by Peter Ferrara -
His mother was an unabashed hippie from 1960s central casting. His father was an openly avowed Communist from Kenya. While his father wasn’t around much, his devoutly progressive grandparents arranged for him to be mentored during his adolescent years by a dues paying member of the U.S. Communist Party, Frank Marshall Davis.

When he went to college, he was attracted to the Marxist professors and student activists, according to his own published memoirs. When he graduated, he moved to Chicago and became an instructor for the left-wing extremist organization ACORN in the social manipulation methods of radical Marxist agitator Saul Alinsky. He attended for close to two decades the Trinity United Church of Christ, which practiced neo-Marxist Black Liberation Theology. That church was headed during those years by the openly socialist Rev. Jeremiah Wright, who declared that the 9/11 terrorist attack on America was “America’s chickens coming home to roost.” He also famously preached from his pulpit, “Not God bless America, God damn America….” more »

Economic Freedom -
The Pilgrims struggling to survive at Plymouth Plantation learned the importance of private property first-hand in 1623 when Governor Bradford adopted a free-enterprise system after just two years of communal sharing. Their experiment with socialism revealed valuable lessons that inspired the colony to shift to a free-market economic system that would serve as the foundation upon which America would grow into a great and prosperous nation.

As the Pilgrims learned, societies that respect property and the rule of law capture the benefits of free-market enterprise and enjoy high levels of prosperity. The benefit that we see from free markets is contingent on individuals having the right to own and protect property and to benefit from their labor. more »

by Ed Feulner -
Steve Jobs, who died yesterday at the too-young age of 56, was a living refutation of all that liberals constantly tell us about our country — that we’re falling behind others and live now in a “post-American world,” as one of Barack Obama’s favorite books puts it in its title.

As anyone who’s ever handled an Apple product or had his life improved by the technological innovations our system has produced in just a decade (that means all of us) will tell you, Jobs and innovators like him epitomize that immeasurable quality the left somehow finds most abject — American exceptionalism.

The meme of the left is that drudgery and mediocrity is not just our future but probably also our just deserts–for being too imperialistic, consumerist, wasteful, patriarchal, or what have you. (For an inexhaustible list of all our ills and sins, please check with the mob gathered at the “Occupy Wall Street” protest.) One should compare this deadened vision with the wonders Jobs wrought. more »

Illustration by Chad Crowe

by Shelby Steele -
If I’ve heard it once, I’ve heard it a hundred times: President Obama is destroying the country. Some say this destructiveness is intended; most say it is inadvertent, an outgrowth of inexperience, ideological wrong-headedness and an oddly undefined character. Indeed, on the matter of Mr. Obama’s character, today’s left now sounds like the right of three years ago. They have begun to see through the man and are surprised at how little is there.

Yet there is something more than inexperience or lack of character that defines this presidency: Mr. Obama came of age in a bubble of post-’60s liberalism that conditioned him to be an adversary of American exceptionalism. In this liberalism America’s exceptional status in the world follows from a bargain with the devil—an indulgence in militarism, racism, sexism, corporate greed, and environmental disregard as the means to a broad economic, military, and even cultural supremacy in the world. And therefore America’s greatness is as much the fruit of evil as of a devotion to freedom. more »

12/15/2010 – J.T. Young -

The Korean peninsula demonstrates the fundamental differences between free and fettered markets. As always, there are the free market’s obvious attributes of prosperity and democracy. However as recent events have shown, peace should not be overlooked. And just as importantly, neither should its proper attribution to a free market.

In one relatively small section of the world, the stark differences between the world’s most important dichotomy is clearly visible. In South Korea, a capitalist market, open society, and democracy exist. In North Korea, a closed market, closed society, and totalitarian regime exist. You also have a stark distinction between peace and war.

Perhaps capitalism’s most overlooked attribute is peace. Virtually all conflicts of the last century have been initiated by fettered market, authoritarian states. Often the world’s armed conflicts have been between two such regimes. Contrastingly, military conflicts have almost never pitted two capitalist, democratic nations against one another. more »

12/9/2010 – John Stossel -
Prosperity is impossible without property rights.

Of the 6 billion people on Earth, 2 billion try to survive on a few dollars a day. They don’t build businesses, or if they do, they don’t expand them. Unlike people in the United States, Europe, and Asian countries like Japan, South Korea, Hong Kong, etc., they don’t lift themselves out of poverty. Why not? What’s the difference between them and us? Hernando de Soto taught me that the biggest difference may be property rights.

I first met de Soto maybe 15 years ago. It was at one of those lunches where people sit around wondering how to end poverty. I go to these things because it bugs me that much of the world hasn’t yet figured out what gave us Americans the power to prosper. more »

11/27/2010 – Henry Oliner -
Listening to the declarations of class warfare by congressmen who demonize wealth and the wealthy, I am reminded of these stories of the moral hypocrisy displayed by those who demand without respect. They require more and more, yet they blame these subjects for any setbacks caused by said subjects’ imperfections or unwillingness to bend to the will of those who scorn them. more »

11/24/2010 – John Stossel -

Had today’s political class been in power in 1623, tomorrow’s holiday would have been called “Starvation Day” instead of Thanksgiving. Of course, most of us wouldn’t be alive to celebrate it.

