Capitalism, properly understood

March 21, 2018 – Laurence Vance …… Any seller of merchandise or services — from large corporations to small businesses to sole proprietors — should be able to sell or not sell any product or service to anyone they choose.

February 23, 2018 – Robert Higgs …… Capitalism! The actions that go into a worldwide market order don’t just happen; individual entrepreneurs have to make them happen. They deserve all the celebration we can give them.

January 30, 2018 – Marian Tupy …… The marketplace can be a brutal place, but capitalism is also one the most cooperative of human endeavors.

January 27, 2018 – Randall Holcombe …… Capitalism’s critics are a threat to capitalism. Capitalists who work with their cronies in government for favorable treatment are a bigger threat.

December 3, 2017 – Jacob Hornberger …… To the extent that government laws, rules, and regulations interfere with people’s freedom to trade with others, to that extent government is reducing people’s standard of living. It’s making them poorer.

November 20, 2017 – Gary Galles …… Capitalism is a loaded word. Try “willing exchange” instead.

November 15, 2017 – Jeffrey Tucker …… A free market means progress toward ending all forms of exploitation, including sexual harassment.

November 13, 2017 – Richard Ebeling …… The free enterprise, or capitalist, system has done more to improve the material condition of humanity than any other economic arrangement in all of recorded history. Yet, “Capitalism” is constantly condemned and accused of being the cause of humanity’s woes, while in reality, nothing is further from the truth.

November 3, 2017 – Richard Ebeling …… Inequality. Discrimination. Racism. Poverty. Environmental degradation. Worker exploitation. These are just a few of the problems for which capitalism is often (incorrectly) blamed. We need to define the term “capitalism” – what it is, and what it is not.