Keyword: capitalism

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  • Why Henry Potter Is the Undeniable Hero of 'It's a Wonderful Life'

    12/14/2018 7:46:26 AM PST · by SeekAndFind · 66 replies
    RCM ^ | 12/14/2018 | By Daniel Savickas
    Christmas is right around the corner. During all the festivities and family gatherings, your grandmother, or some other relative, will inevitably try to cajole the whole family into an obligatory viewing of It’s a Wonderful Life. While the inspirational theme of one man being able to make a difference is touching, try not to take all of this film’s messages directly to heart, lest you desire reduced opportunity amid slower economic growth.The film follows its supposed protagonist, George Bailey, from his young days of saving his little brother from drowning in a lake and stopping his boss from accidentally poisoning...
  • U.S. third-quarter growth unrevised; headwinds increasing

    11/28/2018 10:45:00 AM PST · by Oldeconomybuyer · 14 replies
    Reuters ^ | November 28, 2018 | by Lucia Mutikani (D-Reuters)
    WASHINGTON - The U.S. economy slowed in the third quarter as previously reported, but the pace was likely strong enough to keep growth on track to hit the Trump administrations 3 percent target this year, even as momentum appears to have moderated further early in the fourth quarter. Gross domestic product increased at a 3.5 percent annualized rate, the Commerce Department said on Wednesday in its second estimate of third-quarter GDP growth. That was unchanged from its estimate in October and well above the economys growth potential, which economists estimate to be about 2 percent. The unrevised third-quarter GDP reading...
  • You've Got To Be Cruel To Be Kind

    11/25/2018 9:48:50 PM PST · by Lazamataz · 116 replies
    Original Content | 11/26/2018 | By Laz A. Mataz
    There was a song, in the 1970's, titled "Cruel To Be Kind", performed by Nick Lowe. The lyrics, in part, read "You've gotta be cruel to be kind, in the right measure, cruel to be kind, it's a very fine line." Recently, a relative and I happened to share a particular viewpoint about a particular issue, and I celebrated the agreement. Yet, she implied she wanted to understand me better, to understand why I hold the beliefs I do. I seek to be understood. My spiritual life has drifted from Roman Catholicism, to an exploration of Judaism (my father coming...
  • Schweikart: America's Socialist Origins (a Thanksgiving history lesson)

    11/23/2018 11:33:46 AM PST · by poconopundit · 18 replies
    YouTube ^ | March 2016 | Aaron Bandler with LS on Youtube
    History professor, author Larry Schweikart (and Free Republic commentator LS ) narrates his story on a Prager University video. It explains how the colonists in the 1600's established a system he describes as an "ideal socialist commune" in Jamestown and Plymouth. This history video (YouTube... 5 minutes.. 1 million hits) is pure plain talk: every Deplorable and liberal can understand it. Great for high school and college students — anyone actually. Best short defense of capitalism I've ever seen. I found this video on Larry's active Twitter page where I'm finding great material. Check it out FReepers. https://twitter.com/LarrySchweikart
  • The New York Times Reveals the Horrors of CapitalismBy Showing Chinas State-Run Hospitals

    11/21/2018 4:09:52 PM PST · by deandg99 · 23 replies
    DC Clothesline ^ | 11/21/2018 | Sarah Lilly
    The New York Times released a 10-minute video last month entitled How Capitalism Ruined Chinas Health Care System. The video attempts to blame capitalism for the many problems in Chinas health care system. Under Mao Zedong the Communist state provided free health care for all, the narrator tells us. Decades later China adopted a unique brand of capitalism that transformed the country from a poor farming nation into an economic superpower. Life expectancy soared. But the introduction of capitalism and the retreat of the state meant that health care was no longer free. As a resident of China and a...
  • Dartmouth prof: 'If we don't abolish capitalism, capitalism will abolish us' ( Climate change )

    11/04/2018 7:15:37 AM PST · by george76 · 24 replies
    Campus Reform ^ | Nov 01, 2018 | Rob Shimshock
    Dartmouth College lecturer Mark Bray made the argument to abolish capitalism in a recent op-ed for Truthout, linking capitalism to the prioritizing of profit over the environment and everything else. The professor has previously donated half of the profits from his book chronicling Antifa to the organization, written an introduction to an Antifa comic book, and tweeted glowingly about Antifa flags made by kids at a summer camp. Dartmouth professor argued on Tuesday that "if we don't abolish capitalism, capitalism will abolish us." Dartmouth College lecturer Mark Bray made the remark in an op-ed for Truthout, titled "How Capitalism Stokes...
  • 23 charts and maps that show the world is getting much, much better

