Capitalist Today

"The stormers crossed the threshold of the establishment's cushy elitism and exposed lawmakers to the real-world ire their actions create."

Why the Capitol Riot Terrified the Elite There’s no reason to be despondent or worry that the Left has sealed its ultimate victory—it has done no such thing. Rather, the storming, for what it's worth, proved the power of ragtag populists and exposed the elite’s shaky foundations. There’s a reason they’re so terrified.

Disgusting.

Macron Says He Wants "To P**s Off The Unvaccinated" The French President recently said that he want to "p**s off" the unvaxxed in his country, believing that threatening people with more restrictions would incentive them to get vaccinated.

"There can be no such thing as a leisurely form of communism."

Will Artificial Intelligence Create a Socialist Paradise? Relating a quip by Soviet economist Nikolai Fedorenko, Yuri Maltsev illustrated the problem with socialism in his foreword to Ludwig von Mises’s Economic Calculation in the Socialist Commonwealth.

"The Energy Market Regulatory Authority, citing high global energy inflation, said electricity prices were raised by as much as 125% for high-demand commercial users and by around 50% for lower-demand households for 2022."

Turkey's State Energy Authorities Raise Electricity Prices By 125% As inflation continues to rise in Turkey, the state energy agency drastically raised energy prices.

"Underpopulation is a threat, not the opposite."

American Population Grew At Slowest Rate Ever Last Year, Here's Why This Is Bad News In 2021, the population of the U.S. grew at the slowest rate since the country's founding, according, according to data by The Census Bureau.

Price Controls Always Fail

BAD IDEA: The Guardian Suggests Using Price Controls To Fight Inflation Economist Isabella Weber wrote an opinion article for The Guardian where she suggested that policymakers should consider implementing price controls to fight inflation.

Do Not Comply, Especially When It Comes To Self-Defense

Canadian Gun-Owners Resist Tyranny From Their Government The Liberal government of Canada effectively banned a variety of fi****ms in May 2020, even though the estimation of these outlawed guns is between 90,000 to 105,000. Canadian gun-owners have only turned in 160 of these guns to their government.

"What they fail to comprehend is that demanding that government hold back changes in capitalization along and in the methods by which firms make things, they also are demanding that government restrict changes in everything else."

Conservatives Are Increasingly Wrong about Market Freedom In a word, change. Capitalism brings change, and bedrock conservatism is anti-change at its core. To better understand that point, we need to go back nearly seventy years to the 1950s, a time that apparently both conservatives and progressives wish to freeze in time.

You Think The Government Is Spending Your Money Wisely? Think Again.

Fauci Will Get The Largest Retirement Package In The Federal Government's History If Antony Fauci ever retires, he will collect the largest retirement package in the federal government's history, with a golden parachute that would be more than $350,000 per year, according to an analysis by Forbes.

Socialism Is Technically Impossible

Hayek On The Impossibility Of Successful Socialist Calculation The legendary Nobel Laureate economist F.A. Hayek talks about why it is impossible to successfully allocate resources in a Socialist economy.

"The p***o seems to forget that executive action cannot be used to spend money which is not already allocated by Congress."

BAD IDEA: Rep. Jayapal Suggests Biden Should Use Executive Authority To Legislate 'Build Back Better Leftist Congresswoman Pramila Jayapal recommended President Biden to use executive action to get around Congress and pass the so-called "Build Back Better" agenda, as the spending plan is expected to fail in the Senate.

"What statists miss when looking at the issue of job replacement in newly-automated industries is the big picture: How many people lost and got new jobs in the process. The statists only take a look at the first half of the issue, but not the second.."

Automation Is A Blessing, Not A Curse Another shared opinion that right-wing economic nationalists and socialists hold is the false notion that technological development leads to mass unemployment and thus destabilizes the economy, nonetheless, reality points out that automation creates more jobs than it eliminates and also increases th...

"Did you know Mao’s favorite form of torture was The Tiger Seat?"

CCP Media Outlet Celebrates The Birthday Of Mao, Aka, "History's Biggest Mass Murderer" On December 26, the CCP-backed media outlet Global Times celebrated the birth of the communist dictator who killed tens of millions, Mao Zedong.

