Has Capitalism Failed

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Has Capitalism Failed Page 10

by Robert Villegas


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  [1] Economic Policy Thoughts for Today and Tomorrow, Ludwig von Mises, Gateway Editions, Chicago Pages 5 - 6

  [2] Ignoring the fact that most past systems promised the same thing.

  [3] Economic Policy Thoughts for Today and Tomorrow by Ludwig von Mises, Gateway Editions, Page 10

  [4] Economic Policy Thoughts for Today and Tomorrow, Ludwig von Mises, Gateway Editions, Chicago Page 3

  [5]“As each of us can only purchase the productions of others with his own productions – as the value we can buy is equal to the value we can produce, the more men can produce, the more they will purchase.”

  [6] See Fiat Money Inflation in France by Andrew Dickson White

  [7] Economic Policy – Thoughts for Today and Tomorrow by Ludwig von Mises, Softcover, Gateway Editions, Foreign Investment, Page 77

  [8] Economic Policy Thoughts for Today and Tomorrow by Ludwig von Mises, Gateway Editions, Page 11

  [9] Ibid Page 14

  [10] Economic Policy – Thoughts for Today and Tomorrow by Ludwig von Mises, Gateway Editions, Softcover Pages 32-33

  [11] A Treatise on Political Economy (Traité d'économie politique) Page 138

  [12] Ibid Page 3

  [13] Capitalism: the System of the Mind, lecture course by Andrew Bernstein. ARI (Ayn Rand Institute)

  [14] Fiat Money Inflation In France, Andrew Dickson White, Pamphleteers 1945 - A paper read before a meeting of Senators and Members of the House of Representatives of both political parties, at Washington, April 12, 1876 and revised and extended in 1914.

  [15] Ibid

  [16] http://amzn.to/23tBUeX

  [17] http://amzn.to/293TqBi

  [18] http://amzn.to/29eJrNp

  [19] http://amzn.to/29bYsiy

  [20] Economics in One Lesson, Henry Hazlitt, Three Rivers Press

  [21]http://www.econlib.org/library/Enc/bios/Turgot.html

  [22] [1] “The Roots of ACORN

  From a comprehensive and thoroughly researched piece by Stanley Kurtz in the National Review titled, Inside Obama's ACORN, we come to understand that ACORN has its roots in the anti-capitalist tenets of the 1960s radical left group the National Welfare Rights Organization. This groups' goal was to force a radical reconstruction of what they described as "America's unjust capitalist economy" by forcing the elimination of eligibility restrictions for those trying to attain inclusion on the welfare roles, thus creating an overloaded system, a crisis, so as to affect that reconstruction.

  Over the years, ACORN morphed its mission into one that champions a diverse set of objectives, all with an overriding goal seated in the tenets of anti-capitalism and the destruction of the US economy. The group targets privately owned companies in their pursuit of unreasonably crafted municipal living wage laws that have literally driven said companies from the areas where jobs are needed. They continue their campaign to eliminate welfare role eligibility restrictions as they crusade to roll back welfare reform. And, in an area directly related to our subject, they actively employ coercive tactics to manipulate financial institutions into abandoning best business practice by affording low-interest loans to unqualified borrowers.” From http://www.rightsidenews.com/200810102189/culture-wars/obama-acorn-and-their-starring-role-in-the-mortgage-crisis.html

  [23] Economics in One Lesson

  [24] The Poetics, 13

  [25] http://useconomy.about.com/od/fiscalpolicy/p/Hillary_Economy.htm

  [26] http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html

  [27] Pelagianism is the belief that original sin did not taint human nature and that mortal will is still capable of choosing good or evil without special divine aid. Source: Wikipedia

  [28] A dualistic religious system with Christian, Gnostic, and pagan elements, founded in Persia in the 3rd century by Manes (c. 216–c. 276). The system was based on a supposed primeval conflict between light and darkness. It spread widely in the Roman Empire and in Asia, and survived in eastern Turkestan (Xinjiang) until the 13th century. Source: Oxford Dictionary

  [29] Capitalism: the System of the Mind, lecture course by Andrew Bernstein. ARI (Ayn Rand Institute)

  [30] Occupy Wall Street

 

 

 


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