Entrepreneurs see the future better than others and go and make money off it. Profits are an index that maladjustments are being met and combatted by the profit-making entrepreneurs. Capital does not beget profits. Only wise entrepreneurial decisions do that.
Philp captures much of the controversy surrounding modern yoga in his film, but not all.
Competition in the market economy separates the good ideas from the not-so-good and helps us economize on scarce resources.
The market may not give us a perfect world, but market-based thinking can get us closer to the best possible world on which no amount of central planning could possibly ever improve.
The price system is a system of action, not words. It is decisive and takes responsibility.
The film's antitechnological, anticapitalist message needs to be exposed and countered by all thinking individuals.
What will it take for the public sector to begin seeing the informal sector as a model to replicate rather than a symbol of anti-social economic activity?
It was the basis of the belief of our ancestors that they could throw off tyrannical rule and still not have society descend into poverty and chaos.
The only real answer here is to let the free market rule, which is another way of saying that people should be free to come to their own negotiations about the prices they are willing to pay or accept for this and that.
