Category: capitalism

China Has Been ‘Taking Advantage’ of the WTO for 20 Years: Experts

China has not lived up to its commitments on fair trade in the past two decades, and has little will to do so, despite the world looking to its transition toward free-market capitalism, experts said. “China has never really observed the rules of the World Trade Organization. It has taken advantage of the World Trade…


Netflix’s ‘Squid Game’ Success Could Cut Korean Film Industry’s Relaince On China: Korean Filmmaker

Netflix’s South Korean drama “Squid Game” has become the most popular TV series in the platform’s history. It has exceeded 132 million views in only 23 days after its launch and ranked first in more than 90 countries worldwide. A South Korean documentary filmmaker suggests its success could end the South Korean film industry’s reliance…


Why Americans Favor Free Market Capitalism Over Big Government Socialism

Commentary Our recent survey that showed “Free Market Capitalism” was favored by 59 percent to 16 percent over “Big Government Socialism” came as a shock to some in the establishment. Many were convinced socialism was gaining favor, and we had to spend our time apologizing for capitalism as it declined. Fortunately, it seems that two…


Buildings Collapsing: the Fault of Capitalism?

Commentary What do we learn from the story of the Three Little Pigs? One of them built his house out of straw, the other of wood, and the third, the smartest, did so out of brick. Then, when the Big Bad Wolf came a-calling, huffing and puffing and trying to blow their houses down, only…


What is Happening In Cuba and How to Talk to Your Friends About Socialism

Epoch TV’s “Crossroads” host, Joshua Philipp, interviewed Zilvinas Silenas, President of the Foundation for Economic Education, on the recent anti-communist protests happening in Cuba and the larger issue of what socialism is and how to talk to well meaning Americans who identify with socialist ideologies today. Philipp asks Silenas for a summary of what is…


Whole Foods CEO John Mackey on the ‘Siren Call’ of Socialism and Why Businesses Should Stay Apolitical

“Socialism has been tried 41 times in the last 100 years … and there are exactly 41 failures,” says Whole Foods CEO John Mackey, author of “Conscious Capitalism.” In this interview, filmed at the FreedomFest in South Dakota, I sat down with Whole Foods CEO John Mackey to discuss the deceiving allure of socialism, his…


‘They’re Going to Move Me Over to Fox’: MSNBC Guest Says Endlessly Raising Taxes Will Hurt Capitalism

MSNBC guest Donny Deutsch warned about endlessly raising taxes, saying it would be harmful to capitalism, during a Friday interview. “At some point, I know I’m going to get lambasted from this as the guy—at some point, taxes get to a point where it’s just, you know, you can’t raise taxes to a certain point…


Whites Aren’t Hated for Slavery but for Making America and the West

Commentary In “Why the Jews?” my book on anti-Semitism, there is a chapter on anti-Americanism. My co-author, Rabbi Joseph Telushkin, and I long ago understood that many of the reasons for Jew-hatred and America-hatred were the same. Among them are envy of success—material, of course, but even more importantly, success in terms of influence. Another…


GOP Trustbusters Are Embracing Progressives’ Agenda

Commentary It’s not too often that Republicans embrace the agenda of leftist Sens. Bernie Sanders and Elizabeth Warren. But it’s happening. Sen. Josh Hawley, the young Republican senator from Missouri, has introduced a bill in Congress entitled: “Trustbusting for the Twenty-First Century Act.” It may be the most dangerous bill to our economy from a…


Lenin’s New Economic Policy: When the Soviets Admitted Socialism Doesn’t Work

A century ago, the Mother Ship of Socialism—the Soviet Union—was teetering on the precipice. The Poles had just vanquished the hopes of dictator Vladimir Lenin to sweep across Europe. Under the bludgeon of Marxist central planning, the economy had collapsed to a fraction of its pre-war dimensions. The country was seething in discontent. Insurrection seemed imminent. Indeed,…