Showing posts with label Capitalism. Show all posts
Showing posts with label Capitalism. Show all posts

Monday, February 24, 2020

Private Enterprise

Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Not enough people see it as a healthy horse, pulling a sturdy wagon.

Winston Churchill, cited in The Smart Words and Wicked Wit of Winston Churchill, edited by Max Morris, pg.79

Sunday, April 15, 2018

Our Society Is Doomed

Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion--when you see that in order to produce you need to obtain permission from men who produce nothing--when you seen that money is flowing to those who deal, not in goods, but in favors--when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you--when you see corruption being rewarded and honesty becoming a self-sacrifice--you may know that your society is doomed.

Ayn Rand, Atlas Shrugged

Friday, January 27, 2017

How to Get a Job and Keep One

There are only three job skills necessary to find and keep an entry-level job; none of these skills can be taught by government programs. First, show up regularly and on time. Second, obey instructions. Third, keep quiet. These are character attributes and can only be acquired from parents and family who care. Anybody obeying these three rules in America can obtain an entry-level job and keep it. By keeping the position, one quickly becomes trained and worth more to an employer. At that point, the potential inconvenience and expense of finding and training a new employee is countered by the employer raising the wage of his worker. The investment of his time during the first six months at one employer has made him more valuable in this position than a newcomer could be. Thus our fortunate American newcomer to the job market finds himself on the economic escalator. 

Rabbi Daniel Lapin, "America's Real War," pg.250

Wednesday, January 25, 2017

Capitalism Can Seem Strange

Buying a pair of shoes, or a purse, or a fancy sports car, is much more fun than paying an electricity bill, or paying rent, although human nature being what it is—people who complain about electricity bills don't hesitate to go out and spend $300 on a pair of blue jeans that look like they came from the dumpster. And it's just very strange. But each gets something from the transaction.

Steve Forbes, Liberty University Convocation, 12/7/16

Tuesday, January 24, 2017

The Idea of Science Originated from the Judeo-Christian Tradition

The real history of the Western world, Judeo-Christian tradition, is that it was the rise of Judaism and then Christianity that enabled us to move forward, because these faiths emphasized curiosity, searching for how God's world worked instead of saying this is it; that's it. 

And that curiosity led to what we now call science, which flourished in the West as nowhere else in the world. You know, they all talk about Galileo's trial before the Vatican hundreds of years ago, but if you actually look at what was going on at that time, all of the great discoveries in astronomy and science in those early years came from priests. Came from priests! The man who invented modern physics, at least a precursor of modern physics, Isaac Newton, spent a lot of time studying religion and faith. They didn't see it as polar opposites. They saw it as one in the same-curiosity, finding how God's world worked, and that enabled us to make these great rises. And the truth about the power of knowledge can be seen today, as we know, as the 75th anniversary of the attack on us at Pearl Harbor-changed fundamentally world history and American history. World War II was devastating in Europe and Japan—massive physical destruction, tens of millions of lives lost, and experts thought that after that conflict it would take decades, generations for the world to recover. But the thing is, despite that loss of life, despite that physical destruction, the fact of the matter is knowledge was not destroyed, and within a handful of years after the end of that terrible conflict, thanks to the US Security military umbrella, which allowed security in people to really strive again. Within a few years, Japan and Western Europe exceeded their pre-war levels of production, because knowledge was not destroyed. 

Steve Forbes, Liberty University Convocation, 12/7/16