Fuel for the Free Mind
Musings about freedom as a lens for solving everyday problems, large and small
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Why is Capitalism Getting Such a Bad Rap? (opens the original)
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In Part 1 of this series, we discussed the awful record of socialism and why it will never succeed. In Part 2, we discussed the ethical and material arguments in favor of free-market capitalism in comparison to socialism (or any other system, for that matter). In Part 3, we discuss why it is that we keep falling for the socialist argument and how we can think more clearly about this. Not you, my educated reader, but there are some lost souls...The first problem i
Why is Capitalism Getting Such a Bad Rap? (opens the original)
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If you missed part 1 of this discussion, I suggest you read it here first. In Part 2, we will review capitalism’s record and see how it compares. Summary: socialism sucks. Always has, always will.There are two approaches we can take here, and they are not mutually exclusive. We can look at it ethically, and we can look at it materially. Let’s do the ethical part first. Free-market capitalism is what happens when people are left to their own preferences (and fraud and theft are proscribed). It is
Why is Capitalism Getting Such a Bad Rap? (opens the original)
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I find it fascinating that socialism is once again making the rounds as a solution for the supposed shortcomings of capitalism. It should not be necessary to say this, but this is a terrible idea. I’m going to spend this edition of FFTFM, and the next edition or two, pointing out what history and reason have made abundantly clear.The resurgent talk about socialism is an old story. It happens periodically, and the fans of socialism never really go away. It is, as numerous authors and ample histor
A Midterm Report Card (opens the original)
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For this edition of Fuel for the Free Mind let’s discuss several issues briefly and give a midterm grade to the powers-that-be. Here we go…Let’s start in Venezuela, where you will recall that the US captured and deposed the dictator Nicolás Maduro in January. No Congressional input or resolution supporting the military action, and no imminent threat to the U.S., so it’s hard to consider the action constitutional. But what is more disappointing is the U.S. attitude since then. The Trump administr
A Gift Worth Preserving (opens the original)
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The 250th anniversary of our nation’s birth is upon us, and we are reminded of the many reasons why it is an occasion worth celebrating. The story of our revolt against tyranny and our declaration of our right to govern ourselves. Our high ideals, as expressed in the Declaration of Independence. Our failure at times to live up to them, and our painful but ultimately successful struggle to live up to those ideals. The many great men and women who helped get us to where we are. All of these are wo
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