Posted on By: Fred

How America got lost: A look back at the past 50 years

How did we get here?”

That is a question I have asked myself a thousand times. When I look at the America we live in today and compare it to the America I grew up in 50 years ago, I am heartsick. And I am not alone.

Were there problems 50 years ago? Yes, of course. In particular, there were issues of racism that continued to plague the nation as a result of the scourge of slavery even though it had been abolished 100 years before. Other forms of discrimination also existed and were the subject of continuing reform efforts.

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Posted on By: Fred

Take the ‘Crony’ Out of ‘Crony Capitalism’

When Judge Richard Posner, the prolific conservative intellectual, released his book “A Failure of Capitalism: The Crisis of ’08 and the Descent Into Depression” last year, you might have thought the final verdict was in: Capitalism caused the economic downturn and high unemployment.

That this verdict was pronounced by someone like Posner, who is associated with the University of Chicago and the free-market law and economics movement, gave moral support to all the politicians who were intent on exploiting the recession (as they exploit all crises) to increase government control of the economy.

T

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Posted on By: Fred

Capitalism.org

Capitalism.org is the website for the moral social system: laissez-faire capitalism.
1. What is capitalism?
Capitalism is a social system based on the principle of individual rights. The term capitalism is used here in the broader philosophical political sense, and not in the narrower economic sense, i.e. a free-market.

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Posted on By: Fred

Under Obama, crony capitalism again rules the day

In his best-seller “Inside U.S.A.”, the hugely readable journalist John Gunther described America as it was in the last year of World War II. He interviewed hundreds of politicians, businessmen and journalists, but only four men rated a separate chapter — three politicians and Henry J. Kaiser, the California construction magnate who built dams and ships and manufactured concrete and steel and aluminum.

Read more at the Washington Examiner: http://www.washingtonexaminer.com/politics/Under-Obama_-crony-capitalism-again-rules-the-day-84271222.html#ixzz15AQRolkH

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Posted on By: Fred

Obama’s Slave Ship

When I was young and living in Manhattan, I saw an Off-Off-Broadway play called Slave Ship. It was an experience I’ll never forget.

Unbeknownst to me, the performance was conducted in total darkness. The audience was subjected for one very long hour to the harrowing sounds of slavery. There were blood-curdling screams, whippings, and more.

Given that we were trapped in pitch blackness, the audience was held captive like the slaves, compelled to experience the same terror, helplessness, and despair. This was undoubtedly the intention of the play.

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Posted on By: Fred

Time to Tackle Right to Work

The 2010 landslide means that Republicans in the House can stop any new legislative initiatives by the Democrats and that Senate Republicans, if united, can stop almost anything Democrats want to do in that body as well. House Republicans can also send to the Senate bills that will put political pressure on Obama and Senate Democrats, like a complete extension of the Bush tax cuts. But at the federal level, Republicans cannot actually do anything without Democrats caving in.

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Posted on By: Fred

Library of Economics and Liberty(Liberty Fund)

The Library of Economics and Liberty is dedicated to advancing the study of economics, markets, and liberty. It offers a unique combination of resources for students, teachers, researchers, and aficionados of economic thought.

The website is provided by Liberty Fund, Inc., a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals. The Foundation develops, supervises, and finances its own educational activities, with the goal of fostering discussion and thought on enduring topics pertaining to the creation and maintenance of such a society.

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