We know what a person thinks
not when he tells us what he thinks,
but by his actions.
Isaac Bashevis Singer
Market Capitalism and Innovation
FEE on the Marvel Movie Franchise
Facebook Corner
[I really didn't go to Kibbe's video page on Facebook looking to stomp leftist trolls; now granted, leftists might be pissed by Kibbe calling Marx a terrorist, but for some reason Facebook was featuring the leftist response. I probably should have been more verbose in describing some of the methodological issues in inequality measurement, including the Gini coefficient and more, which I've described in past posts. I find the Politics of Envy ethically repugnant. I don't have an issue with other people making more than me, if that reflects the unfettered supply and demand of their skills and experience. Just because they make more doesn't mean I can't afford a reasonable standard of living.]
Jake Pein Capitalism kills 18 million people a year. Causes endless war, environmental destruction, increasing inequality and monopolization, unemployment, and is completely undemocratic and coercive.
Some dumbass libertarian: “that wasn’t real capitalism though”
Ronald A Guillemette Typical economically illiterate claptrap. Capitalism has rescued over 90% of the global population from global poverty. It's not capitalism that "causes" war; war has existed from the start of time. Capitalists don't gain from killing their customers. It's government that engages in corrupt manipulation vs the real democracy of billions of consumers. So-called inequality is bullshit abuse of economics statistics. Capitalism is in inverse of "coercive"; it involves voluntary exchanges; taxation, on the other hand, is theft.
I suggest the next time you want to call someone a dumbass, look at the man in the mirror, and stop believing social democrat claptrap.
Kibbe On the Idea Marx Was a Terrorist
Political Cartoon
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| Via YAL on FB |
Musical Interlude: My Favorite Vocalists
Sting (with Bryan Adams and Rod Stewart), "All For Love"
