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.
CULTURE
Ron DeSantis on Florida’s Covid Response
Ron DeSantis new book The Courage to Be Free: Florida’s Blueprint for America’s Revival explains the backstory to his response and reveals the intense pressures he faced at the time, including the scientific influences that drove his decision-making.
Let’s Create Opportunities for All Texas Students
Freedom enables opportunities. School choice creates more freedom for parents and students.
U.S. Department of Education’s College Loan “Income Driven Repayment Policy”
Department of Education’s “improvements” to its student loan program will encourage colleges to increase tuition, creates a strong incentive to borrow as much as possible for college, and reduce the level of effort that students put into their college work.
Black History or “Sins of White People” Month?
What is called Black History Month might more accurately be called “the sins of white people” month.
How To Celebrate Ayn Rand’s Birthday
February 2nd is the birthday of Ayn Rand, the author of Atlas Shrugged and The Fountainhead. Ayn Rand developed and defended Objectivism, a philosophy that advocates “rational selfishness.”
The 1517 Fund: An Apostate Indicts Our Educational System
So, what is the 1517 Fund? It is Gibson’s way of finding young people who have ideas and want to put them into effect without the long, expensive detour through college.
Politics
Federal Deposit Insurance Corporation (FDIC): No Banking System Savior Then or Now
Scaling back deposit insurance, combined with a credible policy of putting failure costs onto their rightful owners, stockholders, instead of onto taxpayers is the proper solution to preventing mass bank failures.
Rights Belong to Individuals, Not Groups
Providing rights based on group identity is the formula for tribalism, tribal warfare, and injustice.
The Biden Administration’s Unconstitutional Tax on “Unrealized Capital Gains”
The Biden Administration’s 2023 budget bill proposing a “billionaire tax,” imposing a 25-percent minimum rate on the “unrealized capital gains” of the wealthiest Americans is unconstitutional.
Why Nazism Was Socialism and Why Socialism Is Totalitarian
Nazi Germany was a socialist state, not a capitalist one and socialism, understood as an economic system based on government ownership of the means of production, positively requires a totalitarian dictatorship.
Faucism’s New Deal Origins
Faucism combines control over financial resources and information with a carefully cultivated cult of personality.
Philosophical Detection: Diversity Demands for Hiring and Public Attacks on Minorities
Both actually stem from the same root: racism.
WORLD
Italy Goes against EU’s Fossil Fuel Car Ban
Italy’s Transport Minister Matteo Salvini called a rapid switch to electric vehicles “suicide” and a “gift” to Chinese industry.
Brazil Is Proving That There’s No Such Thing as Unbiased Censorship
As Americans sift through the Twitter Files and learn the shocking truth about U.S. government involvement in social media moderation, they can take important lessons from Brazil’s recent foray into censorship.
Bad Energy Decisions Contributed to Europe’s Energy Crisis
Abruptly decreasing domestic production of fossil fuels and shuttering of coal and nuclear plants have put Europe is an energy crisis exasperated by Russia’s invasion of Ukraine and its reduction of energy exports to Europe.
Nuclear Power, Not Wind & Solar, Keeps The Lights and Heat On In France
France’s aging nuclear power plants that are keeping the lights and heat on—not wind and solar power that are at the mercy of the weather.
What Iranian Protesters Deserve from Us
We vastly underappreciate the power of America’s moral sanction.
EU “Digital Market Act” is Another Self-Inflicted Regulatory Wound
Europe’s Digital Market Act to regulate “American Big-Tech” ignores that without the efforts and ingenuity of Big Tech, there were no “gates” to keep.
MARKETS
Understanding Bank Failures and the Objective Role of the Lender of Last Resort
Since government regulatory practice has gone beyond making loans to illiquid-but-solvent banks, to paying back all the deposits of insolvent banks, the result is that there is no reason for depositors to care about whether their bank is taking excessive risks.
Minimum Wage Hurts Whom It Claims to Help
If you care about the people struggling to keep their jobs in a difficult economy, you should oppose raising the minimum wage: it hurts the very people you want to help
The Amazing Benefits of International Trade
Trade allows each of us to turn our unique talents into the fruits of the talents of everyone with whom we trade.
Robert Reich’s Anti-Capitalist Rant Against The Kroger-Albertson Merger
What Robert Reich Gets Wrong about the Kroger-Albertson Merger and What He Misses Completely
National Conservatives, the American System, and the Founders
While Hamilton, who died in a duel in 1804, did indulge protectionist arguments during his stint as Secretary of the Treasury, the rebranding of Jefferson and Madison as American System enthusiasts runs directly contrary to historical evidence.
Unions Should Not Be Protected Against Suits for Deliberate Property Damage
Unions must go about their objectives of trying to organize workers without committing acts of destruction.
LAW
People Should be “Seething Mad” Over COVID – And Much More
COVID policies were a great mistake, imposed by arrogant officials who were not following science, but rather were following their own authoritarian instincts.
Dealing with Deadly Shootings
Our citizens are justifiably sickened and infuriated by so many deadly shootings.
The Power to Regulate Is the Power to Control
The power to tax or to regulate is also the power to control, not just in the supposed “public interest” but in the interest of the regulators themselves, or specific politicians, or the government more generally.
Wyoming GOP State Lawmakers Propose to Ban Electric Cars
Wyoming: Blue California’s Red Mini-Me?
Judicial Review: The Supreme Court’s Complicity in Our Loss of Freedom
So how has judicial review worked out?
Jordan Peterson’s License Fiasco Highlights Why Government Licensing Should Be Abolished
The alternative to state licensing is free-market certification.
SCI-TECH
Property Rights in Space
A truly moral justification for property rights in space.
Capitalists on the Moon
The essence of Jacobin Magazine’s argument is that it isn’t fair that some get to enjoy things most of us can’t afford. If everyone can’t enjoy luxuries, then nobody should be allowed to. This is an example of what Ayn Rand called “hatred of the good for being the good.”
Doom is Still Coming: Three Errors Paul Ehrlich Keeps Making
In Ehrlich’s worldview, humanity only transgresses and can only cause harm. In Simon’s view, humanity takes primacy and the sources of its enrichment also repair many harms done to the environment, and eventually allows improvements.
Will California’s Green Energy Policies “Save Planet Earth”?
California officials are needlessly inflicting huge risks, costs, and intrusions on Californians, rather than relying on proven adaptation at a much lower cost and disruption.
Thankyou Elon Musk!
Elon Musk’s mistakes should be viewed in the context of his achievements. Musk has contributed to human flourishing not only by developing Tesla and SpaceX and co-founding Open AI. By taking over Twitter and shaking it up, he has exposed the government’s violations of free speech.
The Malthusian Contradiction
Specific resources are limited. There’s only so much oil, land and water. But resources, in general, are unlimited — or rather, limited only by human ingenuity.