Capitalism is not a system advantaging the wealthy. It is a system of competition, innovation, and wealth creation which leads to win-win outcomes and flourishing for all.
With climate alarmism and “extinction” protests now in the mainstream, it is no wonder that most people consider the alleged man-made catastrophic climate change an established fact, and advocate curtailing carbon “pollution” or even banning fossil fuels altogether.
Capitalism is truly the pro-human social system superior to its alternatives.
The principle of freedom trumps government regulation. In Ayn Rand’s words: “Freedom is the fundamental requirement of man’s mind.”
Economic prosperity is not achieved by taxing the “rich”—such as the plans to wipe out billionaires—and giving some of their wealth to those who have been less productive and therefore have less wealth.
Business, the activity of producing and trading goods and services, demands a great deal of moral virtue, and businesspeople are not lowly materialists but moral creators.
What does the oil and gas industry have to do with peace and love?
Instead of worrying about Google’s influence, we should oppose a real threat: government’s initiation of force, through measures such as carbon taxes or dictating how Google should operate.
If you are a student of business, in any stage of your career, I encourage you learn about rational egoism—if success in business is your goal.