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Capitalism and War

Capitalism and War

A capitalist country is not a pacifist, and neither is it an aggressor (initiator), but it will defend itself.

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Is immigration a right?

Is immigration a right?

There is no “right” to travel onto someone else’s property without permission of the owner — and by extension, no one has the “right” to enter a given nation.

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Ideological profiling of immigrants

Ideological profiling of immigrants

‘Ideological profiling’ to the extent that it is used should be severely delimited to searching out those who will commit violations of individual rights, and not as a blunt instrument to collectively ban peaceful individuals by group association.

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Economics

Economics

Economics is the science of production and trade under a division of labor (market) society.

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Economic Actor

Economic Actor

The economic actor — the entity that performs all economic decisions and actions — is the individual.

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Economic Value

Economic Value

The economic value of a good or service is what an individual would exchange for a given good or service.

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Production

Production

Production is the act of creating — shaping materials into values –– goods and services for future consumption.

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Wealth

Wealth

Wealth is a material good or service that has value to human life (that has economic value.)

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Division of Labor

Division of Labor

In a division of labor society, individuals create values for future trade as opposed to self-consumption.

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Trade

Trade

Trade is the act of voluntarily exchanging one value for another. (Theft is when the value is exchanged involuntarily).

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Prices

Prices

The price of a good or service are the values it is exchanged for.

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Money

Money

Money is an asset used in a division of labor society as a medium for indirect exchange.

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Free-market

Free-market

A free-market is a market free from the intiation of physical force, where all exchanges are voluntary.

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Business Enterprise

Business Enterprise

A business (enterprise) is an organization that creates products/services to sell on the market with the goal of making a profit for its owners.

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Capital

Capital

Capital is savings from production reinvested in an industry to produce wealth.

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Interest

Interest

Interest is the premium on a loan, that is added to the principal when the loan is due.

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Capitalism and Inflation

Capitalism and Inflation

Inflation is the general increase in prices caused by a government currency monopoly increasing (inflating) the money supply with fiat ‘money’ (money not backed by actual physical wealth).

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Capitalism and Depressions

Capitalism and Depressions

The economy crippling, nationwide cycles of “booms” followed by “busts” are the result of the only agency that has the power to act on a nationwide scale: the government.

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Corporations Under Capitalism

Corporations Under Capitalism

All the rights of a corporation are derived from those of its members; as such, an individual neither gains nor loses rights in their capacity as members of a corporation.

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Insider Trading in a Free Market

Insider Trading in a Free Market

In a free-market, investors choose the kinds of companies they want to invest in (rather than have the SEC choose for them): a company which allows insider trading, or a company that prohibits it, or a company somewhere in-between.

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Capitalism FAQ

Intellectually “chew” the ideas brought up in the tour by exploring the Capitalism FAQ (Frequently Asked Questions).

 

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