Commentary: An Economy That Only Works for the Rich and Powerful Is Not a Capitalist Economy

Rich Person

Capitalism is disappearing, but Socialism is not replacing it. What is now arising is a new kind of planned, centralised society which will be neither capitalist nor, in any accepted sense of the word, democratic.

George Orwell wrote those words nearly 80 years ago.

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Commentary: The Way to Unite America’s Political Spectrum Is Economic

Middle Class Rally

An insightful, if pithy, tweet surfaced recently on my feed. It nicely summarized what happened to neutralize an awakening electorate in America over the past decade:

“They got you fighting a culture war to stop you from fighting a class war. It was designed that way in 2012 when the woke left & right were created. Occupy Wall Street/The Tea Party were making inroads uniting the political spectrum & the people against Wall Street following the 2008 crash. ‘We’ll get them to argue about women & their cocks instead'”

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Commentary: Christianity, Capitalism, and Colonialism Are Nothing to Be Ashamed Of

Catholic Chapel

We’ve all heard the rhetorical attacks on Western Civilization—often centered on Christianity, capitalism, or colonialism, and often on all three. Among radical leftists, the consensus is that these elements are evil, but given that each is currently or historically integral to civilization as we know it, it’s worth examining the data to determine whether they deserve to be so despised.

First, Christianity. A 2018 study found that religion was “the decisive background factor” determining how much human rights were respected in any given country. And not all religions had the same impact. The percentage of Christians in the population was closely associated with a nation upholding human rights, whereas the percentage of Muslims was the opposite—that is, Muslim countries were less likely to uphold such rights. Another study reached similar conclusions about the effects of Christianity vis-à-vis Islam on nations’ ranking in the Good Country Index. (The index measures countries’ “contributions to global prosperity in domains such as peace, climate and health.”)

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Commentary: The Endurance of an Ideological Paradox

Karl Marx / "How do you do, Fellow Kids" meme

I have written about the death and rebirth of socialism periodically over the years.  But as André Gide said in another context, “Toutes choses sont dites déjà, mais comme personne n’écoute, il faut toujours recommencer”: everything has already been said, but since no one was listening, it is necessary to say it again.

Really, the socialist impulse is a hardy perennial.  How could something so frequently and thoroughly discredited persist in the hearts of men?  Some think it has something to do with the gullibility of the human animal, some (but I repeat myself) with the persistence of the utopian dream.  I suspect there are many explanations, of which the raw desire for power plays an unedifying but also underrated role.  I also favor the explanatory power of original sin, which has profound psychological as well as theological application to many of the more farcical aspects of human experience and what is more farcical than socialism?

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Commentary: The Resurrection of Jesus Is the Most Important Event in History

Jesus Christ

Christians around the world will commemorate the most important event in our faith’s history this Sunday, but the Resurrection of Jesus isn’t just important to those who believe a Nazarene who walked the earth 2,000 years ago is the Son of God. The secular world’s history also turns on this pivotal event, which inspired so much progress that we take for granted today.

Christianity turned the values of the Pagan Roman world upside-down. The Romans considered the early Christians subversives—many called them “atheists” because they didn’t worship any pagan gods—and put them to death for refusing to worship the emperor. After some emperors adopted the faith, Emperor Julian attempted to revive paganism, but lamented that the Christian ethic had transformed the empire.

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Colorado Teachers’ Union Passes Resolution Declaring That Capitalism ‘Inherently Exploits Children’

A major teachers’ union in the state of Colorado recently passed a resolution declaring that the capitalist system of economics “inherently exploits children, public schools, land, labor, and resources.”

According to Fox News, the final draft of the resolution passed by the Colorado Education Association (CEA) reads: “CEA believes that capitalism requires exploitation of children, public schools, land, labor, and/or resources. Capitalism is in opposition to fully addressing systemic racism (the school to prison pipeline), climate change, patriarchy, (gender and LGBTQ disparities), education inequality, and income inequality.”

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Article Shows Ellison Bashing Capitalism, Describing Fear of Crime as ‘White Hysteria’

In a brief Star Tribune commentary from nearly three decades ago, current Minnesota Attorney General Keith Ellison trashed capitalism for its “exploitation of labor” and accused the paper of contributing to “white hysteria.”

