Capitalism Doesn't Work?

 

Economic Growth is a Function of Capitalism

What happened? Capitalism happened. And the US practiced it at a higher level. 

Capitalism is Failing?

But the truer you are to capitalistic principles the better off you are. 

How Socialism Destroys -- in One Chart

In this one chart from Mark Perry we see the power of capitalism to create economic activity and power of socialism to destroy it.

Worldwide Prosperity Explained in One Chart

It's hard to give any other explanation to this chart than "capitalism" or, if you prefer, "classic liberalism" --- the idea that if government protects property rights and otherwise leaves people to employ their own energies and ambitions, great wealth will result. The US, having more aggressively adopted this posture, obviously benefited the most.

Capitalism's Effects in One Chart

Maybe we could send Bernie Sanders and his supporters to China to explain how much better off they were before they emulated the capitalistic, free trade policies of the West.

Bernie Sanders is Right. Our Economy IS Designed By the Wealthy

Bernie Sanders is running around the country braying that our economy is “designed by the wealthiest people in this country to benefit the wealthiest people in this country at the expense of everybody else.” If he'd left off the last six words, he's be absolutely right. Our economy is designed to reward those who are extraordinary economic producers. That's pretty much how you become really wealthy. Doing things that others find quite valuable -- whether designing great smartphones or hitting .325. The last six words are where he goes (intentionally, I'm sure) wrong. If the economy is "designed" by the successful to reward only the successful, they sure screwed it up. Darn,

Pope Francis Should Look at What More Capitalism Might Have Done For Argentina

Pope Francis has been rather critical of capitalism. Perhaps he needs to review what has happened to the economic well-being of his fellow Argentinians relative to people in the United States.  I wonder if maybe Argentinians might wish they had experienced a little more capitalism in the last century?

Capitalism is the Scourge of the Poor?

If you listen to those on the left -- Democrats, the media -- you would think that capitalism was the scourge of the poor. And then there are the facts . . . .

Capitalism Makes Food Less Expensive.

"It's just sinful how those unfettered capitalists keep making food cheaper." -- Pope Francis?

Something to Remember on May Day

May Day was a day for the leftists in the Seattle population (which seems to be the same thing these days)  to get together for riots proclaiming the evils of capitalism -- how badly the people of the world have suffered from the advent and acceleration of market economics. Perhaps they'll want to use this chart as a discussion point the next time they meet.

Capitalism is a Dirty Word (ask Kim)

Capitalism produces income inequality. It simply enriches the privileged few at the expense of the rest of the population. Ask any Korean.