Why are the governments dictating when and how the economy can re-open?
The COVID-19 pandemic may help by bringing a clearer understanding why business needs a moral defense from its leaders and that such defense must be based on the principle of individual rights.
To the extent capitalism fosters the creation of wealth – a truth denied today only by the hopelessly biased – it also fosters the creation of health.
What is this metal that is so indispensable to the modern world?
Freeman depicts capitalism as a system where businesses focus on maximizing short-term stock price.
On CEOs celebrating the “death” of capitalism.
Sustainable finance as imposed through government regulation harms human flourishing by violating the investors’ freedom to choose.
“I don’t think that billionaires should exist,” Sanders explained. The crusade’s rallying cry: “Abolish billionaires.” To that end, Warren and Sanders have each proposed special taxes on the ultra-rich.
An excerpt from the Introduction to How to Be Profitable and Moral By Jaana Woiceshyn.
If millennials and others want to wage war against government favors and crony capitalism, I’m with them 100%. But I’m all too afraid that anti-capitalists just want their share of the government loot.
The ethics of private enterprise and the morality of the market require both a preaching and a practicing of a respect for others’ individual rights to their property and to the rule of voluntary agreement in all transactions, even when market outcomes are not always favorable to oneself.
Wealthy capitalist Andrew Carnegie (1835-1919) was an indefatigable steel tycoon—and he was also intellectual.