Posts Tagged ‘Capitalism’

The Dark Side :)

Posted by Eric B. on April 5th, 2010 under Democrat, Government Spending, Politics, Republican, Uncategorized, budget Tags: , , , , , ,  •  No Comments

I like to get in the head of the “other side” - for example, when I was an auditor, I wanted to figure out what client management was thinking when they chose not to record a liability for an obvious loan, or when I took my cell phone back to Verizon within their “30-day No [...]

Capitalism results in Inequality, by Necessity

Posted by Eric B. on September 20th, 2009 under Economics Tags: , , ,  •  No Comments

In the weekend edition of the Wall Street Journal was a memorium for Irving Kristol.  The memorium took excerpts from several of Kristol’s famous articles, and I liked this one the best:
“Income Inequality Without Class Conflict, Dec. 18, 1997
It is often said that capitalism—that is, a market economy—is morally obnoxious because its “trickle-down economics” inevitably [...]

Who Are the Inventors, Producers, Creators?

Posted by Eric B. on April 18th, 2009 under Economics, Uncategorized Tags: , ,  •  3 Comments

Since the weekend is running slow. I thought I’d return to a favorite topic: Atlas Shrugged.  An important idea discussed by this book is, “What would happen to the economy, government, and/or society if the producers, inventors, and contributors one day stopped and disappeared?”  We’re talking about the people who really move the world.  
 The [...]

Ayn Rand - the Financial Nostradamus?

Posted by Eric B. on March 14th, 2009 under Economics, Small Government, Uncategorized Tags: , , , ,  •  1 Comment

Those who support anarchy have the Anarchist Cookbook, those who believe in capitalism have Atlas Shrugged. Here is another WSJ article discussing her ideas from the 1950s that have important relevance today.  It is from this weekends edition.
IS RAND RELEVANT? 
By YARON BROOK
Ayn Rand died more than a quarter of a century ago, yet her name appears [...]

The Ugly Side of Capitalism

Posted by Eric B. on March 4th, 2009 under Economics, Foreign Policy, Government Spending, Small Government, Uncategorized Tags: , , , ,  •  4 Comments

Capitalism has a very dark side.  Read about it in a book called Confessions of an Economic Hitman (Highly recommended).
Here is a quick synopsis:
Certain corporations and political organizations (collectively, the “corporatocracy”) hire consultants to encourage world leaders to become part of a vast network that promotes U.S. economic interests.   Specifically, the consultants (economic hitmen, or “EHM”s) [...]