Nothing is certain except death and taxes, but antigunners exploiting tragedy to pass more gun control laws is close behind.

The events of the last few years have resurrected a recurring worry among people mindful of their liberty, property, and personal dignity. This worry centers around the prospects of the emergence of the notorious “new world order,” a worldwide totalitarian plot hatched by globalist “elites” intent on destroying the surviving remains of free speech, free enterprise, and free thought.

Many people blame capitalism for ever-increasing consumption, individualism, and the greedy pursuit of profits. Not very often do we see capitalism defined in any other way. In this article, I suggest an Austrian economics definition of capitalism that explains capitalism economically and without moralistic tones.