Showing posts with label capitalism. Show all posts
Showing posts with label capitalism. Show all posts

Friday, March 25, 2016

Obama Tells Argentinian Youths There’s Little Difference Between Socialism, Marxism and Capitalism

Barack Obama told an audience of Argentinian youth that the differences between socialism and capitalism make interesting conversation but just pick whatever works. The ideological-left US president suddenly doesn't have an affinity for ideology.
Read more at the Gateway Pundit Read More......

Tuesday, December 15, 2015

Climate scam: Golden key to bring down capitalism

On Saturday, President Barack Obama hailed the acceptance of a final draft of an ambitious, global climate-change agreement in Paris, calling it the “best chance” to save the planet.  “We came together around a strong agreement the world needed,” said Obama, speaking from the White House...
Read more at World Net Daily
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Wednesday, December 9, 2015

“Capitalism” Is the Wrong Word

Wouldn’t it be nice if we could simply invent new terms to replace the words that seem to cause more heat than light? For example, I have written before of my qualms about using the word capitalism to describe the free-market economy. The word was coined by capitalism’s enemies to describe the system that they rejected.


Read more at the Foundation for Economic Freedom Read More......

Sunday, November 22, 2015

Bill Whittle: How to Stop the Civilizational Collapse

Bill Whittle, a warrior for conservatism, explains how the tide can be turned at the Freedom Center's Restoration Weekend (Videos). --(Snip)-- There is no question that the wheels are coming off of Western civilization. And the problem is that the wheels have come off of every civilization, and they've come off of every civilization in exactly the same way throughout history, starting with the Babylonians, the Assyrians, the Egyptians, the Greeks, the Romans. Same pattern every time, every time we see it. And I didn't understand it until very recently. --But just to make the case...

Read more at Frontpage Mag Read More......

Sunday, October 18, 2015

Sanders and Clinton vs. Capitalism

On Tuesday, Hillary Clinton and Bernie Sanders, along with other Democratic presidential candidates, were in Las Vegas, a city that does not believe in stifling commercialism, at the Wynn hotel, where suites go for as much as $900 per night. They came to deplore the evils of capitalism. The senator from Vermont identifies himself as a "democratic socialist," and he's no pretender. In 1985, as mayor of Burlington, he traveled to Nicaragua to celebrate the sixth anniversary of what he called the "heroic revolution" of the Marxist Sandinistas.


Read more at Townhall Read More......

Saturday, September 19, 2015

The New Left: Envy, Resentment and Hate

Bernie Sanders is angry. Who is he angry at? Rich people. Why rich people? That’s not clear.
At Liberty University, Sanders complained about a small number of people who have “huge yachts, and jet planes and tens of billions” while others “are struggling to feed their families.” In Madison Wisconsin, Sanders called for a “political revolution against greed.”
So what’s the connection between people who have “tens of billions” and people who are “struggling to feed their families”? For the most part it’s a positive one.


Read more at Townhall.com Read More......

Thursday, January 9, 2014

Chart of the greatest and most remarkable achievement in human history, and one you probably never heard about

AEI: Everybody’s featuring their “graphs and charts of the year,” like The Atlantic and the Washington Post (be sure to see Vice-President Joe Biden’s “Graph of the Year” on Amtrak ridership). Well, the chart below could perhaps qualify as the “chart of the century” because it illustrates one of the most remarkable achievements in human history: the 80% reduction in world poverty in only 36 years, from 26.8% of the world’s population living on $1 or less (in 1987 dollars) in 1970 to only 5.4% in 2006. (Source: The 2009 NBER working paper “Parametric Estimations of the World Distribution of Income,” by economists Maxim Pinkovskiy (MIT) and Xavier Sala-i-Martin (Columbia University).

What accounts for this great achievement that you never hear about?

AEI president Arthur Brooks explains in the video below, summarized here:
It turns out that between 1970 and 2010 the worst poverty in the world – people who live on one dollar a day or less – that has decreased by 80 percent (see chart above). You never hear about that.