    10/21/2018 7:43:19 AM PDT · by Baynative · 16 replies
    Vox ^ | Dylan Matthews
    EXHIBIT: The power of media On display here is the power of the media that I think is helping to shape the distorted opinions of millennials. While the charts and maps show optimistic trends in almost every category, the author starts this report by saying: "For most Americans, these feel like bleak times. We have a massively unpopular, scandal-plagued president whose aides are being convicted of serious federal felonies. Overt, old-fashioned racism is publicly visible and powerful in a way it wasnt only five years ago. More than 200 admired, powerful men have been accused of sexual misconduct or assault....
  • EXCLUSIVE: 'Life after Google: 10 Laws of the Cryptocosm'

    10/16/2018 6:46:22 PM PDT · by george76 · 26 replies
    Townhall ^ | Jul 17, 2018 | George Gilder
    Googles security foibles, its aggregate and advertise model, its avoidance of price signals, its silos of customer data, and its visions of machine mind are unlikely to survive the root-and-branch revolution of distributed peer-to-peer technology, which I call the cryptocosm. Today, all around us, scores of thousands of engineers and entrepreneurs are contriving a new system of the world that transcends the limits and illusions of the Google realm. In the Google era, the prime rule of the Internet is Communications first. That means everything is free to be copied, moved, and mutated. While most of us welcome free on...
  • How Living Two Years Under Socialism Made Me a Capitalist (Israel, not Venezuela)

    10/13/2018 10:44:54 AM PDT · by RoosterRedux · 33 replies
    American Spectator ^ | Dov Fischer
    In 1985 my family moved to Israel for two years, playing our part in reclaiming a heretofore unclaimed portion of our Biblical patrimony. *snip* In those years, Israel was governed primarily under socialist economic principles. Always a democracy, Israels governing institutions nevertheless were founded by deeply non-religious and even anti-religious secular socialists who had fled Tsarist Russia in the late 1800s. For half a century, until the Menachem Begin earthquake election of 1977, Israel was governed by coalitions led by the leftist Labor Party. They had built the socialist kibbutzim (agricultural socialist collectives) that the liberal media idealized. These were...
  • Capitalism vs. Socialism: A Story of Two Family Relics

    09/15/2018 5:13:22 AM PDT · by WWII_Historian · 7 replies
    American Thinker ^ | September 15, 2018 | Gary Gindler
    The history of the first document dates back to the beginning of the 18th century. The scene is a North American colony called the Province of New York. For his services to Great Britain, a German nobleman received land from King George II in the royal colony of New York. The area was large, but subsequent generations quietly sold it piece by piece. This family of new settlers supported the colonists, not King George III, in the Revolutionary War. This allowed the ownership of the land to be preserved after the war. Now my good friend owns this land (or...
  • Offensive Social Justice Corporatist Pandering

    09/06/2018 10:36:44 AM PDT · by Sean_Anthony · 2 replies
    Canada Free Press ^ | 09/06/18 | Dr. Ileana Johnson Paugh
    These social justice brats will know capitalism and Christianity are evil because their smart devices, corrupt politicians, and teachers would have told them so at nauseam If I had a dollar for every young and ill-informed brat in this country who believes that our nation is oppressive and in need of a communist social justice makeover, supporting the benched quarterback who took a knee during the playing of our National Anthem, I would be rich. It would seem that education would clarify the confusion these brats experience. However, since most educators are hard-core socialists and they indoctrinate every student who...
  • Conservative Response to Liberal Socialism

    08/28/2018 5:35:47 AM PDT · by econjack · 29 replies
    Facebook post | 6/3/2018 | Tom Nicholson
    The Corvette. A man named Tom Nicholson posted on his Facebook account the sports car that he had just bought and how a man approached and told him that the money used to buy this car could've fed thousands of less fortunate people. His response to this man made him famous on the internet. READ his story as stated on Facebook below: A guy looked at my Corvette the other day and said, "I wonder how many people could have been fed for the money that sports car cost." I replied I am not sure; it fed a lot of...
  • Burning Man: Inside the world's WILDEST festival

    08/26/2018 10:15:08 AM PDT · by rktman · 71 replies
    dailystar.co.uk ^ | 8/25/2018 | Tom Fish
    Tens of thousands have gathered for the deranged nine-day festival of excess, which is unique among others in frowning at any hint of commercialism. Incredible photos show attendees donning outrageous Mad Max-style outfits, or even forgoing clothes at all, under the relentless sun. Some are seen traveling around the temporary city in post-apocalyptic "art cars" and bicycles. And the ritualistic burning of a giant human-shaped effigy is seen sending smoke and flames billowing into the empty skyline.
  • What Venezuelan savers can teach everyone else

