Among the criticisms of capitalism is that it supposedly creates meaningless jobs created by villainous capitalists to keep people docile. However, it is state power and regulation that makes many jobs little more than meaningless make work.
The concept of “planned obsolescence” makes no economic sense and is often an excuse for governments to harass and shake down innovative entrepreneurs. Much of so-called planned obsolescence is really entrepreneurship at work improving products for users and consumers.
The concept of “planned obsolescence” makes no economic sense and is often an excuse for governments to harass and shake down innovative entrepreneurs. Much of so-called planned obsolescence is really entrepreneurship at work improving products for users and consumers.
The people of Iran suffer not only from authoritarian rule, but they also are victims of an economy in which the authoritarian rulers engage in central economic planning that is destroying the economy. It’s an economy based upon plunder, not production.
Many Americans are convinced that only government can provide useful science since government is supposed to be “neutral,” not corrupted by profit seeking. However, politics corrupts science research more than anything else.
If the individual cannot keep what they earn, cannot build, cannot invest, cannot act without permission, then the income from tourism is nothing but a fleeting consumption and a steady stream of rent for the ruling class.
Jamaica’s constitutional reform will achieve nothing if it continues to indulge the politics of resentment rather than building the framework for liberty.
“Science” is now indistinguishable from politics. As the “acid rain” hysteria showed back in the 1970s and 1980s, “follow the science” is just a political slogan, unrelated to actual science.
“Science” is now indistinguishable from politics. As the “acid rain” hysteria showed back in the 1970s and 1980s, “follow the science” is just a political slogan, unrelated to actual science.
Creation of lab grown meat does not entail the prohibition of other meats, rather an opportunity for market competition and more options for willing consumers.