It’s the greatest achievement in human history, and you never hear about it.

80 percent of the world’s worst poverty has been eradicated in less than 40 years. That has never, ever happened before.

So what did that? What accounts for that? United Nations? US foreign aid? The International Monetary Fund? Central planning? No.

It was globalization, free trade, the boom in international entrepreneurship. In short, it was the free enterprise system, American style, which is our gift to the world.

I will state, assert and defend the statement that if you love the poor, if you are a good Samaritan, you must stand for the free enterprise system, and you must defend it, not just for ourselves but for people around the world. It is the best anti-poverty measure ever invented.

Source: American Enterprise Institute
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Wednesday, July 18, 2012

WATCH: Conservatives Deliver Answer to Obama’s Class Warfare Rhetoric

Monica Crowley, "Make the moral case for free-market capitalism."

Young America’s Foundation, along with the award-winning director Stephen K. Bannon, will be releasing a new film titled The Conservatives to present a positive alternative to campus leftism. Today, Young America’s Foundation launched the trailer for the movie. ✧ Mark Levin, Michelle Malkin, Jonah Goldberg, Monica Crowley, Ph.D., Dr. Walter Williams, Stephen Moore, and Peter Schweizer—some of the brightest stars in the Conservative Movement—appear in the movie to offer an inspiring “call to action” for young conservative leaders. Read more at Fox Nation... Read More......

Thursday, January 26, 2012

VC: The Moral Hazard Effects of Current Economic Policy

Cassandra at VILLAINOUS COMPANY, 1/23/2012 - Robert Samuelson [Why the Fed Slept] explains how economic policies aimed at smoothing out the business cycle make the economy less stable in the long run:
    Since the 1960s, the thrust of economic policy-making has been to smooth business cycles. Democracies crave prolonged prosperity, and economists have posed as technocrats with the tools to cure the boom-and-bust cycles of pre-World War II capitalism. It turns out that they exaggerated what they knew and could do.

    There's a paradox to economic policy. The more it succeeds at prolonging short-term prosperity, the more it inspires long-run destabilizing behavior by businesses, banks, consumers, investors and government. If they think basic stability is assured, they will assume greater risks -- loosen credit standards, borrow more, engage in more speculation, relax wage and price behavior -- that ultimately make the economy less stable. Read more at Villanous Company...

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Wednesday, January 4, 2012

Economist Walter E. Williams loves greed

What human motivation gets the most wonderful things done? It's really a silly question, because the answer is so simple. It turns out that it's human greed that gets the most wonderful things done. When I say greed, I am not talking about fraud, theft, dishonesty, lobbying for special privileges from government or other forms of despicable behavior. I'm talking about people trying to get as much as they can for themselves. Let's look at it. Read more at Townhall.com... Read More......

Sunday, February 21, 2010

Aetna's CEO Compensation

FUTURE OF CAPITALISM, 2/17/2010 - "Aetna is a well-managed company and I am confident that your shareholders are going to do well," President Obama said to Aetna CEO Ronald Williams at the White House before a nationwide television audience back in June. The Seton Hall University Law School Health Reform Watch blog reports that Mr. Williams's 2008 total compensation was $24,300,112. Not bad for a year in which Aetna's share price plummetted to $28.46 from $56.47, losing about half of its value. The Seton Hall blog says that by comparison, WellPoint CEO Angela Braly is underpaid. She earned $9,844,212 in 2008. To Mr. Obama, the bankers are fat cat suicide bombers earning obscene bonuses (or they were, at least until he changed his tune). But the health insurance companies, whose executives earn as much or more than the bankers, are "well managed." Or at least Aetna is. Mr. Obama wasn't criticizing the insurance companies, because they pretty much backed his plan to force Americans to become their customers and use tax dollars to subsidize their premiums. We're generally of the view that free markets should set compensation. But there aren't too many other businesses around where you can earn a free-market salary while using the force of government to corral customers and the taxing power of government to subsidize your premiums. And Mr. Obama says a health care overhaul failed because he didn't do a good enough job of explaining it? Read More......

