Displaying posts tagged with

“exchange”

Political Production vs. Economic Production

It is often said that government represents the collective ability of society to come together and legislate for the “public good.” What exactly the “public good” represents is rarely agreed upon by the two dominant political parties, but they both generally agree that it is the role of government to meddle in society in one [...]

Who Are the True Exploiters?

Was it the “free market” that exploited Japanese Americans in World War II? Was it “capitalism” that drafted thousands of young men to be sent off to Vietnam, with many to return in body bags? Is it the free market that implements mandatory wage and price controls, takes a third of each American’s income, and [...]

Avatar and the Principles of Libertarianism

James Cameron’s Avatar has shaken the entertainment industry in the past couple months, raking in more than $2.3 billion so far in the box office worldwide. I first saw the film in January and was blown away by the incredible visuals, a detailed exploration of the Na’vi culture, and what I thought was a masterfully [...]