Trump’s victory exposes Democrats’ false claims about ‘evils of capitalism’
Following Donald Trump's victory last week, I was reminded of a conversation I had with one of his closest friends, the late Home Depot co-founder Bernie Marcus. That was exactly one year ago, the day of his death. Barney, who is frail and struggling, told me he was “particularly frustrated.” Capitalism was under attack from […]
BONNER COHEN: Elon Musk Can Stop The Crony Capitalism Give-Aways
Elon Musk is no stranger to facing seemingly insurmountable challenges these days. set the sights About reducing the “astonishing amount of wasted taxpayer money” involved in federal government operations. When Musk offered to lead the yet-to-be-created Department of Government Efficiency during Trump's second term, he embraced the novel idea of combating existing bureaucracies through the […]
We Need to Export Capitalism, Christianity, Free Markets — Not Import the Third World
Appearing on FM Talk 106.5 radio in Mobile, Alabama on Friday, Rep. Barry Moore (R-Alabama) responded to the influx of Haitian immigrants into some parts of the country, including his home state of Alabama. Moore spoke out against “Third World imports” and said the U.S. had more to offer. “These people are going to end […]
America's shortsighted, lopsided capitalism was never built to last
Compared to almost every economy in the world, the United States is currently doing very well, but there are three important caveats. First, there is too much economic inequality. Second, corporate shortsightedness has led to underinvestment and a lack of resilience. Third, right-wing pressure to undermine government has led to underinvestment, inadequate public services, and […]
Woke Capitalism Is a Monopoly Game
In 2018, Ross Douthat of the New York Times introduced the phrase “woke capital.” Essentially, Douthat suggested that woke capitalism works by substituting symbolic value for economic value. Under woke capitalism, corporations offer workers rhetorical placebos in lieu of costlier economic concessions, such as higher wages and better benefits. The same gestures of wokeness also appease the liberal […]
Socialist magazine gets obliterated by the ‘Hiroshima of community notes’ after trying to criticize capitalism
Socialist magazine Jacobin has been slammed by critics on social media for what they called a “Hiroshima” community note on X. Jacobin’s official account criticized the wages paid to Walmart employees, but someone did the math and found that the average pay for the magazine’s writers was likely much lower. “Walmart, notorious for its starvation […]
How Did American Capitalism Mutate Into American Corporatism?
In the 1990s and for years into our century, it was common to ridicule the government for being technologically backwards. We were all gaining access to fabulous things, including webs, apps, search tools, and social media. But governments at all levels were stuck in the past using IBM mainframes and large floppy disks. We had […]
Fmr governor rails against Obamacare’s rising costs: ‘More crony capitalism’
Louisiana’s former Republican governor has slammed Obamacare as “political corruption of the worst kind,” claiming it was designed to establish dependence on the federal government and that this ideology is unique to health care. He also suggested that this was not the case. Bobby Jindal, a former Republican congressman who ran unsuccessfully for president in […]