capitalism

Self-esteem and taking responsibility are personal qualities of fundamental importance to a person. Let's start with this definition: Self-esteem is the ability to accept oneself as competent to cope with the major challenges of life and to be worthy of happiness. It is confidence in the efficacy of our mind, …

Today we mark 26 years since the fall of the communist regime and the start of the so-called transition. What is happening on this day – in short, due to the crumbling socio-economic system in the USSR and the Eastern Bloc, the socialist economies can no longer live on artificial respiration and, driven by Gorbachev's perestroika, …

A key quality of leftist intellectuals is their total denial of reality. In their fight for a “just world,” they skillfully use the rhetoric of Big Brother (not the one from television, but the one from Orwell’s novel “1984”), easily managing to mislead their audience, calling freedom slavery, war…

Julian Adderney[1] People who believe that capitalism is about huge, powerful, multinational corporations miss some of the key elements of free markets. Information, capitalism and open source In a surprisingly influential article in The Guardian, Paul Mason argues that the sweeping changes taking place in the economy are early symptoms of so-called “post-capitalism.” But …

Boyan Rashev Lately I have been witnessing continuous attacks against the bad capitalism that is ruining the world. In all media, and especially in social media, this is a top thesis. This is an extremely strange phenomenon considering that practically everything that humanity has achieved – technical progress, duration and quality of life, pure …

Lately I have been witnessing continuous attacks against the evil capitalism that is ruining the world. In all media, and especially in social media, this is a top thesis. This is an extremely strange phenomenon considering that practically everything that humanity has achieved – technical progress, duration and quality of life, clean environment …

Russell Lamberti It is considered politically incorrect these days to criticize culture, but whether it uses euros or drachmas, whether it is in the European Union or not, Greece needs to somehow correct its cultural dysfunction. I am not talking about the customs of the people of the country, about their traditions, about the architecture, …

Lawrence Reid The decade after 1750 saw a huge economic shift in Britain. It was the era of the Industrial Revolution, marked by a colossal number of technical innovations, a huge increase in productivity, a renaissance of world trade, and a rapid increase in urban population. Historians and other analysts have struggled to interpret …

In the eyes of most people, business profits, especially large profits, are a bad thing. In 2010, a social survey in the United States found that the majority of people associate large profits with greater social harm [1]. Similar prejudices are also very widespread in our native Bulgaria, further fueled by our nearby socialist …

Ludwig von Mises 200 years ago, before the advance of capitalism, a person's social status was the same from the beginning to the end of his life; he inherited it from his ancestors and never changed it. If a person was born poor, he always remained poor, and if …