The GINI Index is a good measure of economic inequality in society. It is used with other measures to determine if the Conservative version of the American Dream worked after over 100 years of trying.
If you don't have a job, you don't have money. That's the truth for most people. A universal basic income was first proposed by Thomas Payne. It's still a good idea. So who is going to pay for it?
A lucid argument can be made that we have never seen a truly Communist State as Marx envisioned it. What we see instead are Communist parties slipping into Socialism, Fascism, and despotism.
Bastiat's The Law is a classic in free-market economics. In this small treatise, Bastiat provides both a model of the classical liberal view of economics along with a critique of socialism.
Where does the money go that you spend in the mall?
The disadvantages of making a profit far outweigh the advantages to business been driven by profit. Far from destroying business and motivation, making profit illegal would enhance the economy.
Right to work laws give individual workers the right to choose whether to join and union pay union dues or elect not to join a union in order to work and earn a living.
Ambition - a strong desire to do or achieve something, typically requiring determination and hard work. Desire and determination to achieve success. - Dictionary In life we need to have ambition. Most ambitions are good because they involve...
The Democratic Alliance, DA, is the amalgamation of the various 'white' political parties from the apartheid era. It has been dominant in the Western Cape (Cape Town) since the apartheid was dismantled. This is an open letter about their policies and their achievements.
Why does Marx hate capitalism anyway? This is the concept of primitive accumulation explained and then applied to the question of property relations in capitalist societies. All of this information comes from Marx's "Capital" Volume I.