Monday, October 26, 2009

Deja vous

"A nation which does not remember what it was yesterday, does not know what it is today, nor what it is trying to do. We are trying to do a futile thing if we do not know where we came from or what we have been about." --Woodrow Wilson - 1911

(Hat tip: Stella Guenther via Restore America)
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Tuesday, October 13, 2009

Imprimis: Future Prospects for Economic Liberty

IMPRIMIS, 9/2009 - From a speech by Walter Williams, Professor of Economics, George Mason University - Excerpt (on the expansion of government at the cost of contracting liberty):
"Ironically, the free market system is threatened today not because of its failure, but because of its success. Capitalism has done so well in eliminating the traditional problems of mankind—disease, pestilence, gross hunger, and poverty—that other human problems seem to us unacceptable. So in the name of equalizing income, achieving sex and race balance, guaranteeing housing and medical care, protecting consumers, and conserving energy—just to name a few prominent causes of liberal government these days—individual liberty has become of secondary or tertiary concern."
Read more at Imprimis...

“Reprinted [in part] by permission from Imprimis, a publication of Hillsdale College.”
Adapted from a lecture delivered on August 2, 2009, during a Hillsdale College cruise from Venice to Athens aboard the Crystal Serenity. Read More......

Wednesday, July 15, 2009

1958 Essay: I, Pencil

I, Pencil by Leonard E. Read, [the story of free-markets] first published in 1958
THE ADVOCATES.ORG [Link no longer available]
Updated links: Read more at Foundation for Economic Freedom (FEE.org) or listen to audio file.
"I, Pencil, simple though I appear to be, merit your wonder and awe, a claim I shall attempt to prove. In fact, if you can understand me -- no, that's too much to ask of anyone -- if you can become aware of the miraculousness which I symbolize, you can help save the freedom mankind is so unhappily losing."



I, Pencil

I am a lead pencil--the ordinary wooden pencil familiar to all boys and girls and adults who can read and write.

Writing is both my vocation and my avocation; that's all I do.

You may wonder why I should write a genealogy. Well, to begin with, my story is interesting. And, next, I am a mystery -- more so than a tree or a sunset or even a flash of lightning. But, sadly, I am taken for granted by those who use me, as if I were a mere incident and without background. This supercilious attitude relegates me to the level of the commonplace. This is a species of the grievous error in which mankind cannot too long persist without peril. For, the wise G. K. Chesterton observed, "We are perishing for want of wonder, not for want of wonders."

I, Pencil, simple though I appear to be, merit your wonder and awe, a claim I shall attempt to prove. In fact, if you can understand me -- no, that's too much to ask of anyone -- if you can become aware of the miraculousness which I symbolize, you can help save the freedom mankind is so unhappily losing. I have a profound lesson to teach. And I can teach this lesson better than can an automobile or an airplane or a mechanical dishwasher because -- well, because I am seemingly so simple.

Simple? Yet, not a single person on the face of this earth knows how to make me. This sounds fantastic, doesn't it? Especially when it is realized that there are about one and one-half billion of my kind produced in the U.S.A. each year.

Pick me up and look me over. What do you see? Not much meets the eye -- there's some wood, lacquer. the printed labeling, graphite lead, a bit of metal, and an eraser.

Innumerable Antecedents
Just as you cannot trace your family tree back very far, so is it impossible for me to name and explain all my antecedents. But I would like to suggest enough of them to impress upon you the richness and complexity of my background.

