Showing posts with label capitalism. Show all posts
Showing posts with label capitalism. Show all posts

Saturday, November 04, 2017

Economy

Scientists discover free-market libertarianism by realizing people value things more when the physically own them. I'm stupefied.

Tuesday, September 19, 2017

Sunday, May 28, 2017

Socialism

Weak men more likely to support socialism, strong men more likely to support capitalism.

Saturday, April 01, 2017

Socialism

Lyft introduces service designed to compete with buses.

Sunday, December 25, 2016

Misc

Charts show the tremendous benefits of two centuries of capitalism.

Saturday, November 12, 2016

Economy

Shrinking chocolate bar.

America's middle class, the forgotten man, is shrinking.

Uber, Lyft and sharing companies are wreaking creative destruction on taxi cab and hotel companies.

Roosevelt saved the bankers, not capitalism.

Politics

Clinton supporters see shrinks.
"A number of colleges and universities have set up programs to help their students deal with the pain and suffering of Hillary’s loss to Trump, including the use of crisis counselors and other therapeutic practices. I cannot imagine that any academician would have entertained such responses had Hillary won the election. Is this an implicit admission that Hillary supporters are emotionally and psychologically disturbed people in need of therapy?"
I've always said leftism was a mental illness. Nobody in their right mind can advocate the philosophy of the worst mass murderers in history. Leftist meltdown.

Clinton campaign blames James Comey for loss. We'll never know how the election would have played out without his 11th hour comments.

Comey intervention on behalf of Trump could well go the other way next time.

Clinton is incompetent as well as evil.

Emails link Clinton to Muslim Brotherhood.

Accurate Los Angeles Times poll shows events impacted election, but Trump was always close and might have won anyway. The race was always within the margin of error. The media was not wrong about the polls; they lied.

Assassination threats from the violent left flood Twitter.

Twitter empowered Trump as demagogue.

From the Forgotten Man:
"Capital, however, as we have seen, is the force by which civilization is maintained and carried on. The same piece of capital cannot be used in two ways. Every bit of capital, therefore, which is given to a shiftless and inefficient member of society, who makes no return for it, is diverted from a reproductive use; but if it was put into reproductive use, it would have to be granted in wages to an efficient and productive laborer. Hence the real sufferer by that kind of benevolence which consists in an expenditure of capital to protect the good-for-nothing is the industrious laborer. The latter, however, is never thought of in this connection. It is assumed that he is provided for and out of the account. Such a notion only shows how little true notions of political economy have as yet become popularized."
Capital.
"There is an almost invincible prejudice that a man who gives a dollar to a beggar is generous and kind-hearted, but that a man who refuses the beggar and puts the dollar in a savings bank is stingy and mean. The former is putting capital where it is very sure to be wasted, and where it will be a kind of seed for a long succession of future dollars, which must be wasted to ward off a greater strain on the sympathies than would have been occasioned by a refusal in the first place. Inasmuch as the dollar might have been turned into capital and given to a laborer who, while earning it, would have reproduced it, it must be regarded as taken from the latter."
Saving benefits yourself and your fellow man.
"There always are two parties. The second one is always the Forgotten Man, and any one who wants to truly understand the matter in question must go and search for the Forgotten Man. He will be found to be worthy, industrious, independent, and self-supporting. He is not, technically, "poor" or "weak"; he minds his own business, and makes no complaint. Consequently the philanthropists never think of him, and trample on him."
Yep.

Judge Napolitano rediscovered the forgotten man.

Trump is being lassoed by the establishment.
"We have already learned that the transition team has approached Jamie Dimon, the CEO of J.P. Morgan Chase. He was offered the position of Secretary of the Treasury. Anyone who thinks that this would be an improvement over the former CEO’s from Goldman Sachs is living in a fantasy world."
Evidence of Trump's deal with the establishment published several days before the election.
"It’s virtually established by now that US Attorney General Loretta Lynch told Comey not to release his letter to Congress. But Comey did it anyway. If he had not, and a scandal would – inevitably – spring up after the US presidential election, Lynch would be perfectly positioned to deny she knew anything, and Comey would be on the firing line.
Lynch is a certified Clinton machine asset. In 1999 then-President Bill Clinton appointed her to run the Brooklyn US Attorney’s office. She left in 2002, taking the private practice revolving door. She was back to the Brooklyn office in 2010, urged by Obama. Five years later she became the 83rd US Attorney General, replacing the dodgy Eric Holder.
A plausible case has been made that Comey took his fateful decision based on a serious internal revolt at the FBI – led by key people he trust — as well as being egged-on by his wife.
Myths, Misunderstandings and Outright lies about owning Gold. Are you at risk?
Yet one of the key questions that refuse to go away is why the FBI waited until 11 days before the US presidential election to supposedly “find” an email trove on certified sexting pervert Anthony Weiner’s laptop."
It was timed to benefit Trump. The deep staters do as they want, usually based on what the richest want.
"The business source, although unsympathetic to the Clinton machine, especially in foreign policy, is a realpolitik practitioner, not a conspiracy theorist. He is adamant that, “the FBI reversal could not have happened without orders above the President. If the Masters [of the Universe] have changed their mind, then they will destroy Hillary.”"
But the outcome, so close, could not have been predetermined. They boosted him, but they didn't hand it to him.
"He adds, “they can make a deal with Donald just like anyone else; Donald wins; the Masters win; the people think that their voice has been heard. And then there will be some sort of (controlled) change.”"
I hope it's change for the better for once.
"What’s paramount in the whole soap opera is the faith in the US political system — as corrupt as it may be — must endure. That mirrors the faith in the US dollar; if confidence in the US dollar fails, the US as a hegemonic financial power is no more."
The war for the dollar at home.

