You are here

OpenMarket: Morality of Capitalism

  • Corporate 'Social Responsibility' Must Be Voluntary, Not Mandated

    November 19, 2019
    The Bipartisan Policy Center (BPC) just wrapped an event on corporate governance titled “The Role of a Corporation: The Shareholder versus Stakeholder Debate,” and it covered some interesting territory. BPC president Jason Grumet led a discussion with former Securities and Exchange Commission members Dan Gallagher and Roel Campos.
  • VIDEO: Life Is Getting Better

    September 27, 2019
    Despite prominent headlines to the contrary, the world is not actually falling apart. As our friends at places like Human Progress tirelessly work to remind us, global trends on everything from war and famine to longevity and literacy are looking good.
  • VIDEO: Prosperity Is More Than Wages

    September 20, 2019
    In a new video for the PolicyEd channel, economist Russ Roberts takes on the popular—though misleading—narrative that ordinary working Americans haven’t made any real economic progress in the last generation or so.
  • Policy Circle 4th Annual Leadership Summit Coming to Chicago

    September 12, 2019
    There are a lot of useful conferences, meetings, and conventions that fill our calendars, and one that we're especially looking forward to this year is the Policy Circle’s 4th Annual Leadership Summit in Chicago. The Policy Circle is a non-profit organization committed to advancing women’s leadership through expanding knowledge of public policy, and they've got some excellent speakers lined up.
  • Study on Export-Import Bank: Repeal Is Best, Other Reforms Can Help

    September 10, 2019
    The Export-Import Bank is up for reauthorization by September 30. It should be shut down, as I’ve pointed out before, but reauthorization will almost certainly pass. Ex-Im was either shut down or sharply limited for nearly five years, from October 2014 until May of this year.
  • Welfare for Billionaires: Stadium Subsidies Are Pure Cronyism

    September 6, 2019
    Our old friend (and former Competitive Enterprise Institute journalism fellow) Tim Carney is doing excellent work at the American Enterprise Institute these days, where he is shining a light on the huge costs and breathtaking unfairness of corrupt government handouts to private parties—what we call cronyism.
  • David Koch (1940-2019), R.I.P.

    August 23, 2019
    Friend, philanthropist, inventor, and industrialist David Koch has died at the age of 79.  He was a father and husband. Known best for his pro-liberty activism and involvement in national politics, he also improved countless lives with more than a billion dollars in philanthropic donations to artistic, cultural, and medical charities. His generosity, optimism, and commitment to a freer world will continue to bear fruit for many generations.
  • When Did Conservatives Stop Loving a Free Economy?

    August 22, 2019
    National Review contributor and rage-inducing controversialist Kevin Williamson has a new book out, “The Smallest Minority: Independent Thinking in the Age of Mob Politics,” which covers a lot of big-picture theory on democracy, social psychology, and even theology. For the moment, I’m most interested in what he says about capitalism’s history and its recent evolution (if I may use that biological term).
  • Sealand, from Pirate Radio to Seasteading

    August 21, 2019
    Setting up a sovereign free territory has long been a dream of libertarian mavericks, from the ill-fated Republic of Minerva to the nascent Free Republic of Liberland. Yet arguably none has achieved the longevity of the Principality of Sealand. A major reason for that longevity—and accompanying notoriety—is the fact that Sealand, while perhaps whimsical in its origin, wasn’t merely a utopian experiment.
  • Business Roundtable Restates Obvious: Stakeholders Matter (and Always Have)

    August 19, 2019
    There’s a flurry of news coverage this morning about the Business Roundtable releasing a new public statement on “the purpose of a corporation.” Whereas previous versions stated that “corporations exist principally to serve their shareholders,” the new statement emphasizes the way in which the signatory CEOs “create value for all our stakeholders, whose long-term interests are inseparable.” Opinion writers like the Washington Post’s Steven Pearlstein consider this shift in language “significant,” but it seems more a clarification of what has always been true for American businesses than any real change in direction.

Pages

Subscribe to OpenMarket: Morality of Capitalism