One reason people don’t like capitalism is because they think it is unfair. One reason people think capitalism is unfair is because they believe that crony capitalism is the same as free-market capitalism. It is not. In fact, crony capitalism is closer to the opposite of free-market capitalism. What is crony capitalism? Crony capitalism is … Continue reading Crony Capitalism ≠ Capitalism
Some people justify Big Government by claiming that it helps the Little Guy. This romantic view is largely political salesmanship. Big Government is more about helping politicians, government workers, and powerful special interest groups than the Little Guy. Let’s look at how government policies harm the Little Guy. Little Guy realities Before we begin, let’s … Continue reading Government helps the Little Guy?
You may have seen headlines saying that CEO’s make 300 times more money than the average worker. These can be deceptive. The data may not be comparable, or cherry-picked for “wow” factor based on only the largest companies. I realize this post may be unpopular, even though it is not a full defense of CEO … Continue reading Are CEO’s overpaid?
The more I ponder the topic of capitalism, the more convinced I become of the importance of businesses. I used to think of businesses as generally a good thing because they provide jobs, but I see now that it’s much more. Everyone should want a business-friendly environment. Not because it helps businesses, but because it … Continue reading Why we should be pro-business