Why Wal-Mart Matters
Rather, the popular debate over Wal-Mart is an important part of a broader debate between freedom and interventionism. Those who vilify Wal-Mart do so not for Wal-Mart's political failings but for Wal-Mart's economic successes.
Rather, the popular debate over Wal-Mart is an important part of a broader debate between freedom and interventionism. Those who vilify Wal-Mart do so not for Wal-Mart's political failings but for Wal-Mart's economic successes.
Walter Block debates Rev. David Bolieau on the topics of ethics and economics.
With few exceptions, American unions have long been at the forefront of anti-capitalist ideology and have supported virtually all the destructive tax and regulatory policies that have been so poisonous to American capitalism.
From the 2006 Supporters Summit: Imperialism: Enemy of Freedom, 27-28 October 2006, Auburn, Alabama.
Without a market for blood, people will die. Do we really want to sacrifice more lives in service to the god of socialist economic management?
There is only one system that can support a national and world population on this scale, and it is not socialism, primitivism, or any other than capitalism. Moreover, no form of government can create wealth.
However, even though the Federal Reserve's monetary excesses may occasionally lure too many into day trading and real estate investing, both are worthy entrepreneurial activities. There is nothing inherently slimy about trading real estate, and certainly nothing warranting the state's regulation of this market.
Every human being, by his nature, is free; he controls himself. But in the Old World, men believe that some Authority controls them. They cannot make their energy work by any such belief, because the belief is false.
Income equality and prosperity are not the same things. It is theoretically possible for the state to make all incomes equal; Lenin and his cohorts tried to do that in Russia from 1917-1921, and we know the horrific results of that experiment.
We are being conditioned to believe that for every problem, there is a government answer, and nothing lies outside its purview and expertise. Even mild cases of food poisoning merit a nation-wide investigation and crackdown on bad guys, who, we are encouraged to believe, are always in the private sector and never in the public sector.