Showing posts with label state capitalism. Show all posts
Showing posts with label state capitalism. Show all posts

Tuesday, April 20, 2010

TGIF: Is Capitalism Somethng Good?

The question concerning the relationship (if any) between the free market and capitalism can be addressed at many levels. Let’s start with history. The word capitalist was indeed first used disparagingly by opponents of “capitalism.” But it is important to realize that among those opponents were advocates of property rights and free markets, such as Thomas Hodgskin and later Benjamin Tucker. Why?

The reason is this: In the periods regarded as classic “capitalist” eras, government intervention on behalf of capital was commonplace. Moreover, it was integral not incidental.
The rest is here.

Tuesday, March 02, 2010

Capitalism versus the Free Market

On Monday I flew east to give a lecture titled "Capitalism versus the Free Market," sponsored by the Future of Freedom Foundation and held at George Mason University. I had great time. The audience seemed to appreciate the lecture, and I saw many old friends. I really enjoyed myself.

The lecture dealt with the confusion about the word "capitalism" and the historical reasons why what is known as capitalism has little to do with the free market. You can watch the video here.

Let me know what you think.


Economic Liberty Lecture Series: Sheldon Richman from The Future of Freedom Foundation on Vimeo.

Friday, December 18, 2009

TGIF: Workers of the World Unite for a Free Market

People typically become libertarians because they favor individualism and abhor seeing themselves and others abused. Unfortunately, nonlibertarians don’t know this. They think libertarians are simply pro-business (and anti-labor). We can set the record straight by acknowledging that government-business collusion hurts working people.

The rest of TGIF is here.

Friday, October 16, 2009

TGIF: Frustrating Michael Moore

Whether he realizes it or not, Michael Moore favors a system in which an elite necessarily would make critical decisions for the rest of us. He’d be incredulous to hear that, but if he ever comes to understand it, libertarians might end up with an unlikely ally.
The rest of TGIF is here.