Some random thoughts on free enterprise, expanded from a comment to yesterday’s post.
Does free enterprise, usually called “capitalism” because of Karl Marx’s influence, depend upon greed? No, in fact. The expression “it depends heavily on greed” is counterfactual in my opinion. Consider:
One commenter suggested that the problem with current immigration law is that Congress has not been forced to act. I didn’t quite agree: Current law enacted by Congress handles immigration reasonably well. It certainly prevents the current crisis. Except that it didn’t […]
President Obama, speaking at the Summit of the Americas last month, made a couple of intriguing statements.
Perhaps President Correa has more confidence than I do in distinguishing between bad press and good press. There are a whole bunch of press that I think is bad, mainly because it criticizes me, but they continue to […]
One topic I am thinking about is the farcical kabuki dance surrounding the Iran sanctions regime. T^he lawmakesr pretend that they are going to be tough about the sanctions. Obama pretends that he will be tough about the sanctions. But in fact we effectively released them more than a year ago.
Citizen Tom wrote a post about the Ferguson fiasco and the subsequent “searing” report, entitled “When Liars Refuse to Give Up.”
The commenter “scout” was confused about the word “liars” (among other things). I was not:
I listened to Benyamin Netanyahu’s speech. His message boiled down to: […]
Harvey_Rritt commented on the “Acting White” post in a way that made me think a moment:
Terry Pratchett calls it the Crab Bucket. It is a perfect expression. (He does that.) When a crab starts to get out of the bucket full of crabs, the others, awaiting death by live steam, pull the escaping crab […]
@Pete, who wrote: “at the same time, [Adam Smith] saw the need of government as an interventionary force to prevent excesses that worked against the general public interest” In the material you quoted, and elsewhere, he argued strenuously against exactly this. It is precisely such government interference, “[t]he proposal of any new law or regulation of commerce,” that he warned required “great caution” because of the involvement of crony capitalism. […]
Pigs, pork, bacon … all being covered up by a Western publisher deathly afraid of offending the “tiny minority” of Muslims who will kill them. Ostensibly, they are afraid to “offend” people, specifically “Muslims and Jews” — except for the suggestion that no Jew has ever complained. From the International Business Times article: “One of the biggest education publishers in the world has warned its authors not to mention pigs or sausages in their books to avoid causing offence …” […]
I am a bit reluctant to get into this topic, because many of the people whose fellowship (and political alliance) I value are creationists of one form or another. Generally, they’re often better people although not specifically for that reason. But, here goes: