Capitalism or Marxism
What is it we do not like about Marxism? Is it the lack of motivation to create real value? What is the practical difference between a government based economy and a credit based economy? When money is...
View ArticleSocialism and Capitalism
The US is already a mix of socialism and capitalism. If socialism is always evil then I guess not only are you against the recent government action to buy into private banks and bail out the economy...
View ArticleThe Free Market: Capitalism and Socialism
Adam Smith, an Enlightenment thinker, thought of humans as fundamentally self-interested as contrasted to Thomas Hobbes. Hobbes thought that selfishness worked as a kind of glue for society. His idea...
View ArticleApple: Price Fixing and Collusion
In this essay I discussed how price fixing and collusion occurs regularly in the ‘free market’. Here is another recent example of what I discussed. Here are some lowlights from the article in the Wall...
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