Lots of leftists these days are down on capitalism, but how many of these pampered protesters have really thought through their positions? Step into an alternate reality where capitalism doesn’t exist, and everyone’s free to scrounge for government handouts of coffee and gruel, and to dodge the riot police. This mix of It’s A Wonderful Life and Groundhog Day was created by the Fund for American Studies. H/T IMAO
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SALUTE TO AYN RAND
Did Ayn Rand provide a path to economic prosperity? Yaron Brook, author of Free Market Revolution: How Ayn Rand’s Ideas Can End Big Government and executive director of the Ayn Rand Institute, believes so, and tells Bill Whittle why in a special PJTV interview. Among the many topics Brook covers: the housing crisis, government spending and the roots of the current economic stagnation.
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Dick Morris travels back in time to World War II and traces how the United States built the world’s most formidable military-industrial machine within a span of a few years. With the encouragement of President Franklin Delano Roosevelt, the miraculous feat was accomplished by a capitalist czar handpicked from the automotive industry, William Signius Knudsen, who applied free market principles to spur increased production.
Morris cites a book called Freedom’s Forge by Arthur Herman that analyzes how the Danish-born Knudsen could so quickly achieve such a dramatic turnaround. Now, if only today’s Democrats could remember their own party’s past triumphs, instead of smearing those entrepreneurs trying to build businesses in the current, tough economic climate. H/T Capitalist Preservation
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“The government is the biggest violator of our rights today.” That’s the word from Yaron Brook, co-author of Free Market Revolution and president of the Ayn Rand Center for Individual Rights.
At FreedomFest 2012, Reason.TV’s Matt Welch sat down with Brook to discuss why big government hurts the poor and how Ayn Rand inspired the Tea Party. Rand is as popular today as ever, Brook says, noting that 1.5 million copies of her novel Atlas Shrugged have sold since President Barack Obama’s election in 2008.
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“If you’ve got a business, you didn’t build that. Somebody else made that happen.” So said President Obama July 13 in a speech at Roanoke, Virginia. And with those words, he cast aspersions on all of America’s business owners, denigrating their hard work, intelligence, leadership and vision, implying whatever they accomplished, got served to them on a silver spoon. Obama’s administration has been openly hostile to businesses from the get-go, imposing vast reams of regulations that have contributed to the country’s economic malaise and abysmal job-creation record. But by so nakedly expressing the anti-capitalist ideology behind his policies, Obama has met his Waterloo.
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Why the free market is a bathroom scale. Thoughts of satirist P.J. O’Rourke from his book DON’T VOTE! IT JUST ENCOURAGES THE BASTARDS.
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