While the welfare state cannot be transformed into a free-market system overnight, businesspeople can help by speaking up (in forums open to them) when restrictions on freedom of business are being proposed by government and other groups.
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.
Altruism is not the only moral code; there is an alternative that facilitates long-term profit maximization.
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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.
A “hostile” corporate raider can only buy shares that others voluntarily sell.
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.
Bernie wants us to fear billionaires. Actually, the billionaires work for us — for the great mass of average people. They want to acquire money from us. Unlike the government, they cannot simply come and seize our money.
“We’ve decided to offer a competing platform where no voices will be unfairly targeted.”
American Factory is at its core a damning snapshot of American labor entitlement.
My radio colleague Dennis Prager heads a nonprofit, tax-exempt charitable organization called Prager University. It shares five-minute educational videos from a conservative perspective. There have been over 2 billion views. No sex. No profanity. No chase scenes. But...
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.
Pursuing self-interest in business is not exploitative, because it can only be based on voluntary trade.
People are most often confused by executives who seem to share attributes of both the inflated and the genuine egoist
It is not Amazon, Google, Apple, Facebook, and others that need to be “cut down to size,” as they cannot coerce us to buy their products and use their services.
Can’t we just leave government out of it and let employers and employees work this out to meet individual needs?
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
For the sake of justice, liberty, and prosperity, people should abandon their anti-commercial prejudices and cease deriding unequal wealth and income.
Profit seeking and capitalism are natural and beneficial and provide the proper moral purpose for business.
What we need is competition in free markets and protection of individual rights.
A dictator cannot stand any form of independence — whether in words or action — and neither can Trump.
Ask Venezuelans whether they would prefer well-stocked supermarkets to empty shelves and the desperate shortages of food under socialism.
A new semester, and a new class of business ethics, has begun. In my class, we initially discuss concrete examples of ethical dilemmas in business before delving into the main moral codes and the values and principles they comprise, to learn how they provide guidance...