Sincerely, Donald J. Boudreaux Professor of Economics and Martha and Nelson Getchell Chair for the Study of
Free Market Capitalism at the Mercatus Center George Mason University Fairfax, VA 22030
Not exact matches
Employers are the convenient villain in this narrative, where
capitalism and
free markets only benefit the chosen few,
at the expense of the suffering masses.
As the entire
free world was embracing American style
free market capitalism, we here
at home were turning our backs on it.
There are two principal types of socialism: «full socialism» in which the state owns all (or the vast majority) of business and industry and controls production and
marketing decisions through central planning; and «partial socialism», in which the state owns major businesses deemed to be essential to the national good, and / or subsidizes certain industries to save them from the impact of competition, and provides certain goods and services deemed to be essential
at reduced or no cost, but still allows major sectors of the economy to operate as
free enterprise
capitalism.
Even a glance
at the issue's table of contents shows the article by the Acton Institute's Kevin Schmiesing, «Another Social Justice Tradition: Catholic Conservatives,» which highlights and quotes CA: «The pope approves of that
capitalism «which recognizes the fundamental and positive role of business, the
market, private property, and the resulting responsibility for the means of production, as well as
free human creativity in the economic sector.
Tomasi tries to deflect worries about
capitalism in practice by claiming the high ground of ideal theory: the philosophical choice between
free market fairness and its alternatives ultimately rests not on empirical and feasibility concerns, but rather on which vision of justice is most compelling
at a moral level.
A source close to Mr Cable said he believed in «
free -
market capitalism», but added: «There is a general problem
at the heart of
capitalism.»
I think it explains, indirectly
at least, why
capitalism and
market driven systems need not be destroyed (as some here have maintained) because they are insufficient it some areas, but rather should be supplemented in those areas that
capitalism or
free private enterprise (a major part of individual freedoms) is not designed for or hasn't the wherewithal to handle (ala tragedy of the commons) by appropriate government intervention, rule making, or regulation..
Twenty years ago, when Hansen of GISS (Goddard Institute of Space Science) first resorted to duckspeak («warm is cold,» etc.), Michael Crighton noted: «Freeze or fry, the enemy is always
free -
market entrepreneurial
capitalism, the solution is always bureaucratic State socialism» — that is, wastrel Luddite modes consciously aiming to blast individualist bourgeois consumer culture
at its very roots.
The controversy about global warming resides all too perfectly
at the collision point of environmentalism and
free market capitalism.
The government setting the cost of a commodity
at a point where it become cost prohibitive for people to actually, you know, use it, is not
capitalism, let alone «
free market capitalism» in any rational sense of the word.