Business

New “Stakeholder Capitalism” Means More Statism

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

Voice of Capitalism

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Abolish Billionaires!

“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.

Morality of Free Markets

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.

Business Ethics and The Morality of the Free Market

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.

The Virtue of Production

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.

Is Google Too Big and Powerful?

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.

Collectivism Destroys Business

Collectivist elements spur violations of individual rights, such as taxes, highly progressive income taxation in particular, and other wealth “redistribution” schemes that discourage entrepreneurship, innovation, and wealth creation in general