Capitalism

    On Fairness & Moral Cases

    By: Erick Erickson (Diary)  |  May 14th at 09:23 AM  | 

    Another day, another socialist takes to the New York Times to denounce capitalism. With his criticism — he is a professional critic, which is a job no socialist society would really see value in except as an agenda of propaganda, but he thrives in the capitalist society he condemns — he premises it on some sort of morality. He mocks Christians for embracing capitalism with | Read More »

    Must See TV: Milton Friedman in Defense of Capitalism

    By: Erick Erickson (Diary)  |  September 13th at 09:45 PM  | 

    For you radio guys, the audio of this is worth playing — no video needed to get the point. Milton Friedman defends capitalism to Phil Donohue.

    State Capitalism

    By: Erick Erickson (Diary)  |  May 3rd at 12:00 PM  | 

    There is a lot of talk these days about “state capitalism”. What is it? The best definition is perhaps, “a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.” In other words, it is textbook socialism. But just as liberals now call themselves progressives, they now | Read More »