Capitalism Sucks!

When was the last time you saw a movie where a businessman was the good guy?  (If you are one of the dozen or so people who saw the Atlas Shrugged movies, you can sit down now.)  Maybe I’m hanging out with the wrong people, but it seems to me most of my contemporaries lean anti-capitalist.  It gets even worse when I listen to younger generations.  Like our current president, it seems more fashionable in America today to be a Marxist, socialist, or communist.

This is no accident. 

    

Ask anyone who the father of communism or modern socialism is, and they will be able to name Karl Marx and explain Marxism in detail.  Next, ask them who the father of capitalism is.  I doubt you’ll get the right answer.

 

I contend the correct answer is again... Karl Marx.  Yes, I’m saying that Karl Marx is both the father of communism AND the father of capitalism.  In fact, Karl Marx was the guy who defined capitalism for the masses in a scathing critique of capitalism called Das Kapital.  In other words, the word most people use today when describing economic liberty, “capitalism”, is actually a Marxist epithet!

Many would credit Adam Smith as the guy who had the most influence in shaping America's economy. On that I agree.  Adam Smith’s book “An Inquiry into the Nature and Causes of the Wealth of Nations” was conspicuously published in 1776.  That date rings a bell, no?  But the word capitalism didn't exist in Adam Smith’s day.  He never used it!    

If everyone knows what Marxism is, why doesn't everyone know what Smithism is?  Because it’s not taught.  Marxism is taught everywhere all the time.  If you want to learn about Adam Smith, you have to go looking.  If you go to Wikipedia and look up Marxism, you’ll find plenty.  If you go to Wikipedia and look up Smithism, you’ll get crickets. 

Similarly, if you go to Wikipedia and look up communism, Marxism, or socialism you’ll find exhaustive explanations.  If you look really, really, hard you might find a brief criticism near the bottom of these entries.  If you look up capitalism, you’ll find a long section titled “Criticisms of Capitalism”.  Moreover, most of the entry is laced with subtle and not so subtle digs at capitalism.  This is not surprising because the word capitalism itself is a straw-man.

How about some of the more modern terms, like Supply Side Economics?  You are probably familiar with many criticisms of supply side economics.  But can you accurately define it?  Can you define its opposite, Demand Side Economics?

 

·         Supply side economics is the theory that people will enthusiastically SUPPLY their efforts and capital if they are free to realize the rewards.   

·         Demand side economics is the theory that people will enthusiastically DEMAND the efforts and capital of others if they are subsidized to do so.

 

These are opposite approaches for achieving economic goals:  Supply Side seeks to optimize overall economic vitality (Smithian).  Demand Side at times seeks to stimulate economic consumption (Keynesian stimulus), and at times to achieve egalitarianism (Marxist redistribution).

If you look up supply side economics on Wikipedia, you’ll find a thorough entry.  You’ll also find plenty of criticisms.  Look up demand side economics, and you’ll find nothing.  No definition, and certainly no criticism.  Again, the language is controlled by anti-capitalists.  (I made an attempt to define Demand Side Economics in a tongue-in-cheek cartoon a while ago:  See it here.  (language warning!))

I understand why Marxists, communists, socialists, and Keynesians use Marx’s term, capitalism, for our economic system.  What I can’t understand is why others use the term also.  

I’d love to see supporters of economic liberty use terms like Smithist, Smithism, Smithian or just plain "liberty" to describe their ideas.  Let the critics argue against economic liberty for a change!

Scientology vs. Clintonology

Friends discuss Scientology and Hillary Clinton's campaign for president.  Oh, and there's even a labradoodle in it!

(If you like the technology that makes this possible, support NAWMAL / XTRANORMAL as they try to get back on their feet.  www.nawmal.com  www.xtranormal.com)

Ready for Hillary [VIDEO]

Forget the destroyed servers, the email, foreign donations, Benghazi, the jailed video maker, the Rose Law Firm, Cattle futures, WH travel office, Whitewater, etc., etc., etc.  This woman, who wants to be the next president has been covering-up her husbands sexual assaults and infidelity for decades.  But even more than that, she was in charge of the systematic smearing and intimidation of his victims! Hillary Clinton is unfit for any job.  Period. With the possible exception of license plate maker.    

Obama vs. Christians

[VIDEO 22 seconds  - Obama and David Cameron on whether their countries are Christian.  Cameron's comment was from this Easter.]

Yesterday, Barack Hussein Obama, peace be upon him, chose an Easter prayer breakfast as an opportunity to berate Christians for their "less than loving" expressions, presumably in response to the reluctance of some Christians to perform services which contradict their faith.  Adhering to religious beliefs is somehow "less than loving" in Obama's world, at least when it comes to Christians.

When it comes to Muslims rampaging across the globe mass-murdering Christians (among other infidels), Barack Hussein Obama, peace be upon him, cannot even name the "less than loving" religion they are acting in the name of.  Moreover, he chooses to ignore the fact that the murdered victims were targeted because they were Christians (or Jews, or infidels) preferring to refer to them by the generic "folks", or "citizens", or simply ignoring the massacres altogether.

