Democracy and Capitalism

Marauding multinationals and their enablers in the U.S. government have a worthy adversary in Naomi Klein, a Canadian social critic whose books puncture the underlying assumptions that have made big business such a domina">            |   Bookmarks   Read Full Story

If you plot a scatter diagram with democracy representing the X-axis and capitalism as for the other – you will have countries like US and UK positioned somewhere on the top right corner and some developing countries that have low economic creation with political conflict, civil wars and less developed democratic institutions such as those in the South African parts at the lower left end corner. In between you will have scattered dots of countries and few extremes that reside beyond the... Read Full Story

IT'S ONE THING TO SUGGEST THAT FREE-MARKET CAPITALISM WITH AMERICAN CHARACTERISTICS IS THE LAST AND ONLY HOPE AVAILABLE for the Lower Classes to "save themselves from themselves"--as in their "empowerment towards self-reliance and personal responsibility after years of helpless enslavement to State welfare" and its presumed "tendencies towards promoting Socialist thinking." But it's another to actually offer proof that can substantiate such a claim. Hence, it was time to ask ye of that ilk... Read Full Story

There's a lot about the world that we're never told in The United States. I don't mean this in a sinister or conspiratorial way. Americans just have a rather insular focus, that's all. And there's a lot of what we ARE told that's bogus. Chief among the pieces of misinformation is the myth that the world would be some kind of utopia if only all the nations of the world were democratic. The fact is that democracy is not rare. It's the most common form of government on earth. And about the only... Read Full Story

"Only in crisis...actual or perceived produces real change." -Milton Friedman (The 20th Century's most prominent economist advocate of free markets. He was widely regarded as the leader of the Chicago School of monetary economics, which stresses the importance of the quantity of money as an instrument of government policy and as a determinant of business cycles and inflation. Recipient of Nobel Memorial Prize for Economic Science, 1976, Recipient of the Presidential Medal of Freedom, 1988... Read Full Story