The West is getting increasingly worried about China’s export prowess as its companies are rapidly gaining market shares in green and high-tech industries. Recently, U.S.

From Mullah to Progressive

Last Friday, the Bureau of Labor Statistics reported that the unemployment rate had jumped to 4.3% in July. The pace at which unemployment is rising matches the speed often found in the early stages of a recession — an indicator known as the Sahm Rule. The triggering of the Sahm Rule sparked a panic in the stock market that only grew at the start of this week after other economies, especially in East Asia, experienced even sharper downturns.

Recently, there has been a scandal in the luxury fashion industry concerning “unethical business practices,” and without going into the history or nature of these industries, somethings are particularly disconcerting about the scandalizing itself. The practices may be causes of disturbance; however, that is not our aim in this article. What I seek to put under scrutiny is the journalistic slandering of these corporations.

Respect for the rule of law cannot simply mean a moral obligation to obey legislation. History is replete with too many examples of tyrannical legislation for that notion to pass muster. But if the rule of law does not mean obeying whatever legislators enact, what does it mean?