Blogroll
Must-Read Articles:
We live in dark times. As the world economy is stumbling, people are beginning to question the very value of liberty, and many are strongly urging that we abandon it in favor of an even more centrally planned, “elitist” economy of quasi-socialism.
This has led to a backlash by American patriots who love liberty and refuse to let it die on their watch. Two movements have grown popular in the last several years: the Tea Party and the Libertarian Movement.
At the Capitalism Institute, we’re part of both camps. We’re trying to unite lovers of liberty and capitalism under one banner in order to wage war against the statists who seek to enslave us completely. We believe that capitalism — the economic system that protects individual rights — is the only moral economic system in the history of the world.
Capitalism is an economic system based on protecting property rights and enforcing contracts — and that’s it. Politically speaking, it’s unpopular — few politicians in the history of man have supported the system, because it takes power from their grip and places it in the hands of individuals to live their own lives.
While the main goal of capitalism is the protection of rights, it also happens to be the greatest economic system for everyone involved — it enriches the poor, increases the standard of living for the world, increases life expectancy, etc. Free markets are behind the greatest intellectual and technological boom in the history of mankind. No socialistic system comes anywhere close.
Socialism is the opposite of capitalism. Capitalism allows the market participants to interact freely; socialism outlaws all bargaining and buying and selling without the consent and approval of the government. It’s based on central planning. It has always failed.
The philosophy of socialism is based on the teachings of Karl Marx, who didn’t trust individuals with economic power, but did trust politicians with that power. His thoughts on economics are delusional, naive, ignorant, and wrong on almost every level imaginable. To learn more, read The Simple Reason Socialism Always Fails.
Long story short, socialism has never worked, has lead to hundreds of millions of murders, impoverishes the people who aren’t politically connected, encourages corruption and dishonesty, leads to intellectual slavery, and ignores every major principle of economics.
When it comes to the economy, most governments aren’t fully socialistic. Some are a hybrid between socialism and capitalism. This hybrid makes absolutely no sense on a philosophical level, and even less sense on an economics angle.
Here at Capitalism Institute, we cover plenty of public policy issues, like the gender pay gap, government mandated health insurance, privatizing public schools, the minimum wage, and dozens of other topics.
This website is based on sound, rational principles of economics. Economics isn’t just the study of money — economics is the study of human behavior in general. Supply and demand, the idea that nothing is free, the concept of the peak oil theory, rational people think within the margins, governments tend toward corruption, etc. Here, you’ll learn about the Chicago school, the Austrian school, the Physiocrats, and the flaws in the Keynesian school of economics.
While the website is still new, we’ll be covering great minds like Ludwig von Mises, Murray Rothbard, Milton Friedman, Ayn Rand, and others.
We also offer the below newsletter subscription as a free service. Give us 15 minutes per week, and we’ll teach you about economics. You’ll be able to impress your friends and coworkers with your understanding of how economic theory works, and will know exactly how to respond when you hear the arguments from people who are for central planning and socialism.
The media is trying to hide the truth, but now you can bypass them. Get our newsletter now:
Copyright Capitalism Institute, 2011-present.