The ballooning regulatory state and the moral sanction by business

All taxpayers are suffering under the increasing regulatory and tax burden, as governments in many countries are trying to cope with sagging economies (that...

 “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...

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,...

Why business should care about free speech

I am reading a freshly published book, Defending Free Speech, a collection of essays edited by Steve Simpson and published by the Ayn Rand...

We don’t need protection against big business

Politicians from President Donald Trump to Senator Elizabeth Warren keep complaining that big corporations—Amazon, Google, Apple, Facebook, and others—have too much power and need...

Free speech, censorship, and Facebook: Why should you care?

My esteem for Facebook CEO Mark Zuckerberg has just dropped significantly. In a recent Washington Post op-ed, he implores the government to regulate “harmful”...

Why business (and the rest of us) needs limited government

Many people take government involvement in the economy for granted. They agree that government should determine, among other things: who companies should hire (equal...

Who do you trust more: business or government?

An undergraduate business student recently told me: “People of my generation trust government more than they trust business, particularly large corporations.” While I wasn’t...

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...

“Victims” of capitalism?

When the Canadian government recently announced its plan to build a monument to victims of communism, Elizabeth May, the Green Party leader (and the...

Abolish “supply management”!

One of the sticking points in the trade agreement (NAFTA) negotiations between the United States, Canada and Mexico is the decades old Canadian chicken...