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Evening The Playing Field

I was raised in a conservative family and honestly I agree with a lot of the capitalist, free market, pull-yourself-up-by-your-bootstraps principles. But as I learned in econ class, these ideas are based on imaginary models. 691 more words

C-SPAN: Stephen Colbert Opening Statement - YouTube

via C-SPAN: Stephen Colbert Opening Statement – YouTube.

Basically, Stephen Colbert is arguing that the free market is exploiting jobs in other countries for harvesting crops.   10 more words

Free Market

Economics Is Super Hard, Y'all (Part III)

“Asking a liberal where prices and wages come from is like asking a six-year old where babies come from.” -Thomas Sowell

It’s all come to this, the final showdown.

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The Soapbox

Market Cynicism

There once seemingly existed a time whereby capitalism, at least marginally, served the interests of the majority: a strong social safety net existed; inequality — though arguably far from ideal — was not an endemic problem, and working people via union representation were able to fight for better wages and conditions. 296 more words

Politics

"Designing a dream"

This morning I watched on BBC a documentary with this title. A young Cambodian gets a helping hand from a Bangladeshi textile entrepreneur on her road to becoming a fashion designer. 950 more words

Psychology

Who Decided That Health Care Is A Right?

In my opinion, in no way, shape, or form, does anyone have health care as a right.

Let us first examine what a right is. A right is a sanction for an individual to perform, or not perform, an action such that everyone enjoys that action, no one is denied that action, and no one is coerced to perform the action. 352 more words

Ethics