Have you ever heard Barack Hussein Obama, peace be upon him, berate jihadist Muslims in a manner commensurate with their evil?  Or with even close to the disdain he shows for Christians? No, instead he berates Christians for the Crusades!

None of this matters to the majority of nominal Christians who voted for Barack Hussein Obama, peace be upon him.  In this they are much like their Judeo-Christian coreligionists the Jews, who have a habit of ignoring danger until it's far too late.

Bitter Clingers vs. The Mullahs

If you are a law-abiding Christian who supports the second amendment, Barack Obama believes you are a terror threat, a "bitter clinger", and has you living under severe ongoing sanctions.  If you are a Shiite Mullah with intercontinental ballistic missiles, thousands of spinning centrifuges, plans for a nuclear bomb, who chants death to Israel, death to America, and is in the process of gaining regional hegemony, you just had your sanctions lifted.  Take a moment to let that sink in.

Remember when Barack Obama referred to rural gun owners as "bitter clingers", bitter over their economic malaise and clinging to their guns and their religion?  These are the people being sanctioned by Barack Obama in numerous and diabolical ways.  They are being forced to pay for abortions, their groups are discriminated against by the IRS, the DHS targets them as a terror threat, their gun shops are sanctioned by Operation Choke Point, their legal right to purchase ammunition is thwarted by government bulk purchases and bans,  they are being forced to perform services against their beliefs, and they are mocked and ridiculed by Obama and his minions.

Meanwhile, Iran, a totalitarian theocracy, the world's number one state sponsor of terrorism, the most egregious rogue nation on the planet, fomenter of regional chaos, persecutor of women, gays, and minorities, a nation which seeks to bring about global armageddon, which regularly chants death to Israel and death to America, just got a green light to keep all their existing nuclear infrastructure, all their intercontinental ballistic missiles, and got all their sanctions lifted in exchange for some vague promise to allow limited inspections by some guys in blue helmets sometime in the future.

Seriously, you can't make this stuff up.

(UPDATE:  Remember when Obama declared, "We are no longer a Christian nation..."?  Meanwhile, David Cameron just declared that Great Britain still is.  Below is a video compilation of the two statements by the two leaders.  Incidentally, the US is about 80% Christian, while Great Britain is about 60%.  [VIDEO - 21 seconds])

WTF?

Wilco to play Klan Rally?

Barack Obama, Magician

"Great liars are also great magicians."

Barack Obama wants you to believe he is negotiating with Iran about nukes.  Pick up a paper, watch a news show, listen to the radio, wherever you are in the world, you will be told about an historic negotiation going on with the P5+1 talks, and it's all about Iran's nuclear program.

Truth is, these talks are nothing more than cover for lifting sanctions on Iran, many of which were preemptively lifted before the talks started.  The talks are Kabuki theatre, a magic trick, to distract you from seeing what's really going on.  This is a trade deal with the world's number one state sponsor of terrorism - a rogue nation bent on bringing about nuclear armageddon, wiping Israel off the map, and achieving regional Shiite hegemony.

If you have any doubts about whether or not this is about nukes, I advise you to read Dan Henninger's piece in The Wall Street Journal, "Why the Iran Deal is Irrelevant" from 4/2.   Mr Henninger chronicles the parallels between North Korea and Iran and the pursuit of nukes.  Iran cannot be stopped by talking.  Everyone knows this.  Talking had zero effect on North Korea over three presidencies.  Sanctions, and the perception that force is an option, are the only way to prevent a rogue nation from acquiring nukes.

Not only has Obama lifted sanctions and taken the threat of force off the table, he is guaranteeing Iran the right to spin centrifuges, enrich uranium, and follow through on their promise to nuke Israel off the map.  This trade deal does nothing but make Iran richer and accelerate their ability to achieve these goals.

Barack Hussein Obama, peace be upon him, apparently shares these goals.

Incidentally, the quote at the top is often credited to Adolf Hitler.  

Iran Names New Nuke

RFRA Hypocrisy

This whole #RFRA/Indiana kerfuffle is more blatant hypocrisy from gays and the left.   These people present themselves as paragons of tolerance and acceptance, while claiming anyone with beliefs at odds with theirs is a hater and a bigot.  Remember how the left mocked Mitt Romney and made an issue over polygamy in Mormon history?  I'll never forget the left's intolerance and bigotry toward Mormons during the last election.  That bigotry now extends to just about every religious person.  (Except Muslims, of course, which they are too cowardly to openly oppose.)  When the left gets all worked up about something like this #RFRA business, they are just exposing their hypocrisy and bigotry.

(I call the above symbol, The Utah Marriage Equality Symbol.   It strikes me as hypocritical to sanction gay marriage while discriminating against consensual adult polygamy, as the left, and most gays, currently do.  Opponents to gay marriage are at least consistent when they say "one man, one woman.")