capitalism - Page 4

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.

Speaking to workers and business people in Italy’s port city of Genoa Saturday, Pope Francis surprised his hearers by praising entrepreneurship and touting the importance of healthy businesses for the economy.

“A toxic cocktail of capitalism and corporate culture led to a man being dragged along the floor,” Father James Martin argues.

Breast cancer patients in socialism-ravaged Venezuela are demanding that the Venezuelan Institution for Social Security, which provides health care, provide them access to better quality medication. They claim the Cuban-made drugs they have been taking come with a host of side effects, including intense pain.

Pope Francis waded into recent Italian labor disputes Wednesday, declaring that it is a “very grave sin” to eliminate jobs by shutting down factories or closing companies for purely economic reasons.

After battling with cancer, Michael Novak, renowned American scholar and defender of the free-market economy and religious liberty, died on Friday at the age of 83.

A new report from the National Asian American Survey reveals that Asian-Americans are continuing to drift away from the Republican Party after decades of staunch support as the party’s most reliable ethnic minority group.

Larry Kudlow says he “vehemently supports” Trump’s proposal to lower U.S. corporate tax rates to 15 percent from the current 35 percent, taking them from one of the highest business-choking rates in the world to among the lowest – even better than Britain’s incoming rate of 17 percent.

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.

Thursday on Fox News Channel’s “Your World,” Darletta Scruggs, an organizer for the so-called “Million Student March” movement, battled host Neil Cavuto about the merits free public college and the cancellation of all student debt. Scruggs argued money for war and

Climate change is the biggest scam in the history of the world – a $1.5 trillion-a-year conspiracy against the taxpayer, every cent, penny and centime of which ends in the pockets of the wrong kind of people, none of which

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.

National retailer Sports Authority, once touted as one of Mitt Romney’s Bain Capital “successes,” is announcing the closure of 140 stores, about a third of its outlets.

In an exclusive interview with Breitbart News, the renowned Peruvian economist Hernando de Soto said that both Pope Francis and Donald Trump suffer from an excessively Eurocentric worldview, leading them to see solutions to social ills in terms of walls

Pope Francis praised the free market and the role of businesses in the creation of wealth and in the promotion of the common good in an address before 7,000 businesspeople Saturday.

The eminent Peruvian economist Hernando de Soto has written an “open letter” to Pope Francis, suggesting that the pontiff tell Donald Trump that the world needs more walls, not fewer walls, if we are truly going to help the world’s poor.

In an interview that aired Tuesday on Canadian Catholic television, Democratic presidential hopeful Bernie Sanders tried to steal a little luster from Pope Francis, saying he thinks the Pope is a socialist who believes, like him, that wealth is not

A new survey from YouGov finds that millennials have more favorable views of socialism than of capitalism.

My cousin, Kyriakos, was just elected leader of the conservative New Democracy party.

Although he stands among an elite few  who have so prospered thanks to American capitalism and artistic freedom, George Lucas is still The Greediest Crybaby In The History of the World. Walt Disney paid Lucas an incredible $4 billion for

(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.)”

What made America great?

MSNBC’s Melissa Harris-Perry noted on her show Saturday that the organization Girls Who Code, an organization that assists young females in the computing fields, will help end the preferences against women in that field of capitalism. “I do want to give you some

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

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.

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.”

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 took advantage of his historic address to the U.S. Congress to lecture politicians on the importance of wealth creation for lifting the poor out of poverty.

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.”

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.”

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.

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.”

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.

Democratic presidential candidate Sen. Bernie Sanders took a swipe at capitalism and discounted GOP frontrunner Donald Trump and his supporters Friday, telling Late Show host Stephen Colbert Trump’s message appeals to the instincts of racism and xenophobia.

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.

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.