capitalism


What Happened to the Revolution?

By Ron Paul Ron Paul Institute May 10, 2016 What Happened to the Revolution?   In a recent interview I was asked why Bernie Sanders, a self-described “democratic socialist” had seemingly attracted so much support among young people. In fact polls suggest Sanders is the most popular candidate among people aged 18-29, and 51 percent […]

Ron Paul

‘Our economic system is designed to fail’ – Ron Paul

‘Our economic system is designed to fail’ – Ron Paul

By Against Crony Capitalism May 4, 2016   ‘Our economic system is designed to fail’ – Ron Paul     Indeed it is. Central planning always fails and make no mistake in many ways our economic system is “planned.” Not in the sense that it was planned in the Soviet Union but planned and controlled […]


Some CEOs don’t like that cronyism is increasingly under the microscope

Some CEOs don’t like that cronyism is increasingly under the microscope

By Nick Sorrentino Against Crony Capitalism April 25, 2016   Some CEOs don’t like that cronyism is increasingly under the microscope   “The precipitousness of the political debate is a little scary right now,” said Jim McNerney, who served as chief executive of Boeing Co. until last year and as chairman until February, at a recent […]


Dr. Paul Craig Roberts

Capitalism At Work ~ Paul Craig Roberts

By Dr. Paul Craig Roberts Paul Craig Roberts.org November 30, 2015   Capitalism At Work   Zero Hedge reports a story from “Keep Talking Greece” that first appeared in The Times http://www.thetimes.co.uk/tto/news/world/europe/article4624755.ece According to the story, the plummeting living standards forced on the Greek people by German chancellor Merkel and the European banks have forced […]


There’s No Such Thing as Excessive Profits

By Robert P. Murphy Foundation for Economic Education October 23, 2015   There’s No Such Thing as Excessive Profits Problems with a “Fair Rate of Return”     If you want to do business in Venezuela, you will have to let the government do your bookkeeping to make sure you aren’t making too much. Venezuelan president Nicolás […]

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Whither The Economy?

By Dr. Paul Craig Roberts Paul Craig Roberts.org September 5, 2015   Whither The Economy?   The great problem with corporate capitalism is that publicly owned companies have short time horizons. Unlike a privately owned business, the top executives of a publicly owned corporation generally come to their positions late in life. Consequently, they have […]

Dr. Paul Craig Roberts

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World’s Poor: “We Want Capitalism”

By Iain Murray Foundation for Economic Education September 2, 2015   World’s Poor: “We Want Capitalism” Post-Colonial Capitalism at the Bottom of the Pyramid       In the forests of India, something exciting is going on. Villagers are regaining property taken from them when the British colonial authorities nationalized their forests. Just as exciting, in […]


Beijing Bingo

By Eric Margolis LewRockwell.com August 30, 2015   Beijing Bingo     My father, a New York financier, used to call dubious stocks or bonds,  “Chinese paper.”   Last week, we saw a blizzard of  Chinese paper, both in China and around the world. As manager of a sizeable investment portfolio (an unwelcome second job from […]

Not a Good Year (according to the Chinese Calendar)

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Capitalists Have a Better Plan

By ROBERT P. MURPHY Foundation for Economic Education August 19, 2015   Capitalists Have a Better Plan Why Decentralized Planning Is Superior to Bureaucracy and Socialism   (Image from Shutterstock)   To early 20th-century intellectuals, capitalism looked like anarchy. Why, they wondered, would we trust deliberative, conscious guidance when building a house but not when building […]


The Social Cost of Capitalism

By Dr. Paul Craig Roberts Paul Craig Roberts.org August 13, 2015   The Social Cost of Capitalism — Paul Craig Roberts   Few, if any, corporations absorb the full cost of their operations. Corporations shove many of their costs onto the environment, the public sector, and distant third parties. For example, currently 3 million gallons […]

Dr. Paul Craig Roberts