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What Do "Capitalism" And "Socialism" Really Mean?
What Do "Capitalism" And "Socialism" Really Mean?
Authored by Vincent Cook via Mises Institute,
The old debate between socialism and capitalism is back. It wasn't that long ago when socialist economics had been repudiated even by former Soviet insiders, businesses like Wendy's and Miller ran clever television advertisements poking fun at the once-mighty but by then grossly dysfunctional Soviet Union, and the remaining leftist political parties in Western countries pivoted to focusing on promoting welfare statism while admitting that government controls over the means of production is a losing proposition. Back...
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May 1, 2026 / Joshua Mawhorter
The Luck Fallacy and Luck Egalitarianism
Luck egalitarians fallaciously declare property and wealth to be illegitimate or at least suspect due to a mysterious, unquantifiable force called luck. Their arguments fail even if what they claim about luck is true.
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May 4, 2026 / Tyler Durden
All-Time High 55% Of Americans Say That Their Financial Situations Are Getting Worse
All-Time High 55% Of Americans Say That Their Financial Situations Are Getting Worse
Authored by Michael Snyder via The Economic Collapse,
Americans were not even this stressed about their financial situations during the Great Recession. As you will see below, a brand new Gallup survey has discovered that 55 percent of Americans believe that their finances are getting worse. That is higher than any reading that Gallup recorded during the recession of 2008 and 2009, and it is higher than any reading that Gallup recorded during the pandemic. But of course...
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Jun 1, 2026 / Tyler Durden
IBM Soars On Resurfaced Trump Clip, Barclays Buy Rating As MoMo Rally Accelerates
IBM Soars On Resurfaced Trump Clip, Barclays Buy Rating As MoMo Rally Accelerates
IBM shares jumped as much as 15% in premarket trading after Bloomberg described a recirculated video of President Trump stating that the stock is "going to go up a lot more."
The clip, reposted by Polymarket Money on Saturday evening, appears to have fueled another leg higher in what has already been an eye-popping, multi-week rally.
In the clip, dated December 10, Trump boasted that IBM CEO Arvind Krishna had "taken the stock from a rather low price to...
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