Alpha News obtained a photocopy of the Star Tribune edition printed on Saturday, Aug. 7, 1993. In the “counterpoint” section of commentary, the paper published a brief article by Ellison, a then-litigator who was identified as a participant in that year’s urban peace summit in St. Paul from July 14-18. One of the summit’s speakers appears to have been notorious anti-white racist and Nation of Islam leader Louis Farrakhan.

Ellison’s piece responded to what he perceive

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Commentary: The Climate Cult and Their Green Lethargy Future

When I was in Congress, I once went on a fact-finding trip to Pakistan. At the time, the country was being wracked by a terrorist bombing campaign intended, in large part, to destabilize the government of President Pervez Musharraf. What I found, however, was that President Musharraf was facing another threat to his rule.

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Schweizer: The Titans of Wall Street Are Among China’s Closest American Allies

TRANSCRIPT: McCabe: One of the great ironies in investigative journalist Peter Schweizer’s new book Red-Handed is the degree to which the Chinese Communist Party has infiltrated the very heart of American capitalism on Wall Street. Schweizer told The Star News Network that the titans of Wall Street are among China’s…

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Commentary: Shrinking the State Versus Draining the Swamp

The Republican Party is divided. An older generation supports limited government. A younger generation wants to use a large government to pursue unapologetically conservative ends.

Less than a decade ago, the Republican Party seemed wholly committed to limited government, and 2016 was thought to be a “libertarian moment.” Then Donald Trump changed everything.

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Black Lives Matter Launches Christmas Campaign Against ‘White-Supremacist Capitalism’

Black Lives Matter (BLM) is attacking two of America’s most revered holidays, accusing Americans of “eating dry turkey and overcooked stuffing on stolen land” on Thanksgiving and promoting “white-supremacist capitalism” with Christmas.

The official Twitter account of the self-described “collective of liberators” posted, “YOU ARE ON STOLEN LAND” (original emphasis), with the subheading “Colonization never ended, it just became normalized.”

BLM posted a series of Tweets on Thanksgiving about its ideology.

For example, one tweet said, “This #Thanksgiving we send our deepest love to families whose loved ones were stolen by state-sanctioned violence and white-supremacy.

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Commentary: Tennessee Legislature Must Pass Big COVID Test in ‘Special Session’

The red state/blue state dichotomy is not simple.

Nowhere is that more apparent than Tennessee where—despite having one of the most conservative electorates in the country—the leadership has been passive at best in responding to the wishes of their supporters during these days of great crisis.

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Commentary: A.G. Garland’s Use of Police Power Against Parents Could Be His Undoing

Destruction of the family has always been at the center of the collectivist project. In chapter two of The Communist Manifesto, Marx and Engels point out that the destruction of private property will never be complete until the “abolition [Aufhebung] of the family” is accomplished. The dream is perennial among snarling misanthropists. A couple of years ago, an interview in The Nation with a radical feminist explained that if you “want to dismantle capitalism” then you have to “abolish the family.”

It is worth keeping that in mind as the little drama of Merrick Garland versus the parents of America unfolds. I wrote about the attorney general’s absurd but troubling memorandum shortly after it was released on October 4. As all the world knows (but only some precincts of the world admit), Garland threatened to mobilize the entire police power of the state against parents. Why?

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Commentary: Break Up Big Tech Before It’s Too Late

With the rise of populist and bipartisan resentment against Big Tech monopolies along with the recent appointment of Big Tech opponent Lina Khan as chairman of the Federal Trade Commission, government action against these companies seems imminent. People are waking up to the fact that they have way too much power and are a threat to the American way of life.

As if on cue, prominent conservatives have come to the defense of these monopolies. Most recently, Robert Bork Jr. argued in National Review that breaking up Big Tech would lead to “a slippery slope to the end of capitalism and the rise of political management of the economy.” He agrees with conservatives such as Representative Jim Jordan (R-Ohio), who says, “These [anti-monopoly] bills give power to the FTC, the new commissioner we all know is radically left.”

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Majority of Americans Want the Government to Fight Income Inequality, Poll Finds

Group of people gathered, talking next to an office desk

A majority of respondents believe that the federal government should push policies that reduce income inequality in the United States, according to a poll released Friday by Axios.

The Axios poll shows 66% of respondents say the government should work to lower the level of income distributed unevenly, up 4% compared to 2019.

Republicans surveyed who agreed the government should tackle income inequality increased by 5%, and Independents who responded similarly increased by 2%, according to the poll. Democrats saw an increase of 7% in favor of such policies compared to 2019.

