Mark Thornton reflects on the persistent misconceptions about capitalism in America and offers up a “Marxist interpretation” of our dilemma.
You May Also Like
Editor's Pick
When modern progressives claim to support equity, what they really mean is the confiscation of wealth and transferal of private property to politically-favored groups....
Editor's Pick
Alex Nowrasteh Vice President JD Vance and a collection of online conservative commentators have argued that, as president, Joe Biden let in 20 or...
Editor's Pick
George Selgin The newly published book by Cato Senior Fellow George Selgin, False Dawn: The New Deal and the Promise of Recovery, 1933–1947, is...
Editor's Pick
On Monday, the Dow dropped over 1,000 points after President Trump’s new round of criticism directed at Fed Chair Jerome Powell. The selloff reflects...