Since the economic downturn of 2008, the critics of capitalism have redoubled their efforts to persuade the American people and many others around the world that the system of individual freedom and free enterprise has failed.
It hasn’t been a great year from the perspective of shrinking government. In fact, it’s been terrible. Really awful, pork-and-cronyism-filled programs are being refunded, renewed – and even resurrected.
In today’s edition of The Heartland Daily Podcast, Managing Editor of Environment & Climate News H. Sterling Burnett speaks with Lindsay Leveen. Leveen runs a groundbreaking, award-winning, news blog called Green Explored. Burnett and Leveen discuss Bloom Energy.
There is in Indiana (and elsewhere) no religious freedom “tension” with respect to their Religious Freedom Restoration Acts. There is only government dramatically overreaching. The Constitution mandates government make no law abridging the freedom of religion. The Constitution mandates government its own self treat everyone equally before the law. The Constitution does not empower the government to mandate that every individual treat every other individual equally.
The huge-er government gets – the greater its ability to deliver cronyism goodies. The bigger the wallet government has – the larger the regulatory hammer it wields – the more Crony Socialism it can dispense.
Americans’ rights and prosperity are being threatened by cronyism, Ayn Rand Institute’s Steven Simpson said last week during a symposium hosted by Heartland Institute in Chicago. “The issue is that government has too much power and has strayed far beyond its proper purpose of protecting rights,” Simpson declared.
The Financial Stability Oversight Council (FSOC), the unelected oversight group created by the Dodd-Frank Act to monitor and regulate firms deemed to pose systemic risk to the economy (ie. “too big too fail”), has decided begun to expand its remit beyond what even the law’s authors had imagined.
Suppose instead of making common cause with corporate titans and Washington technocrats to impose Common Core standards uniformly on education, philanthropist Bill Gates instead used his vast wealth to create his own brand of schools to compete in a vibrant educational marketplace.
President Obama, and his administration, has enacted so many foolish and cost-increasing energy policies, it is easy to think that they are his purview alone. But in 2007, Republicans were just as guilty. Seeds were planted and a garden of bad legislation took root in a totally different energy environment. At the time, the growth seemed like something worthy of cultivation. However, what sprouted up more closely resembles a weed that needs to be yanked out.
All over the world, advocates of the free market are looking askance at Pope Francis. Since succeeding Benedict XVI in 2013, Pope Francis has mounted a vocal challenge to what he sees as the now dominant global ideology of capitalism.
Global warming is not the reason why Chicago’s 1800s-era sewer system occasionally floods people’s basements, despite Washington Post propaganda to the contrary. Instead, the culprits are the age of Chicago’s sewer system and the city’s tremendous population growth since the 1800s.
Slowly but surely, Washington is waking up to the idea that the current surge in populism is not some flash in the pan, but a real and sustained trend in politics on the right and left. Distrust and frustration with an economic and political system that rewards, defends, and bails out the wealthy, powerful, and well-connected while leaving the middle and working class to get squeezed by stagnant wages and the higher costs of the basic staples of life, has made things which were once considered humdrum politics as usual suddenly controversial.
The state of Virginia has stepped up its attack on ride-sharing services Uber and Lyft. It’s just the latest example of crony capitalism and government favoritism toward the wealthy and powerful.
For every 100 mortgages being sold in the United States these days, at least 95 of them have government backing. We’re told America has a free-market economy? Not judging by the government’s involvement in housing, arguably the most important market there is. Most people can go years without needing health care. A healthy adult can go weeks without food. We cannot go one day without needing shelter.
Limiting the term of office served by elected politicians has been a controversial issue in the United States for many years. At one time the federal government had no term limits, with the president and Congress allowed to remain in office as long as they could get reelected. Today, the president is limited to two terms, but congressmen and senators are still free to run again and again. And they do.
For years we argued that the farming community should respect OUR right to be organic. Now we’ve switched to denying our neighbors THEIR rights. And that goes against everything it has ever meant to be organic.
Common Core is appropriately named. It is indeed “common”, and not the exceptional education system its promoters promised. Digging into its core we find problems with its design, philosophy, tactics by which it was implemented, and specific ideology which is liberally peppered throughout the various subjects.