The capitalist system was termed “capitalism” not by a friend of the system, but by an individual who considered it to be the worst of all historical systems, the greatest evil that had ever befallen mankind. That man was Karl Marx.
The only kind of equality consistent with liberty is equality before the law — which doesn’t require that people be in fact equal.
Bezos knows a higher minimum wage will hurt his competitors more than it hurts him.
It is the wealth creation by companies that has helped reduce poverty to its lowest levels in history.
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.”
What our world needs today is to transcend the collectivisms of the present, whether under more extreme authoritarian regimes or the seemingly milder spiders’ web of controls and commands of the interventionist-welfare state under existing democratic systems of government.
The government can, and must, protect us, but not as a nanny. It is not all-knowing, and it cannot define problems for us.
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.
One of the most common phrases to be heard from those on “the left” is the assertion that someone or some public policy is or is not on “the right side of history.”