My family tree begins with what in fact is a tree, a cedar of straight grain that grows in Northern California and Oregon. Now contemplate all the saws and trucks and rope and the countless other gear used in harvesting and carting the cedar logs to the railroad siding. Think of all the persons and the numberless skills that went into their fabrication: the mining of ore, the making of steel and its refinement into saws, axes, motors: the growing of hemp and bringing it through all the stages to heavy and strong rope; the logging camps with their beds and mess halls, the cookery and the raising of all the foods. Why, untold thousands of persons had a hand in every cup of coffee the loggers drink!

The logs are shipped to a mill in San Leandro, California. Can you imagine the individuals who make flat cars and rails and railroad engines and who construct and install the communication systems incidental thereto? These legions are among my antecedents.

Consider the millwork in San Leandro. The cedar logs are cut into small, pencil-length slats less than one-fourth of an inch in thickness. These are kiln dried and then tinted for the same reason women put rouge on their faces. People prefer that I look pretty, not a pallid white. The slats are waxed and kiln dried again. How many skills went into the making of the tint and the kilns, into supplying the heat, the light and power, the belts, motors, and all the other things a mill requires? Sweepers in the mill among my ancestors? Yes, and included are the men who poured the concrete for the dam of a Pacific Gas & Electric Company hydroplant which supplies the mill's power!

Don't overlook the ancestors present and distant who have a hand in transporting sixty carloads of slats across the nation.

Once in the pencil factory -- $4,000,000 in machinery and building, all capital accumulated by thrifty and saving parents of mine -- each slat is given eight grooves by a complex machine, after which another machine lays leads in every other slat, applies glue, and places another slat atop -- a lead sandwich, so to speak. Seven brothers and I are mechanically carved from this "wood-clinched" sandwich. My "lead" itself -- it contains no lead at all -- is complex. The graphite is mined in Ceylon. Consider these miners and those who make their many tools and the makers of the paper sacks in which the graphite is shipped and those who make the string that ties the sacks and those who put them aboard ships and those who make the ships. Even the lighthouse keepers along the way assisted in my birth -- and the harbor pilots.

The graphite is mixed with clay from Mississippi in which ammonium hydroxide is used in the refining process. Then wetting agents are added such as sulfonated tallow -- animal fats chemically reacted with sulfuric acid. After passing through numerous machines, the mixture finally appears as endless extrusions -- as from a sausage grinder -- cut to size, dried, and baked for several hours at 1,850 degrees Fahrenheit. To increase their strength and smoothness the leads are then treated with a hot mixture which includes candelilla wax from Mexico, paraffin wax, and hydrogenated natural fats.

My cedar receives six coats of lacquer. Do you know all the ingredients of lacquer? Who would think that the growers of castor beans and the refiners of castor oil are a part of it? They are. Why, even the processes by which the lacquer is made a beautiful yellow involves the skills of more persons than one can enumerate!

Observe the labeling. That's a film formed by applying heat to carbon black mixed with resins. How do you make resins and what, pray, is carbon black?

My bit of metal -- the ferrule -- is brass. Think of all the persons who mine zinc and copper and those who have the skills to make shiny sheet brass from these products of nature. Those black rings on my ferrule are black nickel. What is black nickel and how is it applied? The complete story of why the center of my ferrule has no black nickel on it would take pages to explain

Then there`s my crowning glory, inelegantly referred to in the trade as "the plug," the part man uses to erase the errors he makes with me. An ingredient called "factice" is what does the erasing. It is a rubber-like product made by reacting rape-seed oil from the Dutch East indies with sulfur chloride. Rubber, contrary to the common notion, is only for binding purposes. Then, too, there are numerous vulcanizing and accelerating agents. The pumice comes from Italy; and the pigment which gives "the plug" its color is cadmium sulfide.

No One Knows
Does anyone wish to challenge my earlier assertion that no single person on the face of this earth knows how to make me?

