Income equality is not a value—freedom and productivity are

I have resisted writing about the perceived problem of inequality in income and wealth—Thomas Piketty’s book, Capital in the 21st Century, has received too...

 “Shareholder capitalism” and “inclusive capitalism” versus capitalism

In my previous post, I discussed some corporate leaders’ claims that capitalism is dead and their embrace of a “new” corporate purpose: serving all...

Is capitalism dead? Why should you care?

Capitalism has been under attack ever since the Industrial Revolution, which, backed with the Enlightenment ideas of freedom and individual rights, made unprecedented wealth...

More reason and freedom in 2020

Reason and freedom are the fundamental requirements of long-term success in business and of human flourishing; our ability to thrive rests on them both....

In praise of privatization and private property

A recent Calgary Herald column attacked a think-tank’s proposal to improve the city’s governance through privatization of many municipal services. According to the typical...

The Green Reich is encroaching: Banning ‘Le Black Friday’

The Black Friday following the American Thanksgiving has migrated to Europe, where retailers and consumers have embraced it as the big discount day to...

How capitalism helps everyone flourish

In my business ethics course we always discuss the social context of business, particularly the implications of different social systems: the prevailing mixed economy,...

Principle of freedom trumps government regulation: Why cannabis market should be free

A reader commented on my earlier post that advocated legalization of cannabis: “Given you position about allowing legalization and everyone has the right to use...

Let’s thank producers

At best, business is dismissed as amoral. Or at worst, it is accused for being fundamentally immoral. Many people disdain business as the realm...

We should want more billionaires: Why inequality does not matter

The two big political and social questions that dominate the discourse today are climate change and economic inequality. Except, there is not much discourse,...

Capitalism: The pro-human social system

Capitalism is the favorite whipping boy of the leftists (such as the Democratic presidential candidates Elizabeth Warren and Bernie Sanders). It gets blamed for...

Peace, love, energy

The Canadian Energy Executives’ Association (CEEA) had its annual business conference recently in Banff, Alberta. The members are mostly oil and gas executives, or...