"Multiple countries recently warned that Russia might be in the middle of preparing to invade Ukraine similarly to its occupation of Crimea in 2014"

Russia Withdraws Ten Thousand Troops From Ukrainian Border As Russia gathered 100,000 troops near the Ukrainian border since last month, Russia just withdrew over 10,000 troops from the Ukrainian border as Putin is about to enter negotiations with the Biden administration next month.

"There are no examples of successful inflationary policy that has worked out to the benefit of workers"

Top Keynesian Economist: Fed Was Too Late On Addressing Inflation Larry Summers, a top Keynesian economist who was the Treasury Secretary under the Clinton administration and the National Economic Council director under the Obama administration said during a Bloomberg interview that Fed's latest taper came too late.

Nothing More Cringe Than Leftist Attacks On So-Called "Big Business"

Tom Woods On The Fallacies Surrounding Big Business Tom Woods crushes common leftist myths about big business.----------------Subscribe to our Youtube channel: https://www.youtube.com/channel/UCU0Y...Like us o...

"..one can infer that a major driving factor in exchange rate determination is the relative change in currencies' respective money supplies."

Who Will Inflate Faster? Europe or the Fed? Some commentators are of the view that the US dollar is likely to weaken against the euro (i.e., the price of the euro in US dollar terms is likely to increase). The reason for this is the massive US trade balance deficit.

"Don't listen to the fear posed by the state mobsters."

Multiple Studies Say Omicron Has Lower Hospitalization Risk Than Other Variants Catching the Omicron variant of SARS-CoV-2 is less likely to result in hospitalization and appears to be milder in comparison to earlier variants of the virus, three studies confirm. The studies come from South Africa, England, and Scotland, and all studies suggest that people infected with Omicron....

"..socialist lies about free-markets have won the minds of the majority of Chileans, it will be very sad to see the economic progress Chile has made over the years completely reversed."

Chile’s New Leftist President Could Demolish All The Economic Progress His Country Has Made Leftist activist Gabriel Boric won Chile's presidential runoff on Sunday and will become the country's youngest president ever. "Chile will be the tomb of neoliberalism," Boric stated, if he actually keeps that promise and every other promise he made during his campaign, all of the economic growth h...

The World Bank Is Right In Forecasting Lower Growth For China, But Wrong For Its Recommendations

World Bank Suggests China To Introduce Economic Reforms As Next Year's Forecasts Drop As the World Bank decreased its economic growth forecasts for China, the financial institution recommends the country to introduce new economic reforms, some of which are good, and some of which are horrible ideas.

"$40,316,270,000 was wasted on COVID-19 expenditures, which includes $4.29 billion in "bad loans out of the Paycheck Protection Program," and as much as $36 billion in "wasted unemployment insurance payments."

Rand Paul's Festivus Report 2021 Detects $52 Billion Of Spending Waste Senator Rand Paul (R-KY) released his 2021 Festivus Report on Wednesday, which detailed a total of $52,598,515,585 in government spending waste.

Glenn Greenwald On Why Julian Assange Needs To Be Pardoned Glenn Gleenwald explains to Tucker Carlson and his audience why Assange did the right thing when exposing U.S. war crimes.----------------Subscribe to our Yo...

"When libertarians approach political and societal questions—and when they define the scope of their own libertarianism—they clearly do so from the left or from the right."

Why There's a Left-Right Divide among Libertarians Amid the sociocultural convulsions and boutique displays of urban anarcho-tyranny that have taken place in America in recent months, there has been renewed discussion within certain circles of the liberty movement about how appropriate it is for libertarians and their intellectual brethren to self-i...

"..why couldn’t people supply public goods through contracts in which they agreed to pay for these goods only if the contract secured a sufficient number of such conditional offers of payment to supply the good?"

Why "Public Goods" Don't Justify Taxation Eric Mack is one of the foremost contemporary philosophers who support the free market. He has for many years been concerned with the “anarchist-minarchist” dispute. In a “state of nature” in which people’s rights to self-ownership and private property are generally recognized, most indivi...

"Erdogan's obsession with low interest rates are a great danger to Turkish's economy, and if rates are not raised any time soon, the economic outcomes of such incompetence will be horrific."

Turkish Lira Has Lost Half Of Its Value As the Turkish currency has lost 50% of its value against the dollar year to date, Turkey's central bank is still refusing to raise rates and went even further to cut rates to 14% from 15%.

