Tag Archive: capitalism

Feb
17

Capitalism and Sustainability

My favorite Herb Stein quote is, “If something cannot go on forever, it will stop.”  That truism is more obvious to some than others.  This week Al Gore took aim at “unsustainable” capitalism.  The bright side is that even Al Gore concedes that “capitalism is fundamentally superior to any other system for organizing economic activity…”  …

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Permanent link to this article: http://wkubbtcenter.com/2012/02/17/capitalism-and-sustainability/

Feb
10

Capitalism: Because we Care about the Poor – and Everyone Else

A true capitalist thinks there are two groups of people, the rich, and the soon to be rich.  A true capitalist understands that engaging in voluntary exchanges made by private individuals in the context of clearly defined and protected property rights, makes each party engaged in the trade better off.  A true capitalist would never …

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Permanent link to this article: http://wkubbtcenter.com/2012/02/10/capitalism-because-we-care-about-the-poor-%e2%80%93-and-everyone-else/

Nov
02

Capitalism: Shaken, not Stirred

GSE’s + Government Corporations + Government Agencies = Capitalism?  Now that really is some fuzzy math.  Government spending accounts for 38.9% of US GDP (all levels of US government) according to the Heritage Foundation.  That means there are 121 other countries in the world where the government plays a smaller percentage role in direct spending …

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Permanent link to this article: http://wkubbtcenter.com/2011/11/02/capitalism-shaken-not-stirred/

Jul
30

“Inconceivable”; or, Capitalism and materialism are not the same

I have just returned from an interdisciplinary conference where other academics kept using the term capitalism. They spelled it the same way I spelled it, but I felt like I was Inigo Montoya in The Princess Bride (1997). To quote two lines from the film: Vizzini: Inconceivable. Inigo Montoya: You keep using that word. I …

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Permanent link to this article: http://wkubbtcenter.com/2010/07/30/%e2%80%9cinconceivable%e2%80%9d-or-capitalism-and-materialism-are-not-the-same/

Jun
21

Soccer, Capitalism, and Rules of the Game

During last Friday’s World Cup match between the US and Slovakia, the US scored a go ahead goal only to have the referee intervene to wave it off. Was it offsides? A penalty? If so, on whom? No one knows. The referee didn’t say. In the US we are used to having referees/ umpires apply …

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Permanent link to this article: http://wkubbtcenter.com/2010/06/21/soccer-capitalism-and-rules-of-the-game/