The newest video from Prager University is hosted by Dennis Prager himself and is as entertaining as it is enlightening.
For the subject, Prager examines the differences between socialism and capitalism with an eye to the stereotype propagated by many on the left that capitalism makes people selfish.
Coca-Cola has become the latest victim of socialism as the company announced it will no longer develop its product in Venezuela.
Without sugar, they can only produce sugar free Coca-Cola. From CBS News:
The Atlanta-based company said in an emailed statement Friday said that its production of sugar-sweetened beverages will be suspended in...
According to a new poll conducted by Harvard, a majority of Millennials reject the idea of capitalism.
It’s no surprise that a generation of people who grew up in the era of “everyone gets a trophy” reject the idea of unequal rewards based on hard work. Millennials were educated largely by public...
President Obama continued his “Spring Break” from America by undermining the foundations of the country’s successful economic system.
After dancing the night away, Obama was addressed the Young Leaders of the Americas Initiative Town Hall at Usina Del Arte in Buenos Aires, Argentina:
I guess to make a broader point, so often in...
Liberal and conservative mean different things in countries outside the U.S. but in Jamaica, the only party that resembles what we would call conservative is the Jamaica Labour Party.
The website Discover Jamaica describes the JLP this way:
The JLP is considered the more conservative and consistent party and has always espoused the...
Vermont’s “independent” “Socialist” Senator Bernie Sanders may have a lock on the left-wing vote but Hillary Clinton is doing everything she can to stop his rise.
In so doing, the ultimate crony capitalist is demonstrating, once again, that she has no core set of beliefs other than in obtaining power. Hillary is...
Despite the fact that poll numbers are tanking so badly for Hillary Clinton that there is a new movement to draft Joe Biden, it turns out she has some competition for biggest drop in...
There’s only one man in the world who is in journalism to get rich. That man is Shane Smith, the CEO and co-founder of Vice Media, Inc. 20 years in the making, Smith’s growing media empire has amassed him an estimated $400 million fortune, and according to widespread reports earlier this...
The opinion of capitalism as the greatest evil known to man is not only the dominant view at Cornell and other college campuses, it is the irrefutable dogma of the mindless droves of the overwhelming majority of faculty and students.
They look at the injustices in the world, at the inequities, and...
As a big fan of capitalism, I am fascinated by the concept of crowdfunding, whereby individuals network and pool their money via websites to support potentially profitable enterprises initiated by savvy entrepreneurs.
It’s small-scale venture capitalism!
Perhaps the best known crowdfunding enterprise is Kickstarter, which offers a chance for citizens to directly fund...
In the midst of a “government shutdown” diatribe and immigration reform fizzles, a key bill quietly passed in the Senate by a huge margin that was actually quite important to many Americans:
Producers of high-tech products from MRI scanners to semiconductors are breathing a sigh of relief after U.S. lawmakers acted on...
From Kevin Rennie’s Daily Ructions:
Greenwich, Connecticut resident Thomas Peterffy takes to the airwaves today to speak of the blessings of freedom. He’s an authority. Peterffy was born, according to Forbes, in Hungary in 1944 “during a Russian bombing raid.” He made it to America in 1965 and became a great success....
Today would be Milton Friedman’s 100th birthday.
I’ve played this video before, but it’s particularly timely in light of the “you didn’t build that” narrative which has become the foundation of the Obama campaign taken from Elizabeth Warren who took it from George Lakoff.
From The NY Times:
While his campaign advisers generally agree that Mr. Romney must explain his work at Bain, they are wary of engaging in an exhaustive public examination of the nearly 100 deals he was involved in, anxious that it could bog him down in the inevitably messy details of fixing...
I knew that my position on Bain Capital would fray some relationships in the conservative blogosphere, but this post by Don Surber took me by surprise, Why Republicans Oppose Capitalism:
Newt and Rock Perry are trying to divide the party in a way I never imagined. I thought the divide would be between social conservatives...
Any criticism of Bain, much less a criticism of how our possible nominee ran the firm, is an attack on free markets and capitalism. Or so we are being told.
No, it’s not. I have been almost alone against the chorus of “Newt’s anti-capitalist”:
We don’t know all of the details of how Bain conducted its business under Mitt Romney, but we do know that in at least several instances the conduct was to squeeze out cash while leaving behind a failed company. In many other instances Bain helped companies to grow.
In a capitalist system,...