"Inflation is the tax of the poor" | Daniel Lacalle

No, Sen. Warren, Greed Is Not Causing Inflation Senator Elizabeth Warren recently stated that rising prices were due to corporations increasing their profits. “This isn’t about inflation, this is about price gouging for these guys.” It is simply incorrect.

"antibodies measured in blood samples of breakthrough cases were both more abundant and much more effective – as much as 1,000% more effective – than antibodies generated two weeks following the second dose of the Pfizer vaccine."

STUDY: Full Vacination Against COVID-19 And Infection Builds 'Super Immunity' A recent study by researchers at the Oregon Health & Science School of Medicine found that people fully vaccinated against COVID-19 who have also gotten infected with the disease end up with "super immunity." The researchers warn the vaccinated that they should not seek to get COVID-19, but this typ...

"This is a no.."

Joe Manchin Isn't Voting For Build Back Better Joe Manchin (D-WV) said he is not voting for President Joe Biden’s Build Back Better bill on Sunday, a roughly $2 trillion spending spree that his colleagues had hoped to shove through the Senate using the reconciliation process.

Slavery Has Little Impact On Today's Blacks

Walter Williams On The Legacy Of Slavery Economist Walter Williams in an old C-SPAN interview discussing the legacy of slavery on today's blacks.----------------Subscribe to our Youtube channel: htt...

Rent Controls Have Failed Every Time Being Tried

How To Solve California's Rent Crisis: Abolish Rent Control Rules California's rent controls present by themselves the leading case against rent controls. Rent ceilings are widely pushed by politicians, one of the obvious reasons for the push of the policy is that it appeals to the average voter who hasn't even heard of the Econ 101 theory of price ceilings.

"Didn’t AOC get a degree in economics?"

Fox's Gutfeld Blasts "The Squad" For Wanting To Cancel Student Loan Debt Fox News late-night host Greg Gutfeld mocked the hard-left "Squad" fraction of the Democratic Party on his latest episode for wanting to cancel student loan debt using taxpayer money, saying, "If I pay your debt, then you gotta pay my mortgage."

"The report further stated that "the families of those being executed were often forced to watch the ex*****on.""

North Korea Executed 7 People For Watching K-Pop Videos North Korea has executed at least seven people over the past decade for watching or distributing K-pop videos.

"Crowder and his team criticized YouTube for not informing them of when their "hate speech" policy was presumably violated."

Youtube Bans Crowder For The Rest Of The Year Comedian and commentator Steven Crowder was recently warned by Youtube that his channel on the platform will be banned for the rest of the year because he supposedly violated "hate speech" policy.

Don't Confuse American Patriotism With Collectivism

Biden Downplays Americans Concerned About Vaccine Mandates Violating Individual Liberty President Joe Biden on Tuesday mocked concerns that a large part of Americans have about vaccine mandates going too far and intruding on their individual rights and liberties.

$29 Trillion And Countin'💳

Congress Approves $2.5 Trillion Debt Ceiling Increase Congress approved legislation on Wednesday that would raise the debt ceiling by $2.5 trillion, boosting the total debt limit to $31.4 trillion.

One of the greatest interviews Hayek ever gave! https://youtu.be/87uTwVpFHr4

Friedrich Hayek On Intellectuals And Socialism Hayek explains why the intellectual class depreciates Capitalism and rants for Socialism.----------------Subscribe to our Youtube channel: https://www.youtub...

"..43 cases caused by Omicron, and 34 of them were among people who had been "fully vaccinated.""

CDC Reported That 79% Of Omicron Cases Occured In Vaccinatinated People Nearly eighty percent who have had the Omicron variant of COVID-19 were fully vaccinated, according to data from the Centers for Disease Control and Prevention (CDC).

...

Chris Wallace Leaves Fox, Joins CNN+ As Chris Wallace just announced that he is leaving Fox News, he also announced after that he is joining CNN where he will be a key figure in a new streaming service that the network is about to launch next year.

"So, after adjusting for inflation, average annual costs for four-year higher education institutions are more than two-and-a-half times what they were when the oldest baby boomers entered college in 1964."

Nearly Half Of Latest College Graduates Haven't Found A Job Within Six Months Half of college students who earned their degrees in 2020 have failed to find a job within six months of graduation, according to a recent analysis from the National Association of Colleges and Employers.