Actually, millions of human beings have had a hand in my creation, no one of whom even knows more than a very few of the others. Now, you may say that I go too far in relating the picker of a coffee berry in far off Brazil and food growers elsewhere to my creation; that this is an extreme position. I shall stand by my claim. There isn't a single person in all these millions, including the president of the pencil company, who contributes more than a tiny, infinitesimal bit of know-how. From the standpoint of know-how the only difference between the miner of graphite in Ceylon and the logger in Oregon is in the type of know-how. Neither the miner nor the logger can be dispensed with, any more than can the chemist at the factory or the worker in the oil field -- paraffin being a by-product of petroleum.

Here is an astounding fact: Neither the worker in the oil field nor the chemist nor the digger of graphite or clay nor any who mans or makes the ships or trains or trucks nor the one who runs the machine that does the knurling on my bit of metal nor the president of the company performs his singular task because he wants me. Each one wants me less, perhaps, than does a child in the first grade. Indeed, there are some among this vast multitude who never saw a pencil nor would they know how to use one. Their motivation is other than me. Perhaps it is something like this: Each of these millions sees that he can thus exchange his tiny know-how for the goods and services he needs or wants. I may or may not be among these items.

No Master Mind
There is a fact still more astounding: The absence of a master mind, of anyone dictating or forcibly directing these countless actions which bring me into being. No trace of such a person can be found. Instead, we find the Invisible Hand at work. This is the mystery to which I earlier referred.

It has been said that "only God can make a tree." Why do we agree with this? Isn't it because we realize that we ourselves could not make one? Indeed, can we even describe a tree? We cannot, except in superficial terms. We can say, for instance, that a certain molecular configuration manifests itself as a tree. But what mind is there among men that could even record, let alone direct, the constant changes in molecules that transpire in the life span of a tree? Such a feat is utterly unthinkable!

I, Pencil, am a complex combination of miracles: a tree, zinc, copper, graphite, and so on. But to these miracles which manifest themselves in Nature an even more extraordinary miracle has been added: the configuration of creative human energies -- millions of tiny know-hows configurating naturally and spontaneously in response to human necessity and desire and in the absence of any human master-minding! Since only God can make a tree, I insist that only God could make me. Man can no more direct these millions of know-hows to bring me into being than he can put molecules together to create a tree.

The above is what I meant when writing, "if you can become aware of the miraculousness which I symbolize, you can help save the freedom mankind is so unhappily losing" For, if one is aware that these know-hows will naturally, yea, automatically, arrange themselves into creative and productive patterns in response to human necessity and demand-that is, in the absence of governmental or any other coercive master-minding -- then one will possess an absolutely essential ingredient for freedom: a faith in free people. Freedom is impossible without this faith.

Once government has had a monopoly of a creative activity such, for instance, as the delivery of the mails, most individuals will believe that the mails could not be efficiently delivered by men acting freely. And here is the reason: Each one acknowledges that he himself doesn't know how to do all the things incident to mail delivery. He also recognizes that no other individual could do it. These assumptions are correct. No individual possesses enough know-how to perform a nation's mail delivery any more than any individual possesses enough know-how to make a pencil. Now, in the absence of faith in free people -- in the unawareness that millions of tiny know-hows would naturally and miraculously form and cooperate to satisfy this necessity -- the individual cannot help but reach the erroneous conclusion that mail can be delivered only by governmental "master- minding."

Testimony Galore
If I, Pencil, were the only item that could offer testimony on what men and women can accomplish when free to try, then those with little faith would have a fair case. However, there is testimony galore: it's all about us and on every hand. Mail delivery is exceedingly simple when compared, for instance, to the making of an automobile or a calculating machine or a grain combine or a milling machine or to tens of thousands of other things. Delivery? Why, in this area where men have been left free to try, they deliver the human voice around the world in less than one second: they deliver an event visually and in motion to any person's home when it is happening; they deliver 150 passengers from Seattle to Baltimore in less than four hours; they deliver gas from Texas to one's range or furnace in New York at unbelievably low rates and without subsidy: they deliver each four pounds of oil from the Persian Gulf to our Eastern Seaboard -- halfway around the world -- for less money than the government charges for delivering a one-ounce letter across the street!

