• Capitalism, Socialism And Nationalism: Lessons From History

    Capitalism, Socialism And Nationalism: Lessons From History

    Schumpeter warned that socialism might ultimately prevail over capitalism, for four reasons. Creative disruption is rarely popular. Capitalism itself tends towards oligopoly. Intellectuals are susceptible to socialism. So are many bureaucrats and politicians.
  • Here's how technology has evolved over the past two decades

    Here's how technology has evolved over the past two decades

    Some companies, like Amazon, quickly recovered their value – but many others were left in ruins. In the two decades since this crash, technology has advanced in many ways.
  • The magic of mushrooms: A mycological trip

    The magic of mushrooms: A mycological trip

    In the summer, I went camping with my friends. On the first day after our arrival, I woke up early to take a walk and pick some chanterelles for breakfast. As bad luck would have it, however, I left my glasses in the tent, and without them, I struggle to tell mushrooms apart.
  • Lululemon slammed for promoting event to ‘resist capitalism’

    Lululemon slammed for promoting event to ‘resist capitalism’

    Lululemon against capitalism? Now that’s a stretch! The trendy athleisure brand known for its pricey leggings and yoga pants drew fire this week for promoting an event teaching participants to “resist capitalism.” Online commenters mocked the Canadian company — whose stock price has surged amid the coronavirus pandemic — after it plugged the “Decolonizing Gender” …
  • The very usage of the terms “capitalism” and “socialism” has evolved past the point of clear meaning

    The very usage of the terms “capitalism” and “socialism” has evolved past the point of clear meaning

    The United States has never had a meaningful socialist tradition or even a semi-serious socialist party. Socialism in the United States is a fringe movement at best and always has been. This makes the sudden acceptability of socialism all the more surprising. But with one avowed socialist, Bernie Sanders, campaigning for the presidency for a …
  • Is Woke Capitalism Profitable?

    Is Woke Capitalism Profitable?

    In your foray through the culture wars, you’ve likely come across the term “woke capitalism.” Or the associated adage “get woke, go broke.” A term popularised by New York Times columnist Ross Douthat, woke capitalism refers to a clever ploy where corporations pay homage to the cultural Left in return for leniency when fulfilling their …
  • 6 Reasons Chipotle Proves That Capitalism Is Amazing

    6 Reasons Chipotle Proves That Capitalism Is Amazing

    When you dine at Chipotle, you have more choices than kings had a century ago. 1. For about $10, you gain access to an entire kitchen of gourmet chefs, who work with only the finest cuts of protein and veggies. To produce a similar burrito without Chipotle would require raising your own cows, avocados, poultry, …
  • Anti-Capitalism: Trendy but Wrong

    Anti-Capitalism: Trendy but Wrong

    Most modern critics of capitalism don’t know what it is, or simply choose to ignore the data. You can’t escape it; capitalism has a bad rap. Last night, thousands of anti-capitalist protestors took to the streets in capital cities across the world. Wearing V for Vendetta-inspired Guy Fawkes masks (most of which are made in China), …
  • Money is Only a Tool — Honor Earned Through Hard, Honest Choices are Invaluable!

    Money is Only a Tool — Honor Earned Through Hard, Honest Choices are Invaluable!

    In 1917, Bolsheviks under Lenin seized control of Russia in the famous October revolution, ending a short-lived experiment with constitutional democracy and replacing it with a one-Party socialist state. As the revolution swirled through the streets of St. Petersberg, a girl of 12 watched many of the events from the balcony of her family’s house.  …
  • Extreme Poverty Rates Plummet Under Capitalism

    Extreme Poverty Rates Plummet Under Capitalism

    Think extreme poverty rates rise under capitalism? Think again—the truth might surprise you. The Rich and the Poor Under Capitalism You might have heard the phrase, “the rich get richer and the poor get poorer.” Yes, it’s true that the rich (tend to) get richer, but the poor get richer too—especially if we look at …