A Quote by Eric Johnston
And the word is capitalism. We are too mealy-mouthed. We fear the word capitalism is unpopular. So we talk about the free enterprise system and run to cover in the folds of the flag and talk about the American Way of Life.
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I talk about economic freedom. I talk about capitalism without fearing the word.
I think, at some level, we see young people all over the country mobilizing around different issues, in which they're doing something that I haven't seen for a long time. And that is, they're linking issues together. You can't talk about police violence without talking about the militarization of society in general. You can't talk about the assault on public education unless you talk about the way in which capitalism defunds all public goods. You can't talk about the prison system without talking about widespread racism. You can't do that. They're making those connections.
Capitalism is supposedly free enterprise. Supposedly about the free individual. But capitalism itself is so massive that the guy on the street gets caught in paying rent, taxes, and he doesn't own himself at all.
Capitalism is not about the profit motive. Capitalism is about free markets. What you do in the market, in your free will, is the essence of capitalism.
Every time I say the word capitalism, everyone just assumes I have plenty of Marxism in me, I do. But Russia and China had their bloody revolutions and even while they were Communist, they had the same idea about generating wealth - tear it out of the bowels of the earth. And now they have come out with the same idea in the end... you know, capitalism. But capitalism will fail, too.
It is time to stop the mealy-mouthed euphemisms: 'Nationalists', 'Loyalists', 'Communities', 'Ethnic Groups', 'Cultures', 'Civilizations'. Religions is the word you need. Religions is the word you are struggling hypocritially to avoid.
This is the free enterprise system. The only place in the world that I can recall where companies never failed was the old Soviet Union. This is what investors do in free enterprise and capitalism system. [...[ And, yes, free enterprise system can be cruel. But the problem with this administration is that small businesses are the one who had suffered the most, the kind that need investors, the kinds that don't need the hundreds of pages, thousands of pages of regulations that continue to plague them and have them hold back on the hiring investment.
The way to maximize production is to maximize the incentives to production. And the way to do that, as the modern world has discovered, is through the system known as capitalism - the system of private property, free markets, and free enterprise.
I think the way we talk about cancer has really evolved. I remember the way my grandmother used to talk about it, like a death sentence, no-one would even mention the word.
We do not have free market capitalism in America; we have crony capitalism. There is a huge difference between free market capitalism that democratizes a country and makes us more efficient and prosperous and corporate crony capitalism.
With Anglo-American capitalism increasingly under attack, those who believe in the power of free markets and enterprise to create wealth and social progress must stand up and be counted and champion our way of life.
Vulnerability is a loaded word, and it can off-putting and terrifying to people. The best moment of my life (and by the way, this actually wasn’t a single moment) was when I realized that I no longer give a damn about what anybody thinks. What you'd talk about as vulnerability, I'd talk about as simply being true to yourself.
Let’s talk, you and I. Let’s talk about fear. The house is empty as I write this; a cold February rain is falling outside. It’s night. Sometimes when the wind blows the way it’s blowing now, we lose the power. But for now it’s on, and so let’s talk very honestly about fear. Let’s talk very rationally about moving to the rim of madnessand... and perhaps over the edge.
People think what's in the US today is capitalism. It's not even close to capitalism. Capitalism doesn't have a central bank, capitalism doesn't have taxes, it doesn't have regulations; capitalism is just voluntary transactions. What they have in the US today I call crapitalism. But it's sad that so many people are confused and they think, 'Oh that's free markets in the US', when it's one of the least free market countries on earth.
It is not uncommon to suppose that the free exchange of property in markets and capitalism are one and the same. They are not. While capitalism operates through the free market, free markets don't require capitalism.
The free enterprise concept inherent in the economic model of capitalism should mean common people, or lower and middle class wage-earners, have greater potential to rise up and gain financial independence. In reality, however, free enterprise all too often leads to an almost total lack of government regulation that in turn allows the global elite to run amuck in Gordon Gecko-style financial coups.
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