Category Archives: Capitalism vs. Communism

Inequality Doesn’t Create Poverty

These taxes, we are told, will put an end to the poverty-causing inequality that now is a global crisis. But there’s a problem for Oxfam in this data. The report never actually demonstrates that inequality causes poverty, or how it … Continue reading

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Socialism vs. Capitalism

Under democratic capitalism, all private property remained nominally untouched and intact. However, a democratically elected state government could interfere with private property rights if this was deemed in the democratically determined “public interest” and for the “common good.” For this … Continue reading

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Pope Francis Contradicts Himself on Religious Liberty and Capitalism

The clergy betrayed us a long, long time ago. — jtl, 419 by Roy Cordato via Mises Daily While visiting the White House on his first day in the United States this year, Pope Francis made a strong plea on … Continue reading

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F.A. Hayek and Why Government Can’t Manage Society, Part I

By Richard Ebeling via The Daily Bell    This year marks the seventieth anniversary of the end of the Second World War. On May 8th, Nazi Germany surrendered to the Allied Powers in Europe. On September 2nd, Imperial Japan surrendered … Continue reading

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