The lesson I have to teach is this: Leave all creative energies uninhibited. Merely organize society to act in harmony with this lesson. Let society's legal apparatus remove all obstacles the best it can. Permit these creative know-hows freely to flow. Have faith that free men and women will respond to the Invisible Hand. This faith will be confirmed. I, Pencil, seemingly simple though I am, offer the miracle of my creation as testimony that this is a practical faith, as practical as the sun, the rain, a cedar tree, the good earth.


Leonard E. Read (1898-1983) founded the Foundation for Economic Education (FEE) in 1946 and served as its president until his death. "I, Pencil," his most famous essay, was first published in the December 1958 issue of The Freeman.
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Tuesday, June 2, 2009

NYT: The 31-Year-Old in Charge of Dismantling G.M.

NEW YORK TIMES, 5/31/2009 by David E. Sanger, WASHINGTON — It is not every 31-year-old who, in a first government job, finds himself dismantling General Motors and rewriting the rules of American capitalism. ∴ But that, in short, is the job description for Brian Deese, a not-quite graduate of Yale Law School who had never set foot in an automotive assembly plant until he took on his nearly unseen role in remaking the American automotive industry. Read more at the NYT... Read More......

Thursday, May 14, 2009

Wayne Allyn Root on Obama's political and economic strategy

According to Wayne Allyn Root, 2008 Vice-presidential candidate (Libertarian Party), Obama is the Capo di tutti of business. Listen to Mr. Root defend capitalism and describe President Obama's heavy-handed attempt to destroy free-enterprise in America. Wayne Allyn Root Tackles Obama Strategy on Politics and Economy - Submitted to YouTube by Michael Savage on April 23, 2009

As a commentor writes, "Very powerful" Read More......

Thursday, April 30, 2009

The Real Culture War Is Over Capitalism

Tea parties, 'ethical populism,' and the moral case against redistribution.
WSJ OPINION JOURNAL, 4/30/2009 by Arthur C. Brooks - There is a major cultural schism developing in America. But it's not over abortion, same-sex marriage or home schooling, as important as these issues are. The new divide centers on free enterprise -- the principle at the core of American culture. Read more at Opinion Journal... Read More......

Wednesday, April 1, 2009

Op-ed: In Praise Of Capitalist Exploitation

Critics Economically Ignorant - For well over a century, socialists, progressives, and even many Christians have railed against the capitalist exploitation of workers. They denounce capitalists — whether the Carnegies and Fricks of yesteryear or the Nikes of today — for paying low wages for hard work. ∴ Their antagonism toward individual and corporate targets is misplaced. Read full article at The Bulletin [Philadelphia's Family Newspaper]... Read More......

Tuesday, March 31, 2009

"No He Can't" By Anne Wortham

Fellow Americans,

Please know: I am black; I grew up in the segregated South. I did not vote for Barack Obama; I wrote in Ron Paul's name as my choice for president. Most importantly, I am not race conscious. I do not require a black president to know that I am a person of worth, and that life is worth living. I do not require a black president to love the ideal of America.

I cannot join you in your celebration. I feel no elation. There is no smile on my face. I am not jumping with joy. There are no tears of triumph in my eyes. For such emotions and behavior to come from me, I would have to deny all that I know about the requirements of human flourishing and survival - all that I know about the history of the United States of America , all that I know about American race relations, and all that I know about Barack Obama as a politician. I would have to deny the nature of the "change" that Obama asserts has come to America . Most importantly, I would have to abnegate my certain understanding that you have chosen to sprint down the road to serfdom that we have been on for over a century. I would have to pretend that individual liberty has no value for the success of a human life. I would have to evade your rejection of the slender reed of capitalism on which your success and mine depend. I would have to think it somehow rational that 94 percent of the 12 million blacks in this country voted for a man because he looks like them (that blacks are permitted to play the race card), and that they were joined by self-declared "progressive" whites who voted for him because he doesn't look like them. I would have to wipe my mind clean of all that I know about the kind of people who have advised and taught Barack Obama and will fill posts in his administration - political intellectuals like my former colleagues at the Harvard University 's Kennedy School of Government.