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Commentary: Dismantling America Without a Replacement

Calls to dismantle this group or that institution have become the topic du jour in American politics. It started with police departments and the criminal justice system, then it spread to museums, and now one Democratic congresswoman is raising the bar on a logarithmic scale.

In a Tuesday press conference devoted to discussing America’s alleged systemic racism, Congresswoman Ilhan Omar, D-MN, called for dismantling “the whole system of oppression wherever we find it.”

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Commentary: Education Entrepreneurs Are the Only Ones Who Can Disrupt the Status Quo

Transforming entrenched systems and industries comes through disruptive innovation and entrepreneurship. Coined by Harvard Business School professor Clayton Christensen, disruptive innovation is the process by which new ideas and inventions create value and ultimately topple existing competitors. A visionary individual or group spots opportunity and develops new solutions that meet consumer demand faster, better, and more cheaply. This innovation improves our lives through efficiency and cost-effectiveness, allowing us to keep more of our hard-earned money with better service and satisfaction.

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Commentary: An Unexpected Climate Hero is Equity Markets

Joesph Stalin allegedly said that the “death of one person is a tragedy; the death of one million is a statistic.” Fitting neatly with his horrendous ideology, our brains are simply not equipped to understand suffering of astonishing proportions – for a single person suffering we feel empathy; with millions we blink cluelessly before looking away, dumbfounded.

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Commentary: Black Friday Is Capitalism at Its Most Beautiful

I went to a Daily Mass on Black Friday last year. The priest didn’t waste too much time with the homily, but he made a few comments about Thanksgiving and a statement about Black Friday which I found hopefully refreshing. He said, “This is a day for the poor.” Of course, he’s right, but how often do we think of Black Friday in those terms? As Thanksgiving and Black Friday approach once again, let us reflect on this concise but incredibly profound statement.

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Commentary: Why the Pilgrims Abandoned Common Ownership for Private Property

Next year at this time, Americans will mark the 400th anniversary of the landing of the Mayflower in 1620 and the subsequent founding of the Plymouth colony by English Separatists we know as the Pilgrims. They, of course, became the mothers and fathers of the first Thanksgiving.

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Commentary: Slavery Did Not Make America Richer

In the past few decades, a new subfield of history has emerged: the history of capitalism. The subfield is widely popular in the media as a result of hugely influential books such as those of Sven Beckert and Edward Baptist. These two particular authors tie the “peculiar institution” of slavery in American history to capitalism. Many media pundits, as witnessed by recent articles in the New York Times and Vox, jumped on the works of these authors to claim that slavery was “the building block of the American economy” and it made America richer.

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Commentary: Game of Thrones Might Be the Greatest Advertisement for Capitalism Ever Written

by Barry Brownstein   Consider these numbers. The final season of Game of Thrones cost about $100 million to film. In 1300, the entire medieval English real GDP was only 40 million English pounds. Game of Thrones doesn’t hide the desperate poverty of common people living in a fantasy version…

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Commentary: Right-Wing Intellectuals Hate Trump for Smashing Their Pretensions

Max Boot

by Deion Kathawa   More than two years into President Trump’s historic presidency, it behooves us to think more deeply about a persistent sticking point in the political life of the nation: Why do (most) right-wing intellectuals loathe him? This kind of nearly unified opposition cries out for explanation. After…

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Commentary: Our Ignorance Of Socialism is Dangerous

by Walter E. Williams   A recent Victims of Communism Memorial Foundation survey found that 51 percent of American millennials would rather live in a socialist or communist country than in a capitalist country. Only 42 percent prefer the latter. Twenty-five percent of millennials who know who Vladimir Lenin was…

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Amazon: The World’s Most Dangerous Crony Capitalist

by Rick Manning   The bedrock of American commerce – and of the broader capitalist experiment – has always been competition.  If you can build a better mousetrap, invent a longer-lasting light bulb or more efficiently churn out widgets (or in this case, clichés), odds are your endeavor will encounter success. It doesn’t…

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Three Ways Milton Friedman Improved the Field of Economics

Milton Friedman

by Luis Pablo De La Horra   Milton Friedman is probably the most important free-market thinker of the twentieth century. His ideas in defense of capitalism and economic freedom had an enormous influence on the shift towards free-market policies that took place from the 1970s onwards. Countries like the UK, China,…

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