Capitalism does not breed “tyrannical” bosses

Last week I discussed whether we should boycott Amazon, prompted by the recent New York Times article alleging cruel treatment of employees at the...

Bono versus Bill Gates: A capitalist or a statist route to end poverty?

“Aid is just a stop-gap. Commerce—entrepreneurial capitalism—takes more people out of poverty than aid.” You might be surprised that this statement was made by...

Value of competition

The markets are not free in most of the world which means that competition is curtailed. In Canada, the federal government has targeted some...

Capitalism versus the climate?

In her new book, This Changes Everything: Capitalism vs. The Climate, environmentalist Naomi Klein advocates a ban on fossil fuels and a statist utopia...

“Under capitalism, who would regulate us?”

"Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned.” –Ayn Rand To...

How to end poverty

In a recent National Post column, Andrew Coyne reported on a newly released statistic: Canada’s poverty rate had almost halved in 15 years since...

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...

Capitalism versus the climate?

If you think congresswoman Alexandria Ocasio-Cortez (AOC) is proposing new ideas in her Green New Deal, go and read Naomi Klein’s 2014 book, This...

The folly of corporate income taxation: Failure to integrate knowledge

Elizabeth Warren and her fellow leftists love corporate taxation because they see it as a means of income redistribution from wealthy investors to workers,...

Does pursuit of profit cause war?

I recently visited the new premises of my alma mater, Aalto University Business School, in Espoo, Finland. There I picked up an issue of...

Morality of capitalism

I have written about the aversion to capitalism (including among business students) before. Given all the evidence about the benefits of free markets—such as...

How to help workers flourish?

Labor Day celebrates labor unions as the protectors of workers against exploitation by “greedy” capitalists—corporations that allegedly would lock up workers in inhumane conditions...