Democratic presidential candidate Sen. Bernie Sanders took a swipe at capitalism and discounted GOP frontrunner Donald Trump and his supporters Friday, telling Late Show host Stephen Colbert Trump’s message appeals to the instincts of racism and xenophobia.
We all know what the standard liberal snake-oil response to stagnant wages is: job-killing minimum wage hikes, which also tend to be a big part of the reason income increases grow scarce in the workplace, producing the understandably frustrating wage stagnation people complained about to the NELP researchers and the New York Times. Nothing kills upward mobility for lower-income workers deader than high minimum wages and mandated labor costs like ObamaCare.
In fact, one of the worst things about politicized economics is the false promise that politicians know what the ideal economy looks like, never mind having solid plans for getting there. Is the ideal economy one in which everyone’s basic needs are covered? Welcome to the endless grey fog of the collectivist welfare or communist state, which always proves unsustainable and fails to deliver on those promises anyway.
On August 30, President Barack Obama made an executive decision along with the Department of Interior to change the name of Alaska’s Mount McKinley to its Athabascan Indian name, “Denali.”
When CNN reporter Chris Cuomo asked presidential candidate Donald Trump for his thoughts on Pope Francis Wednesday, Trump responded that he thought “he seems like a pretty good guy,” along with questioning whether the Pope was as anti-capitalist as some
HONG KONG (Reuters) – Police raided the Hong Kong offices of taxi-hailing service Uber Inc on Tuesday and arrested five drivers for the “illegal use of vehicles for hire”, police said.
These videos are exactly what liberal agenda journalists love doing to nearly every other mega-corporation in the land. When the Planned Parenthood executive muses on maximizing the profits of her baby-organ harvesting operation and says, “I think a per-item thing works a little better, just because we can see how much we can get out of it,” that’s the sort of line MSM journalists would underscore with ominous music, and maybe a slow zoom into her greedy capitalist-pig eyes, if this were an expose about any other Big Business.
In a striking series of admissions, Pope Francis told journalists on the flight back to Rome from Paraguay that he has an aversion to the economy, which he does not understand very well, and that he has neglected the middle class.
The Pope should also know better than to position socialism as the solution to greed. On the contrary, socialists are incredibly greedy, as the lavish lifestyles of left-wing Men and Women of the People attest. Even in nations that haven’t been completely flushed down the socialist toilet yet, the people who rail against the way other people “pursue money” tend to be filthy rich and accustomed to fabulous luxury themselves.
The Huffington Post breathily exclaimed Sunday that Pope Francis had condemned “unbridled capitalism” while the New York Times similarly announced that the Pope had excoriated “global capitalism” in recent speeches in Latin America. None of this would be particularly remarkable,
LAS VEGAS, Nevada — In two separate exclusive interviews ahead of his debate with liberal New York Times economist Paul Krugman on Friday, conservative economist Stephen Moore—now with the Heritage Foundation but previously of the Wall Street Journal—told Breitbart News he expects Krugman to defend “Obamanomics,” or a socialist kind of economic policy.
Socialism is having its moment here in America, even as socialism abroad is collapsing in disarray.
LONDON, United Kingdom — Former U.S. president Bill Clinton today declared that ISIS and indeed free market “ideologues” were both opposed to his vision for a more “inclusive capitalism”. Clinton spoke without irony at one of England’s most exclusive venues,
Owen Jones and Russell Brand often rail against ‘neo-liberalism’. According to them, the last three decades have seen an unprecedented experiment in ‘free market economics’ – characterised by a radical slashing of state spending, an erosion of the welfare state,
Two little girls in Overton, Texas named Zoey and Andria Green, aged 7 and 8 respectively, made the mistake of thinking they could sell lemonade to raise money for a Father’s Day gift without obtaining the appropriate clearances from our hyper-regulatory super-government.
The Venezuelan government will begin rationing electrical supplies this week in response to high demand triggered by heat. Public employees will only have to work six hours a day until further notice, and police units will be sent to inspect private businesses to ensure they only use their allotted amounts. Venezuelan Vice President Jorge Arreaza blamed the measures on climate change.
BEIJING (Reuters) – China will likely cut the number of its central government-owned conglomerates to 40 through massive mergers, as Beijing pushes forward a sweeping plan to overhaul the country’s underperforming state sector, state media reported on Monday.
On Earth Day, it’s remarkable how much Green energy (of the political variety) has been pumped into the climate change movement. It gives people an easy way to assume intellectual superiority with virtually zero effort. It’s the eternal crusade, the insoluble problem, the hypothesis that can never be falsified, so it provides sustainable fuel for countless rallies and political power grabs.
Capitalism is the most effective means of wealth creation and distribution yet devised by man. It is also, properly exercised, the best method of combating inequality. But we can only really enjoy the fruits of its successes when those at
In his address to the Italian Confederation of Cooperatives Saturday, Pope Francis employed muscular language in speaking about money — while acknowledging its importance to business.
