Tag: capitalism

Pity the Poor Billionaire

“Pity the poor billionaire, for today he feels a new and unsettling emotion: fear. The world order he once clung to is crumbling faster than the value of the pound. In its place, he frets, will come chaos. Remember this,…

A Vortex of Inefficiency and Failure

Socialism promises us prosperity, equality, and security but delivers only poverty, misery and tyranny. The only equality achieved in a socialist society is equal misery for everyone except the ruling elite. Socialism’s failure can be traced to one critical defect…

Is Capitalism Moral?

Is capitalism moral or greedy? If it’s based on greed and selfishness, what’s the best alternative economic system? Perhaps socialism? And if capitalism is moral, what makes it so?

Defining “Transformation”

Capitalism is, in a sense, a financial democracy under which individuals who own and operate private business run the economy.   Consumers and businesses regulate the free market through competition.   Competition yields better products and more efficient processes in all fields.…