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…Read More
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.Read More
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.Read More
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.Read More
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?Read More
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.”Read More
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.Read More
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.”Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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…Read More
by Michael Munger Josh Billings famously diagnosed a problem with beliefs: “I honestly believe it is better to know nothing than to know what ain’t so.” I am astonished at how many students, and for that matter adults, in the U.S. honestly believe that the U.S. should model itself…Read More
by Christopher Gage My old man tells me he left college in the 1970s and walked into a job for life. He tells me his first home cost twice the average salary. Then he tells me, without a soupçon of jest, “things were still pretty tough back then.” His…Read More
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…Read More
by Barry Brownstein You don’t have to search far to read claims that capitalism is centered on greed and selfishness. For some, the assertion seems self-evident as they read, for example, stories of pharmaceutical companies dramatically increasing the price of important drugs. Those who hold a “capitalists are greedy” belief fail to…Read More
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…Read More
by Burton Folsom We study history to learn from it. If we can discover what worked and what didn’t work, we can use this knowledge wisely to create a better future. Studying the triumph of American industry, for example, is important because it is the story of how the…Read More
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…Read More
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,…Read More