Tag: capitalism

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Kai Wright: We’ve Been Profiting Off of Inequity for a Long Time

On Saturday’s “Melissa Harris-Perry” on MSNBC, The Nation’s Kai Wright said that the United States has long been profiting off of inequity, saying that all of the investments in the 20th century were “discriminatory” because they left out black people

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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.

open to change

Pope Francis: Universe ‘Not the Result of Chance’

Pope Francis is expressing his esteem for science, but also coming down hard against the “new atheists” such as Richard Dawkins who deny the existence of anything beyond the material world. Francis adds that “the Creator is infinitely greater than our knowledge.”

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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

Pope Francis waves at the crowd as he arrives to give a morning mass at the Calixto Garcia square in Holguin, in eastern Cuba, on September 21, 2015. Holguin, a cradle of Catholic faith on the island and also the home region of communist leaders Fidel and Raul Castro, is …

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 walks with Cuba's President Raul Castro (R) as he arrives at Jose Marti International Airport on September 19, 2015 in Havana, Cuba. Pope Francis is at the beginning of a three day visit to Cuba where he will meet President Raul Castro and hold Mass in Revolution Square …

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.”

A Syrian family disembarks from the Greek government chartered Eleftherios Venizelos ferry at the port of Piraeus on September 9, 2015. Thousands of refugees arrived in Piraeus by goverment chartered ferry from the overcrowded Greek islands, especially the island of Lesbos. EU Commission chief Jean-Claude Juncker unveiled major plans Wednesday …

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.

Years Of Economic Decline Leave One Third Of Atlantic City's Resident In Poverty

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.

AP Photo/Paul Sakuma

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.

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Trump: ‘I Don’t Think the Pope Is Opposed to Capitalism’

When CNN reporter Chris Cuomo asked presidential candidate Donald Trump for his thoughts on Pope Francis Wednesday, Trump responded that he thought “he seems like a pretty good guy,” along with questioning whether the Pope was as anti-capitalist as some

Uber

Hong Kong Police Declare Uber Illegal, Raid Offices

HONG KONG (Reuters) – Police raided the Hong Kong offices of taxi-hailing service Uber Inc on Tuesday and arrested five drivers for the “illegal use of vehicles for hire”, police said.

Workers at a Planned Parenthood clinic hang a banner to announce the opening of the facility October 2, 2007 in Aurora, Illinois. The clinic, reported to be the largest Planned Parenthood clinic in the country, was scheduled to open last month but the opening was held up by last minute …

Planned Parenthood: How Liberals Stopped Worrying and Learned to Love the Unfettered Pursuit of Profit

These videos are exactly what liberal agenda journalists love doing to nearly every other mega-corporation in the land. When the Planned Parenthood executive muses on maximizing the profits of her baby-organ harvesting operation and says, “I think a per-item thing works a little better, just because we can see how much we can get out of it,” that’s the sort of line MSM journalists would underscore with ominous music, and maybe a slow zoom into her greedy capitalist-pig eyes, if this were an expose about any other Big Business.

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Pope Francis Confesses He Knows Little about the Economy

In a striking series of admissions, Pope Francis told journalists on the flight back to Rome from Paraguay that he has an aversion to the economy, which he does not understand very well, and that he has neglected the middle class.

Pope Francis (L) waves as he arrives for a private prayer at St. Mary Major Basilica in Rome on July 13, 2015. Pope Francis returned to Rome after a pastoral journey to Ecuador, Bolivia and Paraguay. AFP PHOTO / ALBERTO PIZZOLI (Photo credit should read

Where Can We Get Some of This ‘Unfettered Capitalism’ Pope Francis Rails Against?

The Pope should also know better than to position socialism as the solution to greed. On the contrary, socialists are incredibly greedy, as the lavish lifestyles of left-wing Men and Women of the People attest. Even in nations that haven’t been completely flushed down the socialist toilet yet, the people who rail against the way other people “pursue money” tend to be filthy rich and accustomed to fabulous luxury themselves.

Franco Origlia/Getty Images

Not Satisfied with Pope’s Economic Critique, the Left Invents More

The Huffington Post breathily exclaimed Sunday that Pope Francis had condemned “unbridled capitalism” while the New York Times similarly announced that the Pope had excoriated “global capitalism” in recent speeches in Latin America. None of this would be particularly remarkable,

Barack Obama speaks about the economy at the University of Wisconsin at La Crosse in La Crosse, Wisconsin, July 2, 2015. AFP PHOTO / SAUL LOEB

Exclusive — Moore: Krugman Will Defend Obamanomics Which Is Based on Socialism

LAS VEGAS, Nevada — In two separate exclusive interviews ahead of his debate with liberal New York Times economist Paul Krugman on Friday, conservative economist Stephen Moore—now with the Heritage Foundation but previously of the Wall Street Journal—told Breitbart News he expects Krugman to defend “Obamanomics,” or a socialist kind of economic policy.

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The Dominance of the Neo-Liberalism Myth

Owen Jones and Russell Brand often rail against ‘neo-liberalism’. According to them, the last three decades have seen an unprecedented experiment in ‘free market economics’ – characterised by a radical slashing of state spending, an erosion of the welfare state,

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Gov’t Run Wild: Overton Girls Busted for Selling Unregulated Lemonade

Two little girls in Overton, Texas named Zoey and Andria Green, aged 7 and 8 respectively, made the mistake of thinking they could sell lemonade to raise money for a Father’s Day gift without obtaining the appropriate clearances from our hyper-regulatory super-government.

Venezuela President Maduro

Venezuela Rations Electricity, Blames Climate Change

The Venezuelan government will begin rationing electrical supplies this week in response to high demand triggered by heat. Public employees will only have to work six hours a day until further notice, and police units will be sent to inspect private businesses to ensure they only use their allotted amounts. Venezuelan Vice President Jorge Arreaza blamed the measures on climate change.

U.S. at odds with U.K. decision to join China-funded bank

China Planning Giant Mergers to Reduce Number of Big State Firms to 40

BEIJING (Reuters) – China will likely cut the number of its central government-owned conglomerates to 40 through massive mergers, as Beijing pushes forward a sweeping plan to overhaul the country’s underperforming state sector, state media reported on Monday.

President Barack Obama walks the Anhinga Trail at Everglades National Park, Fla,, Wednesday, April 22, 2015. Obama visited the Everglades on Earth Day to talk about how global warming threatens the U.S. economy. He says rising sea levels are putting the "economic engine for the South Florida tourism industry" at …

Earth Day and the Sustainable Resource Of Guilt

On Earth Day, it’s remarkable how much Green energy (of the political variety) has been pumped into the climate change movement. It gives people an easy way to assume intellectual superiority with virtually zero effort. It’s the eternal crusade, the insoluble problem, the hypothesis that can never be falsified, so it provides sustainable fuel for countless rallies and political power grabs.

devils dung reuters

Pope Francis: ‘Money Is the Devil’s Dung!’

In his address to the Italian Confederation of Cooperatives Saturday, Pope Francis employed muscular language in speaking about money — while acknowledging its importance to business.