capitalism


The Albatross Of Debt: The Stock Market’s $67 Trillion Nightmare

By Against Crony Capitalism February 26, 2018   The Albatross Of Debt: The Stock Market’s $67 Trillion Nightmare     I am speaking for myself (NDS) here – I’ve had many conversations with enviro friends over the years about their fear of climate “disaster.” I respect their fear. But the potential financial disaster looming in the […]

The Albatross Of Debt: The Stock Market’s $67 Trillion Nightmare

Let Us Eradicate Poverty, Not Demolish Wealth

Let Us Eradicate Poverty, Not Demolish Wealth

By Daniel Lacalle Mises Institute February 7, 2018   Let Us Eradicate Poverty, Not Demolish Wealth   By the time you finish reading this article, some 600 people from all over the world will have escaped poverty. In 1990, 35% of the world population lived in extreme poverty. Today, that figure has fallen to 10.7%, according to […]


Amazon, Berkshire Hathaway, and JPMorgan Chase to partner on US employee healthcare

By Against Crony Capitalism January 30, 2018   Amazon, Berkshire Hathaway, and JPMorgan Chase to partner on US employee healthcare     Well great. We have 3 companies headed by crony capitalists, Bezos, Buffett, and Jamie Dimon, getting together on healthcare. How long until they try to rope taxpayers in? We hope for the best here. […]

Amazon, Berkshire Hathaway, and JPMorgan Chase to partner on US employee healthcare

Capitalism and Competition

Capitalism and Competition

By Richard M. Ebeling Mises Institute November 15, 2017   Capitalism and Competition   Market competition is at the heart of the capitalist system. It serves as the driving force for creative innovation, the mechanism by which market supplies and demands are brought into coordinated balance for multitudes of goods, and an institutional setting for individuals […]


Dangerous Ignorance – Millennials: Communism sounds pretty chill

By Nick Sorrentino Against Crony Capitalism November 2, 2017   Dangerous Ignorance – Millennials: Communism sounds pretty chill     It’s understandable that some feel this way. The “Millennials” have been given more without earning it than any generation in the history of this country. These are the kids of the youngest Baby Boomers, who were […]

Dangerous Ignorance – Millennials: Communism sounds pretty chill

Market legend Art Cashin remembers Black Monday 30 years later

Market legend Art Cashin remembers Black Monday 30 years later

By Against Crony Capitalism October 19, 2017   Market legend Art Cashin remembers Black Monday 30 years later     I like Art Cashin. I used to read his morning column when I was a fresh faced broker at UBS. I remember him wearing a “Dow 10,000” hat that he first got as the Dow pushed […]


The Communist in City Hall: New York mayor calls for end of private property

By Against Crony Capitalism September 8, 2017   The Communist in City Hall: New York mayor calls for end of private property     This is truly disgusting. We see a wannabe Castro in City Hall. A know-it-all bureaucrat wrapped in his own ego. A politically correct agent of statism and – if given the chance […]

The Communist in City Hall: New York mayor calls for end of private property

Will We Soon Return to Fighting Over Confederate Monuments?

Will We Soon Return to Fighting Over Confederate Monuments?

By Hunter Lewis Against Crony Capitalism September 5, 2017   Will We Soon Return to Fighting Over Confederate Monuments?     As has been widely observed, natural disasters have diverted our attention, and another hurricane may be on the way. But while our attention is focused elsewhere, it might be a good time to ask why […]


The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent

By Nick Sorrentino Against Crony Capitalism June 20, 2017   The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent     People seem confused by this rally. Really a rally on top of a Fed induced (to a very large extent) bull market extending back many years. How can this be, […]

The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent

What Does Steve Bannon Want?

What Does Steve Bannon Want?

By Hunter Lewis Against Crony Capitalism April 24, 2017   What Does Steve Bannon Want?     This is the title of an article Christopher Caldwell, a senior editor at the “conservative” Weekly Standard, wrote for the New York Times on February 26, 2017. Mr. Caldwell gets to the essence of it when he writes: “Steve […]


Why Politicians Win (and Workers Lose) Under Socialism

By Hans-Hermann Hoppe Mises Institute April 19, 2017   Why Politicians Win (and Workers Lose) Under Socialism   Socialism leads to the politicization of society. Hardly anything can be worse for the production of wealth. Socialism, at least its Marxist version, says its goal is complete equality. The Marxists observe that once you allow private […]

Why Politicians Win (and Workers Lose) Under Socialism

Global Warming is About Destroying Capitalism?

Global Warming is About Destroying Capitalism?

By Martin Armstrong Armstrong Economics February 4, 2017   Global Warming is About Destroying Capitalism?     A shocking statement was made by a United Nations official Christiana Figueres at a news conference in Brussels. Figueres admitted that the Global Warming conspiracy set by the U.N.’s Framework Convention on Climate Change, of which she is the executive […]