What motivates haters of capitalism?

The intellectual leaders of the Canadian Left, such as Naomi Klein and David Suzuki, and their celebrity fellow travelers, including Neil Young, Donald Sutherland...

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,...

Collectivism kills business

As a defender of business, whenever I read or hear collectivist claims that the Western ideal of individualism “harms society,” I cringe. Typically, the...

“Inclusive” capitalism and “fair” markets

When government bureaucrats call for “inclusive” capitalism and “fair” markets, you know they are not doing so out of compassion for the poor or...

Why is trade not free?

In a recent National Post column, Robert Fulford rightfully lamented the fact that after a quarter century since the United States-Canada Free Trade Agreement...

Are the rich getting richer and the poor poorer?

The long-standing argument of the Left is that the rich are getting richer and the poor poorer, presumably because the former “exploit” the latter....

Government meddling with markets is costly: Why competition is good and regulation bad

When I travel in Finland (my native country), comparisons of Finland and Canada often come up in conversations. On the first glance, one would...

Government regulation does not make us safe—capitalism does

Would you trust government more than business to keep you safe? Amazingly, most people say yes almost automatically when asked. They see government as...

Why Amazon should choose the United States over Canada

Amazon has released the eagerly awaited shortlist of 20 cities for its second headquarters. Only one contender of the several Canadian cities—Toronto—remains. And when...

“Inclusive capitalism” is not capitalism

Returning from a trip to Europe (the excuse for no posts recently), I read a column in the Wall Street Journal’s Europe edition by...

Profit maximization is moral!

In the last class of my MBA business ethics course, a student commented that while he agreed that businesses must pursue profits to survive,...

Business doesn’t need a “social license to operate”

A “social license to operate” has been widely accepted as something that companies need to gain and maintain, particularly in resource-based industries, such as...