigorously defined theory of rights.
Free Abortions vs. Abortion Freedom
If support for reproductive rights is so strong, why won’t Democrats run on a promise to pass legislation to make abortion unambiguously legal?