Pat Buchanan advises Trump to speak about inclusiveness while aggressively pursuing the agenda that got him elected.

Trump may have had a bigger and better impact if he had lost on principle instead of being co-opted by the establishment.

Trump backs off campaign promises.

Soros funds anti-Trump protests.

Leftists embrace secession.

Celebrities who promised to leave the country if Trump won.

Workers defeated elitists.

Trump's victory is a repudiation of Obama. Let's hope Trump carries out that will of the people.

I doubt Obama will fire Comey now.

The right has never embraced libertarianism because it's not rightwing.

Friday, September 23, 2016

Socialism

Some self-proclaimed intellectual just noticed socialism was a disaster in East German and capitalism a success in West Germany.

Friday, July 22, 2016

Police State

Militarized police lead to abuses which lead to blowback.

Surveillance capitalism is creepy, but surveillance socialism is totalitarian, not the former.

Apple and Facebook helped take down Kissasstorrents. 

Almost half of TSA employees have been cited for misconduct.

Sunday, May 15, 2016

Socialism

Response to ten common objects to capitalism.

Socialist disaster in Venezuela. President claims US fomenting coup. That's undoubtedly true too.

Thursday, April 28, 2016

Politics

51 percent of millennials reject capitalism. Why Lew Rockwell is optimistic is beyond me.

Saturday, March 26, 2016

Environment

Marxism and environmentalism includes great quotes from environmental Marxists.

Greens ignore whale slaughter because they're focused on global warming. Scarcity in action.

Socialism

Obama says there's no great difference between capitalism and communism.

Sunday, March 06, 2016

Socialism

Collapse of maple syrup cartel shows how markets overcome even government-backed cartels.

Friday, February 12, 2016

Politics

Hillary Clinton made over $2 million in speaking fees from Wall Street in seven months.

DNC repeals rule so Clinton can get more money from lobbyists.

Twitter to influence election for Democrats.

Thank government schools for millennials choosing socialism over capitalism.

Trump doubles support from Latinos over rivals.

Friday, February 05, 2016

Politics

We should not celebrate politics, but loath it.
"But to the contrary, we should spurn what the establishment would have us celebrate. Politics operates according to principles that would horrify us if we observed them in our private lives, and that would get us arrested if we tried to live by them. The state can steal and call it taxation, kidnap and call it conscription, kill and call it war.
And yet we are taught to fear capitalism, of all things.
But what, after all, are capitalism and the free market? They are nothing more than the sum total of voluntary exchanges in society."
The wealthiest capitalist mus cow-tow to consumers or be put out of business. In politics, rulers rule serfs.

More on libertarian populism.

Monday, February 01, 2016

Wednesday, January 13, 2016

Economy

Windows 10 failed to increase PC sales, but Apple increased Mac sales in 2015.

America's antipathy toward capital, required for the middle class, is helping shrink the middle class.

Monday, December 07, 2015

Socialism

Schumpeter predicted how capitalism would transform itself into socialism via success.
"His basic argument goes like this: an entrepreneurial market economy generates tremendous growth and increases living standards. Ironically though, it becomes so prosperous and innovative it loses sight of the source of its wealth, and even becomes hostile toward it. Entrepreneurship enriches society so much that people forget how necessary and how fragile the market economy really is. They even start to believe that markets—and the liberal social order that supports them—are inferior to government bureaucracy and central planning. Eventually, society embraces socialism."
Pretty spot on, but you can't forget government's ever-increasing interventions making appear capitalism is at fault.
"Actually, Schumpeter’s argument makes much more sense in the context of interventionism than it does in a genuinely free society. When the public sector increases, entrepreneurs are simultaneously crowded out of the market and blamed for the problems created by policymakers."
Like I said.