I would have to believe that "fairness" is the equivalent of justice. I would have to believe that man who asks me to "go forward in a new spirit of service, in a new service of sacrifice" is speaking in my interest. I would have to accept the premise of a man that economic prosperity comes from the "bottom up," and who arrogantly believes that he can will it into existence by the use of government force. I would have to admire a man who thinks the standard of living of the masses can be improved by destroying the most productive and the generators of wealth.

Finally, Americans, I would have to erase from my consciousness the scene of 125,000 screaming, crying, cheering people in Grant Park, Chicago irrationally chanting "Yes We Can!" Finally, I would have to wipe all memory of all the times I have heard politicians, pundits, journalists, editorialists, bloggers and intellectuals declare that capitalism is dead - and no one, including especially Alan Greenspan, objected to their assumption that the particular version of the anti-capitalistic mentality that they want to replace with their own version of anti-capitalism is anything remotely equivalent to capitalism.

So you have made history, Americans. You and your children have elected a black man to the office of the president of the United States , the wounded giant of the world. The battle between John Wayne and Jane Fonda is over - and that Fonda won. Eugene McCarthy and George McGovern must be very happy men. Jimmie Carter, too. And the Kennedys have at last gotten their Kennedy look-a-like. The self-righteous welfare statists in the suburbs can feel warm moments of satisfaction for having elected a black person. So, toast yourselves: 60s countercultural radicals, 80s yuppies and 90s bourgeois bohemians. Toast yourselves, Black America. Shout your glee Harvard, Princeton , Yale, Duke, Stanford, and Berkeley. You have elected not an individual who is qualified to be president, but a black man who, like the pragmatist Franklin Roosevelt, promises to - Do Something! You now have someone who has picked up the baton of Lyndon Johnson's Great Society. But you have also foolishly traded your freedom and mine - what little there is left - for the chance to feel good. There is nothing in me that can share your happy obliviousness.

Anne Wortham is Associate Professor of Sociology at Illinois State University and continuing Visiting Scholar at Stanford University's Hoover Institution. She is a member of the American Sociological Association and the American Philosophical Association. She has been a John M. Olin Foundation Faculty Fellow, and honored as a Distinguished Alumni of the Year by the National Association for Equal Opportunity in Higher Education. In fall 1988 she was one of a select group of intellectuals who were featured in Bill Moyer's television series, "A World of Ideas." The transcript of her conversation with Moyers has been published in his book, A World of Ideas. Dr. Wortham is author of The Other Side of Racism: A Philosophical Study of Black Race Consciousness which analyzes how race consciousness is transformed into political strategies and policy issues. She has published numerous articles on the implications of individual rights for civil rights policy, and is currently writing a book on theories of social and cultural marginality. Recently, she has published articles on the significance of multiculturalism and Afrocentricism in education, the politics of victimization and the social and political impact of political correctness. Shortly after an interview in 2004 she was awarded tenure.
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Sunday, March 1, 2009

Putin's warning

At the recent World Economic Forum [Davos], Russian Prime Minister Vladimir Putin warned of our government’s flirtations with socialism, that is, a state-run economy. --Trying not to “gloat,” Putin told the U.S. that “Excessive intervention in economic activity and blind faith in the state’s omnipotence” is a “mistake.” He reminded listeners that state control of the old Soviet economy made the nation “totally uncompetitive.” --Putin then lectured us not to “turn a blind eye to the spirit of free enterprise.” Read more at This is Common Sense, "Ears Burning" by Paul Jacob... Read More......