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.
Although the ideas behind the attacks on business are often not explicitly labeled as Marxist, that is what they are.
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.
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Ayn Rand argues that we must pursue self-interest—our rational values—because our lives depend on it.
It is the wealth creation by companies that has helped reduce poverty to its lowest levels in history.
Originally founded for the legitimate purpose of improving working conditions and helping negotiate wages, labor unions have substituted that purpose for entrenching the power of their leaders and the entitlements for their senior members.
The Giving Pledge is immoral because it is based on the idea that those who have legitimately created wealth by trading values with others have not earned it and must “give it back.”
The competitive advantage of the company lies in the minds of its employees.
Instead of enforcing the Constitution and using its authority against the British Columbia government and protesters initiating physical force against Kinder Morgan property and its employees, Trudeau stayed true to what he said prior to the last election: “Governments might grant permits, but only communities can grant permission.”
Banks to stop financing fossil fuel development: Sound investment decisions vs. virtue signaling?
President Trump should focus on getting government out of business by deregulating—and privatizing the United States Postal Service.
The proper, moral role of companies in society is to produce and trade material values
Should Amazon locate its second headquarters in Toronto or elsewhere in Canada, it would be sacrificing profits due to government intervention.
CEO pay caps and minimum wages are immoral because both curtail individual freedom by government force—yet, freedom is the fundamental requirement of human flourishing and prosperity.
Those producing and trading goods and services for profit are not taking anything away from others—the producers and traders are creating material values that would not exist without their productivity.
While individuals have a right to organize, they do not have the right to violate other people’s rights, forcing them to join their organization.
Thinking on the job, and in every other aspect of life, is a virtue necessary for human flourishing.
As Ayn Rand explains, the only proper role of government is to protect citizens against the initiation of physical force and fraud, through the police, the armed services, and the courts.
So how to deal with a workplace bully? The only effective way to do so is to apply appropriate moral principles: rationality, integrity and justice.
Thanks to Ayn Rand and the objective moral principles she identified, we can make moral decisions more easily—and achieve our values in the long term.
Should government be an all-knowing, benevolent nanny who tells us how we must live, for our own good?
On July 21, 2011, Wake Forest University Schools of Business Distinguished Professor of Practice John Allison address the Master of Arts in Management Class of 2012. The retired chairman and CEO of BB&T discussed Principled Leadership with the incoming class of business students.
Their pragmatist mindset of “skip the philosophy; just give me the practical tips,” hinders them from becoming better managers.
Not all ethics guide us to achieve happy, fulfilling lives