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.
WORLD
Europe’s Energy Crisis Should Not Be Emulated in the United States
Europe’s move toward decarbonization 30 years ago has resulted in skyrocketing energy prices, the need for severe conservation, possible rationing that could shut down entire industrial sectors and likely future blackouts.
Sri Lanka: An Unnecessary Tragedy
Sri Lanka’s collapse reveals the painful consequences of ignoring the fundamental realities that govern energy, food production, and human civilization.
Biden Administration’s “Partnership for Global Infrastructure & Investment (PGII)” Should Be Aborted
How To Defeat China Economically? Don’t Follow Its Worst Practices
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.
SCI-TECH
Boom in U.S. Oil Production Since 2008 Saved American Motorists Over $2 Trillion
It’s great to see the White House recognize that increased oil production leads to lower prices. Their math, shows that increased domestic oil production has saved $2 trillion since 2008 and currently about $2 a gallon at the pump.
The Ins and Outs of Covid Vaccine Safety
Whatever the truth is, we need to convincingly determine whether there is a problem or not and make that evidence public. Rather than the CDC and FDA feeding the public with inferior VAERS data that cannot answer the question, Americans deserve to be presented with solid evidence from the superior VSD and BEST systems.
Manchin and Schumer’s “Inflation Reduction Act of 2022” Green New Deal & Climate Sections
Senator Joe Manchin, in a 180-degree about-face, agreed on a slimmed-down version of President Joe Biden’s Build Back Better bill that will increase corporate taxes; provide tax credits, grants and incentives to politically correct “clean” energy technologies such as wind, solar and electric vehicles; and seek to reduce greenhouse gas emissions, among other Green New Deal and climate initiatives.
Biden Opposes Oil & Gas Pipeline Projects in the United States, But Not Elsewhere
The demands that Federal Energy Regulatory Commission (FERC) is placing on pipeline developers is significant and with no timeline, the uncertainty created is delaying new projects that are needed for both export and domestic purposes at a time when the administration is using every tool in its “whole of government” approach to make domestic energy harder to finance, produce, transport and consume.
End the Gasoline Crisis: Try Motivation by Love, Not Fear
After thwarting the oil industry by banning pipelines and new oil and gas leases after his inauguration, Biden’s recent proposals are watered-down varieties of the failed policies that created the multiple gas crises that rocked the nation in the 1970s.
Biden Sells Oil to China from the U.S. Strategic Petroleum Reserve
It is not enough that China is buying Russian oil at a discount due to western sanctions put on Russia because of its invasion of Ukraine, but now President Biden’s Department of Energy is selling China oil from the U.S. Strategic Petroleum Reserve (SPR).
MARKETS
Profits and the Repeal of Price Controls & Government Subsidies
Farm subsidies are a way the government achieves artificially high prices. They are an illustration of legal minimum prices—that is, prices below which the government prevents the producers from selling.
Inflation: John Maynard Keynes vs. The Gold Standard (3 of 5)
The government may think that inflation--as a method of raising funds--is better than taxation, which is always unpopular and difficult. In many rich and great nations, legislators have often discussed, for months and months, the various forms of new taxes that were...
An Unnecessary Evil: How Canada Ended Up Insuring Bank Deposits
If Canada’s relatively “free” banking system was so stable, why did the Canadian government establish the Bank of Canada in 1935? And why did it establish a Canadian Deposit Insurance Corporation (CDIC) some three decades later?
The Profit Motive as an Agent of Innovation and Progress, Part 2
The operation of the tendency toward a uniform rate of profit requires that high profits be made by continuously introducing productive innovations in advance of competitors.
Confusions about Capitalism
Three common accusations against capitalism are that it is exploitation, it is cronyism, and it destroys the planet.
The Lottery Life: Creating Lucky Housing Winners at the Expense of Everyone Else
End the “Lottery Life” in housing and watch market entrepreneurs do the rest.
LAW
The Government Shouldn’t Decide Who May Practice Law
Occupational licensure is a species of political favoritism, invariably enacted to protect incumbent practitioners by restricting competition.
It’s All About Property Rights
Ayn Rand correctly wrote that without property rights, no other rights are possible.
Would You Abdicate If You Could Be the Dictator?
“If only I was dictator, I know how to set things right.”
Mozart, Mediocrity, and the Administrative State
Every highly productive person – we don’t even have to speak of geniuses here – often ends up surrounded by resentful and mediocre people who have too much time on their hands. They use whatever limited talents they have to plot, confound, confuse, and ultimately wreck their betters. The demand to “comply” is always the watchword: it’s a tool of destruction.
Let Novak Play
Banning uninfected foreigners, like Novak Djokovic, from the US because they are unvaccinated is anti-science as vaccination does not stop the spread of covid-19, and anti-American as it violates the principles of individual freedom & choice that America was founded upon.
Texas’ War on Free Speech
Social media companies are not a threat to free speech. Governments that do not respect property rights are.
CULTURE
The Beautiful Tree by James Tooley
Parents want the best for their children. They realize that one of the keys to escaping poverty is a good education. The best education, they understand, comes from entrepreneurs who offer higher quality to stay in business and prosper. – Max Borders
Parent Power Can Improve US Education
Parents must seize control of their children’s education from the “interlocking directorate” that is waging a war against children’s minds.
Saving Capitalism From Its Defenders
Capitalism is not only practical, but also the only moral social system—and the only one fit for morally good people.
Alternatives to Public Libraries
America’s past, is replete with examples of voluntary, cooperative associations which provided for the many needs of the citizenry. One of the most striking examples is the evolution of libraries in pre-Civil War America. Even today, alternatives to tax-sup-ported libraries exist.
Preferential Policies: An International Perspective by Thomas Sowell
Regardless of the reason or rationale, the social effect of affirmative-action policies is to politicize social relationships. And the consequences of this have been everything from systems of privilege and corruption to mob violence and civil war.
Put the Independence Back in Independence Day
The American Revolution remains unique in human history: a revolution–and a nation–founded on a moral principle, the principle of individual rights.
Politics
A Deeper Dive Into the CDC Reversal
Two years later the CDC has embraced the Great Barrington Declaration rather than doing a “quick and devastating takedown” as Francis Collins and Anthony Fauci called for the day after its release.
Raising a Family on a Minimum Wage: The Elephant in the Room
If we truly want to help low-income households, then we must begin by holding individuals accountable and counsel them to make better choices.
The “Right to Organize” and Freedom of Association
Tenants have the right to organize if they so choose. And landlords have the right to recognize those unions or not.
Hannah Arendt’s Chilling Thesis on Evil
Hannah Arendt’s eyewitness assessment of Nazi war criminal Adolf Eichmann as “terribly and terrifyingly normal” took the world by surprise.
A Noncrisis is a Terrible Thing to Waste
Just as statists use a crisis to advance their agenda, advocates of the free market should use a noncrisis to advance our cause.
Novak Djokovic in Vax Mandate Land
The Biden administration bans unvaccinated Novak Djokovic, who tests negative for covid-19, while welcoming vaccinated foreigners who are potentially positive for the virus. Welcome to the anti-science, anti-freedom fascist world of Vax Mandate Land.