Tag: capitalism

Trump’s National Security Strategy: Economic Strength, Border Security, Ideological Warfare

Senior administration officials describe President Trump’s National Security Strategy, which will be formally unveiled by the president in a speech Monday afternoon, as a statement of “principled realism” that takes “a clear-eyed view of the threats that we face and the fact that we live in an ever-competitive world” in which “the global balance of power has shifted in unfavorable manners to American interests.”

Hayward: How China’s Viral Authoritarianism Infects the West and Threatens the Enlightenment

China’s challenge to the United States over the coming decades will not only be a contest of economic and military might. It will be a clash of ideologies, as President Xi Jinping made quite clear in his marathon address to the 19th Communist Party Congress. China is betting that its brand of authoritarianism will go viral and infect not only Eastern nations it hopes to bring under its hegemonic sway, but the Western world as well.

EXCLUSIVE — Slovenia’s Side of Melania’s Story: How the First Lady’s Upbringing in Communist Eastern Europe Shaped Her Fight for Freedom in America

SEVNICA, Slovenia — It’s a short book, just 42 pages and some filled with photographs. But it goes a long way in explaining the facts about the strong, proud people who carved a small but free nation out of the former Communist Yugoslavia and produced one of the most famous women in the world: Melania Trump.

365 by Whole Foods (Facebook)

Whole Foods’ 365: Where Kiosks Replace Workers

Whole Foods may still be seen by shoppers as an alternative to corporate grocery chains, but the highly-profitable corporation just opened its first “365 by Whole Foods” in Los Angeles in an effort to use kiosks and robots to cut 60 percent of staffing costs and maximize profitability.

Larry Kudlow: Trump Tax Plan Will Bring ‘Tremendous Movement of Capital and Labor Back to the United States’

You’d see a movement, a tremendous movement, of capital and labor back to the United States, that’s in China and overseas, because we’d have a more hospitable business tax environment. You include immediate deductions for new business investment, and you include repatriation, which is all in Trump’s plan, and you’ve got yourself a powerful incentive to move back to the USA,” said Kudlow.

REUTERS/Lucy Nicholson

Top Silicon Valley Investor: Industries with Unions Are Ripe for Disruption

(Ferenstein Wire)—Silicon Valley is coming after unionized industries. A top investor in the Valley, Paul Graham, lit up Twitter, tweeting, “Any industry that still has unions has potential energy that could be released by startups. (I don’t mean in simply paying people less, but rather that industries afflicted by unions are sclerotic so have left lots undone.)”

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Re-Defining Left and Right in the 2016 Election

The dominant media culture loves to define everything it doesn’t like as “right-wing,” from milquetoast center-right U.S. politicians to North Korea. Somehow people who aggressively make the case that American government is too large get sorted into the same end of the political spectrum as the biggest and most oppressive governments of all. Certain out-and-proud socialists of the past century are caricatured as “right-wing,” even though they put “socialist” right in their Party name.

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Watch: Sanders, Hillary Spar Over Capitalism

Democratic presidential candidates Senator Bernie Sanders (I-VT) and former Secretary of State Hillary Clinton debated the merits of capitalism at Tuesday’s Democratic debate. Sanders stated, “Do I consider myself part of the casino capitalist process, by which so few have

Jesuit ‘America’ Stresses: Pope Francis Acknowledges Church Teaching Authorizes Criticism of Capitalism

The Jesuit publication America adds that Pope Francis, who is also a Jesuit, “went on to state firmly” that: “My doctrine on all this, on the ‘Laudato Si’ (the encyclical on ‘the common home’), on the economic imperialism, and all that, is the Church’s social doctrine.” When an American journalist reported to the Pope that more than 50 dissidents had been arrested outside the nunciature in Cuba while attempting to meet with the Pope, Francis reportedly responded, “I don’t have any news that that has happened. I don’t have any news…I don’t know directly.”

Tony Gentile/Pool via AP

Don’t Expect Pope Francis to Condemn U.S. Capitalism

Everyone knows that Pope Francis is capitalism’s number one critic, and he has been waiting for his U.S. visit to scold Americans on the economy, right? Not so fast. The fact is, that Francis has never been an enemy of capitalism and actually believes the free market is a good thing, as long as it has “limits.”

Pope Francis Makes Himself Useful to the Left, But It Wants Total Submission

Whatever his core political beliefs might be, and how they were shaped by his upbringing, Pope Francis has clearly been intent on making the Catholic Church more acceptable to the Left. He has a knack for making statements that set left-wing hearts aflutter, even though what he really said often turns out to be considerably less liberal than breathless news reports led readers to believe, particularly when his original statement was not made in English.

Walmart

Could the Real OUR Walmart Please Stand Up?

Politico said it best, “Who is the ‘our’ in OUR Walmart?” Apparently, the leadership of the new AFL-CIO-backed OUR Walmart was fired from the old UFCW-backed OUR Walmart because they “hijacked the board and refused democratic elections.”

Selfish Genes, Altruistic Politics, and the European Migration Crisis

Immigration debates are heavily infused with this politicized notion of selfishness. It’s built into the common smear of “nativist” directed at anyone who wants border security and citizenship laws taken seriously. A “nativist” is a selfish person who wants to lock the deserving poor of other nations on the other side of a border fence, instead of “sharing the wealth” of his own prosperous society. “Compassion” demands open borders and mass migration from impoverished countries into rich ones.

Age of Obama: Low-Income Workers See Greatest Decline in Wages

We all know what the standard liberal snake-oil response to stagnant wages is: job-killing minimum wage hikes, which also tend to be a big part of the reason income increases grow scarce in the workplace, producing the understandably frustrating wage stagnation people complained about to the NELP researchers and the New York Times. Nothing kills upward mobility for lower-income workers deader than high minimum wages and mandated labor costs like ObamaCare.

Fear the Low-Productivity Economy of the Future

In fact, one of the worst things about politicized economics is the false promise that politicians know what the ideal economy looks like, never mind having solid plans for getting there. Is the ideal economy one in which everyone’s basic needs are covered? Welcome to the endless grey fog of the collectivist welfare or communist state, which always proves unsustainable and fails to deliver on those promises anyway.