capitalism

With iron regularity, texts appear in the public sphere about powerful lobby groups influencing politics, or even dictating to governments what legislation to adopt and what policies to pursue domestically and internationally. First, we need to analyze the idea of a wealthy entrepreneur who, instead of developing their business in a \'market-oriented\' way, spends their time trying to convince politicians to secure advantages for their business from the state.

Advocates of state intervention and regulation believe that these mechanisms can improve the environment by suppressing the free market. Over time, they have become an increasing challenge for defenders of capitalism and the free market economy. The solution to global warming, air pollution, and so on is therefore said to be less market and more state planning.

Price inflation is not inevitable. One of the most common explanations for price growth is identifying it with capitalism. The argument is that inflation is unavoidable as the economy grows. It is thought that for businesses to have an incentive to invest and wages to grow, the prices of goods and services should rise in the first place.

The Economic Freedom Foundation has supported the Freedom Games for several years. At this year\'s edition, at the EFF stand, participants were able to share their reflections on capitalism. We contrasted them with the content of Capitalist Manifesto by Johan Norberg. Among those who took part in our survey, positive associations predominated: capitalism means poverty reduction, efficient accumulation of resources, and freedom.

In this episode, we talk about how to reinvent broken cities and restore citizens\' agency, and why community matters.

There are two camps of the former Soviets: one of the happy people because they are now free, and the second one of the unhappy, who still think everything back then was basically okay. I belong to the former and I am proud that I also took part in all possible types of anti-Soviet/communist activities.

Until the 19th century, the birth of Jesus was nothing more than a strictly religious holiday. Two centuries ago, the industrial revolution brought mass production, the still lasting exponential growth of wealth, health, population, and standards.

Many of the projects and ideas presented by the Georgian government are good examples of wishful thinking. However, when the ruling party is called Georgian Dream, a pursuit of wishes and dreams should not surprise anyone.

Reflecting and reporting on the impact of the new coronavirus on the ages-old obsessive (in)equality academia, media and others are swinging between claims that SARS-CoV-2 / COVID-19 (the pathogen / the disease) is either a blindfolded leveler or, on the contrary, a balance destroyer.

Mark Zuckeberg appeared before U.S. representatives, again. He sat alone at an austere table, being looked down on by the mighty politicians from their raised podium. Yet, the founder of Facebook yields more power than all those politicians combined.