    07/23/2018 6:46:10 PM PDT · by Diana in Wisconsin · 10 replies
    The Economist ^ | 7-19-2018 | Buttonwood
    ASK the chief investment officer of a fund-management firm how to spread your investments and you will be told to put so much in stocks, so much in bonds and something in hedge funds or private equity. Chances are that white-elephant buildings, eggs and long-life milk will not feature. But in Venezuela, where the inflation rate is in the tens of thousands, things that people elsewhere would shun for fear they will lose value have become stores of real wealth. That is why you can see scaffolding and other signs of a building boom dotted around Caracas, the capital of...
  • Debunking Socialist Myths: 90 Percent Of Scandinavias Wealth Is Privately Owned

    08/18/2018 5:17:13 PM PDT · by SeekAndFind · 15 replies
    The Federalist ^ | 08/18/2018 | By Giancarlo Sopo
    By Giancarlo SopoAugust 17, 2018 I woke up early one recent morning, scanned the news, and stumbled upon a tweet praising an “informative and fun podcast episode” that promised to set the record straight on Scandinavian socialism. Having read a decent amount about the Nordic model, I was curious to see what kind of wisdom Matt and Elizabeth “Liz” Bruenig, of the People’s Policy Project and Washington Post, respectively, had in store.After a light-hearted intro, Liz began with “Norway is not socialist?” alluding to a recent Forbes article that contradicted claims that Scandinavia is a socialist paradise. This prompted...
  • Opinion: Capitalism can crack climate change. But only if it takes risks

    08/17/2018 11:49:30 AM PDT · by Oldeconomybuyer · 28 replies
    The Guardian ^ | August 17, 2018 | by Larry Elliott
    This summers heatwave has provided a glimpse of the future, and it is not a pretty one. On current trends, the years to come will see rising temperatures, droughts, a fight to feed a growing population, and a race against time to reduce dependency on fossil fuels. The struggle to combat climate change brings out the best and worst of capitalism. Decarbonisation of the economy requires alternatives for coal and cars that run on diesel, and that plays to capitalisms strengths. The good news is that in Beijing and New Delhi, policymakers have woken up to the idea that green...
  • Elizabeth Warren to introduce the 'Accountable Capitalism Act'

    08/15/2018 8:04:42 PM PDT · by Beave Meister · 71 replies
    The Washington Examiner ^ | 8/15/2018 | Pete Kasperowicz
    Sen. Elizabeth Warren, D-Mass., will introduce legislation Wednesday aimed at making the nation's largest companies accountable to employees and their local communities, not just shareholders. In an op-ed for the Wall Street Journal, Warren said companies in the late 20th Century started operating in a way that made them slaves to shareholders. "That shift has had a tremendous effect on the economy," she wrote. "In the early 1980s, large American companies sent less than half their earnings to shareholders, spending the rest on their employees and other priorities." "But between 2007 and 2016, large American companies dedicated 93% of their...
  • Democrats More Positive About Socialism Than Capitalism

    08/14/2018 12:50:38 PM PDT · by NohSpinZone · 15 replies
    Gallup ^ | 8/13/18 | By Frank Newport
    STORY HIGHLIGHTS 47% of Democrats view capitalism positively, down from 56% in 2016 57% of Democrats now view socialism positively, little changed from 2010 Republicans very positive about capitalism; 16% positive on socialism
  • Elon Musk and Crony Capitalism

    08/10/2018 6:59:11 AM PDT · by SeekAndFind · 15 replies
    American Thinker ^ | 08/10/2018 | By Allan C. Brownfeld
    Crony capitalism – the close alliance of big business with government – leads not to free enterprise, but to its opposite, in which government, not the market, chooses winners and losers, through subsidies and other forms of largesse.  Adam Smith, the great philosopher of capitalism, understood that businessmen want to maximize profits, and how it is done is of secondary interest.  Indeed, he once said that when two businessmen get together, the subject of discussion is how to keep the third out of the market.  Adam Smith and more recent philosophers of the free market such as Friedrich Hayek, Ludwig von Mises,...
  • Recovering the Judeo-Christian ethic precedes European recovery

    08/07/2018 7:05:22 PM PDT · by CondoleezzaProtege · 7 replies
    Australia Broadcasting Company ^ | 14 Dec 2011 | Jonathan Sacks
    Let me now begin with a striking passage from Niall Ferguson's recent book, Civilization. In it he tells of how the Chinese Academy of Social Sciences was given the task of discovering how the West, having lagged behind China for centuries, eventually overtook it and established itself in a position of world pre-eminence. At first, said the scholar, we thought it was because you had more powerful guns than we had. Then we concluded it was because you had the best political system. Then we realised it was your economic system. "But in the past 20 years, we have realised...