Business

New “Stakeholder Capitalism” Means More Statism

How is the new stakeholderism different? Unlike the old stakeholderism, it is mandatory.

The Poetry of Work

“Poetry of work” is worth pursuing. It gives us purpose—and it gives us happiness.

Elon Musk, Person of the Year, Radicalized by Lockdowns

Elon Musk has turned into a true American, a resistor, a revolutionary. His influence in business and philosophical outlook offers a real path forward. He deserves every congratulations for refusing to go along with ruling-class ideology and instead demand that most essential thing, the freedom to trade, speak, run a business, and innovate without government interference. 

The Virtue of Business

Instead of disdain and condemnation, businesses and businesspeople deserve our gratitude.

Corporate Welfare vs. Capitalism

Today’s politicians want to spend more on EVERYTHING: Amtrak subsidies, sports stadium subsidies, green energy subsidies, even fossil fuel subsidies …

Business Execs Can’t Maximize Profits and Bash Capitalism

Business leaders and owners who think they can create profits regardless of the social system are evading facts. Profit maximization cannot be sustained in socialism or any other freedom-killing statist system toward which America seems headed today.

“Sweatshops” are Good for the Planet—and People

Producing and consuming fast fashion and other sweatshop products is a win-win scenario for human flourishing: consumers get inexpensive products, workers and their employers prosper, working conditions improve and pollution diminishes, the planet gets greener, and the brands profit.

Art Gallery Demonstrates The Virtue of Independence

If there is a lesson to be learned from the economic lockdowns governments around the world started imposing on businesses in an attempt to contain the coronavirus pandemic, it is the importance of independence.

How Labor Unions Can Be Anti-Labor

To anyone who understands the role of the productivity of labor in raising real wages, it should be obvious that the unions’ policy of combating the rise in the productivity of labor renders them in fact a leading enemy of the rise in real wages.

TikTok, Trump and the Art of the Shakedown

The impending takedown of TikTok sets a dangerous precedent. It marks a serious diminution of the rule of law and a major step-up in the authoritarian use of power by our executive branch.

Kudos to Trader Joe’s

By rejecting unfounded accusations and standing by its products and their marketing, Trader Joe’s (and indirectly, its customers) displayed all of them—and therefore has earned the designation as a corporate hero.

United States Needs Freedom, Not Fascism

America does not need the command-and-control planning authorized under the Defense Production Act to deal with the COVID-19 pandemic. Instead, it needs greater deregulation to free the entrepreneurial discovery process. In short, the United States needs more economic freedom, not fascism.