One of the flaws in Capitalism 1.0 is that fairness has often been compromised, justice has often not even been considered. In 2.0, we have to pay attention to justice much more minutely!
Here are two more passages from Ayn Rand: “Rationality is man’s basic virtue, the source of all his other virtues. Man’s basic vice, the source of all his evils, is the act of unfocusing his mind, the suspension of his consciousness, which is not blindness, but the refusal to see, not ignorance, but the refusal
During the elections, one of the most frustrating experiences I had was trying to have intellectual discussions with people about Obama’s policies. While I have tried to examine things with logic, they have decided to suspend logic, and rely on faith. “He will figure it out,” has been the most common line. Well, I don’t
I have to say that one thing our new president does not lack is character. He is doing what he said he would do: redistribute wealth and perpetrate socialism. He is very consistent with his campaign rhetoric, and that is refreshing to see in this world full of two-faced people with no character.
This morning, Obama is giving more working capital to General Motors, keeping yet another failed company on more life-support. The market is responding by falling 300 points after a nice rally last week. The chronic deficit spending continues under President Obama-led wealth redistribution, in perfect opposition to free-market capitalism. Here’s what Ayn Rand has to
Here’s another interesting discourse from John Galt’s speech which is a good lens through which to examine several of our recently discovered “bugs” in capitalism: sub-prime lending and borrowing, Madoff’s scam, etc.
As we explore capitalism as a philosophy and a system of thought, I feel that one of the biggest fallacies in our assumption so far has been to expect that integrity is implicit. It is not.
Never have I spent so much of my thinking energy on trying to understand, question, assess, debug, and dissect a value system that I had, for years, accepted as a fundamental principle of my life. This series, I hope, will provide a forum for many of us experiencing the same period of questioning, an opportunity