Every year around this time, schoolchildren are taught about that wonderful day when Pilgrims and Native Americans shared the fruits of the harvest. But the first Thanksgiving in 1623 almost didn’t happen.

Long before the failure of modern socialism, the earliest European settlers gave us a dramatic demonstration of the fatal flaws of collectivism. Unfortunately, few Americans today know it.

The Pilgrims at Plymouth Colony organized their farm economy along communal lines. The goal was to share the work and produce equally. That’s why they nearly all starved. more »

10/25/2010 – Steve McCann -
The images on the television screen emanating from Europe are a sobering reminder that socialism has failed wherever it has been tried and will always do so despite the best efforts of the die-hard true believers. The riots in the streets of France and Greece, the announced layoffs of nearly 500,000 government employees in the United Kingdom, and the potential national bankruptcy of Ireland, Spain, Italy, and Portugal are the current face of this failure.

Yet within the halls of power in Washington, D.C. there is a socialist/progressive cabal, and its titular leader Barack Obama, oblivious to this reality. These ideologues continue to cling to the belief that they have a unique ability to succeed where so many others have failed. The egocentric American Left know no bounds, and their determination to impose their will upon the United States has not and will not abate despite the results of any election. more »

Terry Paulson

6/21/2010 – Terry Paulson -

Thanks to the attention from Glenn Beck, a recent top seller on Amazon.com is Austria’s Friedrich Hayek’s The Road to Serfdom. The book was written in 1944 to fight the drift from individual freedom and free-market competition to a growing dependence on economies controlled by central planning authorities. To Hayek, Stalin’s Soviet Russia was no better than the Nazi “National Socialists.” In all its forms, the increasing spread of socialism has and would always be a threat to individual freedom and economic progress.

Hayek’s book remains a wakeup call to apathetic citizens who take for granted that the improvements achieved through democracy, individual freedom and capitalism have been “acquired once and for all.” Hayek knew what history confirms; freedom must be earned and reearned in every generation. more »

Jacob Hornberger

5/7/2010 – Jacob Hornberger -
Liberals say that they love the poor, needy, and disadvantaged. Unfortunately, however, the economic philosophy that liberals favor constitutes a direct assault on the economic well-being of the poor, along with nearly everyone else in society.

Liberals claim to combat poverty in two principal ways.

First, they use the force of government (e.g., income taxes) to take money from those who have earned it in order to give it to the poor.

Second, they restrict people’s use of their property to enable the poor to have access to such property. more »

NewsReal Blog | by F. Swemson | 3/4/2010

As a system, absolutely not, as for the term itself though, perhaps we should.

In an article in the Telegraph on Thursday 3.04.10, the Chairman of Marks & Spencer, the leading department store in London, made some interesting remarks about capitalism. He spoke mostly about the perception of capitalism and the free market system, in the eyes of people around the world, and the fact that the term itself has begun to become so negative, that they forget the fact that capitalism is the only system which has ever worked, and that every time it was tried, communism led to misery, oppression, and the murder of millions. He even suggested that we find another name for it. Why not ? The progressives found another name for communism, didn’t they? more »

Townhalll | by Larry Kudlow | Jan. 16, 2010

President Obama’s misbegotten bank tax is precisely the wrong policy at precisely the wrong time. It will wind up backfiring across the board. Why? Because bank consumers and borrowers are the ones who will wind up paying this tax, creating an obstacle to economic recovery.

Obama is actually rewarding losers and punishing winners — exactly the reverse of free-market capitalism. more »

RealClearMarkets | by Steven Malanga | Nov. 25, 2009

Reading Nathaniel Philbrick’s Mayflower, an account of the voyage of the Pilgrims and the settling of Plymouth Colony, what strikes me most is not simply the extraordinary suffering of those who made the crossing, or how close to failure the entire venture teetered for years, or even the author’s recounting of the first celebration we’ve since dubbed Thanksgiving.

What leaps out from the pages of the history, probably because it’s so little a part of the common narrative of the Pilgrims, is a crucial decision by the colony’s governor, William Bradford, to change the fundamental organization of Plymouth’s economy, a move which secured the colony’s future. As Philbrick describes it, after three years in America the Pilgrims “stumbled on the power of capitalism” and in the process ensured the colony’s survival. more »

The Freedom Post | Nov. 25, 2009

With the United States under direct assault from the evils of Socialism (or other forms of “Collectivism” including: Communism, or Fascism…pick your tyranny), and with Thanksgiving Day upon us, it’s timely, appropriate, and necessary to visit the nation’s very first attempt with Socialism, nearly four centuries ago. more »