By Andrew Pfaff What economic policy most helps the American people? There are many ideas on how to best answer that question, but two ideologies tend to stand out: capitalism and socialism. Numerous variations of both principles exist, as well as many misconceptions. As defined by Merriam-Webster, capitalism is “an economic system characterized by private…
Much has been written on Bernie Sanders and his identification with outright socialism back during his heydays in the latter half of the 20th century; from his honeymooning in the Soviet Union, to his praising of breadlines and the Cuban regime, to the utter laziness he displayed while living in his hippie commune. Today, he…
Did Abraham Lincoln share a common economic vision with Karl Marx? That’s the thesis of a recent article in the Washington Post, which claims that the 16th president and the socialist philosopher “were friendly and influenced each other.” According to an essay by Gillian Brockell, “Lincoln was regularly reading Karl Marx” and appears to have adapted a Marxist…
When a Republican group asked Mark Cuban to come speak at an event, the very first thing he did was to attack not only the Republican Party, but parties in general. “Why does anybody join a political party anymore? It’s not the 1800s, when you needed to assemble. It’s not the 1900s, where you almost…
By Kelsey Bolar Americans are no longer just flirting with the idea of socialism. They’re increasingly enamored by it. And women, in particular, are some of its biggest fans. It makes sense, in a way. When women are told enough times that they’re oppressed victims who need expansive government programs to address structural inequalities, they’re…
The French Revolution produced a parade of fascinating characters, many of them deranged by power and vampire-like in their quest for blood. One of the period’s lesser-known figures was Gracchus Babeuf, whose ideas were shelved with his death in 1797 only to reappear decades later in the writings of Karl Marx. Babeuf was, as the…
How do we overcome our need to make our story cohere with our preexisting biases? Consider the following facts: Venezuela is a country with vast natural resources. Once it was one of the wealthiest countries in South America. Venezuela nationalized many vital industries such as oil. Price controls were instituted, and hyperinflation destroyed savings. Supermarket…
Alexandria Ocasio-Cortez is getting pretty popular these days. She rose to prominence for her far-left views and an ignorance of how the government runs more suited to an 8th grader than a congresswoman. In a viral video, she proclaimed the three branches of government were the Presidency, Senate, and House of Representatives (it’s no surprise…
Jessica Kramer on November 29, 2018 Independent Vermont Sen. Bernie Sanders spoke at George Washington University Tuesday night, so The Daily Caller News Foundation asked students what they thought of him as the face of the resistance movement. Most students disregarded identity politics when it came to Sanders because of his socialist policy proposals, admitting…
Have a friend who constantly says, “it’s not socialism, it’s DEMOCRATIC socialism?” The next time you hear that, try this on them, “it’s not Nazism… it’s DEMOCRATIC Nazism.” Ludwig von Mises was an Austrian-American economist whose seminal work Human Action is the backbone for modern libertarian views. As a Jew in Austria, Mises fled Europe…