By Allen Gindler, courtesy of FEE, via Fundacion BASES If we consider economics to be an objective science, its rules should also have universal meaning and use, despite differences in social order. However, socialists in the materialist camp are committed to the idea that common ownership of the means of production would change the […]
Tag: socialism
Ché Guevara’s house is for sale, and we want to buy it
By Federico N. Fernández, courtesy of Fundación Internacional Bases Fundación Internacional Bases, a think tank headquartered in Rosario (Argentina), wants to purchase the house in which Ché Guevara was born. Located in the center of Rosario, the apartment is on the second floor of a lovely French neoclassicist building. The purchase of the […]
Zitelmann: Socialism always fails, yet somehow never loses its appeal
By Dr. Rainer Zitelmann In his Lectures on the Philosophy of History, the German philosopher Hegel observed: “But what experience and history teach is this – that peoples and governments never have learned anything from history, or acted on principles deduced from it.” It could well be that Hegel’s verdict is too harsh. Nevertheless, […]
What Life Would Be Like on Planet Bernie
Tom Schatz, President, Citizens Against Government Waste In a galaxy not too far away and a little too close to Earth lies Planet Bernie. Everything is free from birth to death. There is a government program for education, medical care, housing, and retirement, all 100 percent guaranteed and paid for. No one […]
Will Paraguay Follow Argentina’s Economic Decline?
By Marcelo Duclos, courtesy of Panampost Although there was a moment in history when there was talk of the “Argentine miracle” (after the Constitution of Juan Bautista Alberdi) or the “German miracle,” after World War II (in one part, of course), I think we should mention another contemporary miracle: the Paraguayan one. It […]
Argentina, from rich country to poor country
By Manuel Llamas, courtesy of Libertad y Progreso In the first third of the 20th century, it was one of the ten wealthiest countries in the world, today it is 63 (IMF, 2017). Why? The answer is socialism. Argentina is one of the countries that has registered a greater economic deterioration during the last century. its transit […]
Capitalism, the Most Effective Remedy for Poverty In History, Is Under Attack
By Dr. Barbara Kolm, Director, Austrian Economics Center During the annual World Economic Forum in Davos, Switzerland, which took place in January, the newest edition of the Edelman Trust Barometer was released. The results were shocking to say the least: 56 percent of respondents agreed that “capitalism as it exists today does […]
The deep roots of Argentina’s bad ideas
“Argentine legislation plagued by false economic theories” By Antonio I. Margariti, courtesy of Fundacion Libertad Tolerance and action Today, the philosophical concepts that govern the development of Law are almost exclusively the work of experts who are inclined to give preponderance to Public Law over Private Law. However, it would be unfair […]
Socialism remains powerful force in UK
“SAS: End of retro-socialism?” Courtesy of the Taxpayers’ Alliance Jeremy Corbyn’s retro-socialist Labour party have been defeated in a general election. Not merely bested, but genuinely beaten. Their hare-brained prospectus for government was unpopular enough that the party is the first opposition in British history to have substantially fewer seats after nine straight […]
The debate over industrial policy ended… 35 years ago
By Erik Sass, TES Editor-in-Chief The rise of populism has brought with it the return of statism in the economic sphere, especially regarding international trade, where previous moves towards freer trade have been roundly rejected in favor of old-fashioned mercantilism and bilateral brinksmanship. Another aspect of the economic déjà vu is […]