Category: Benefits of capitalism

Life is improving for most people on earth; in spite of governments

Life expectancy, world health, literacy and education, average interior living space, and the cleanliness of environments is gradually improving throughout the world. See here. But this progress has been IN SPITE OF, rather than because of the world’s governments, which have constantly sought to repress and control the world’s subjects. See here.

Socialism Kills: Socialist Haiti lost 500 people to Hurricane Matthew; neighboring Dominican Republic lost 4

Socialist Haiti shares an island with the Capitalist Dominican Republic. One can see the difference between Haiti’s CO2 footprint and the Dominican Republic’s from space at night. Haiti sits in the dark as its people huddle in suffering, burning firewood instead of fossil fuels. Around 500 people died in in Haiti due to Hurricane Matthew. …

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East German socialism caused lower life expectancy than West German capitalism

When the Berlin Wall came down, socialist East Germany was more polluted, poorer and sicker than West Germany. According to David Legates’ “The Experiment: Capitalism versus Socialism,” “State-guaranteed health care in the East did not translate into a healthier society. In 1990, life expectancy in the West was about 3½ years longer than in the …

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Chicago neighborhood discovers the magic of privately-funded police protection

Interesting story out of Chicago, which has suffered under a torrent of violent street crime over the past few years. It seems some private citizens have started paying for private police patrols out of their own pockets. Neighbors are overwhelmingly supportive of the idea, and there are preliminary observations that the crime situation has greatly …

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In Boston, every Uber customer must contribute a nickel to sustain dying government-monopoly taxi industry

The taxicab industry has been so overregulated for so long that it cannot survive any exposure to real-world, market forces. Many states grant monopoly jurisdictions to cab companies and control prices, fares, numbers of drivers, and numbers of cabs. Poor people who want to start a cab company are simply not allowed. In fact, many …

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Hope for humanity: Britain Leaves EU

Lift a glass for self determination! It appears the courageous Brits have chosen to exit the European Union. There is hope!

Cuban socialism devastated the environment

Reason Magazine’s cartoonist Peter Bagge recently took a 4-day trip to Cuba. (Cuba has recently opened itself somewhat to American tourism.) Bagge reports that Cuba is a filthy island with littered beaches and smoke-filled air. The air pollution is so bad there that Cuba’s weather reports sometimes simply say: “Smoky.” There are rolling blackouts and …

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Venezuelans now don’t have toilet paper, cable TV or cell phone service

Socialism is something that should only be wished on one’s enemies. For years, Venezuelans have voted for overt socialists. It all seemed great at first. “Free” health care, education, food, shelter, clothing, etc. The government ‘paid’ for everything with abundant oil. But now oil prices have hit rock bottom and the Venezuelan government owes its …

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U.S. Postal Service has every advantage; yet still loses a billion dollars annually

Government sucks at almost everything. Its “goods and services” cost more and are of lower quality despite the fact that the government enjoys every possible advantage in the marketplace. Consider the U.S. Postal Service. It has been losing a billion dollars annually for years. Yet “it enjoys a range of government-conferred benefits. It has monopolies …

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The U.S. has now gone 10 consecutive years in which GDP growth never rose above 3 percent

China, India and other countries have seen their annual GDP numbers grow by 6 to 8 to 10 percent annually. Much of the world has embraced increasing freedom, commerce and capitalism. Life expectancies have grown, and people are living healthier and happier all over the world. But not in the United States. A period of …

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