Jim Berger
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Socialists have one big weapon they want to use to correct many of the economic ills that they see. They want to use taxes as a way to redistribute money from billionaires to those they see as
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Yesterday I argued that, in a free-market, entrepreneurs become billionaires by giving three groups of people what they prefer over what they have to give up. 1) Investors get an ownership share in a
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Bashing billionaires seems to have become quite popular these days. Most of the current Democrat candidates attack billionaires in one way of the other. Led by Bernie Sanders and followed by the rest
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I continue my comments about “wage slavery” by addressing a common complaint from socialists about working conditions. The advocates of socialism claim that workers should have more control over
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Advocates of socialism frequently claim that employers hold workers in wage slavery. They believe that “corporate” bosses force them to work in unbearable conditions at jobs they cannot quit.
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During a recent town hall sponsored by CNN, Presidential candidate Bernie Sanders made the following statements and asked the following questions: “We’re very opposed to the authoritarian nature
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The Socialist Security Pyramid I began my description of Social Security as an example of a socialist program. It fits nicely into the Marxist mantra, “From each according to his ability, to each
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The beauty of this Socialist Security scheme (scam) is that the government has been able to pull it off for so many years. Most people don’t actually know how it works. Earlier, I asked you to take
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We all like benefits but look at the intervention required to provide those benefits. If you believe that intervention only applies to other people (i.e., rich people), let’s examine that
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Before I continue with my assessments of socialism and capitalism, I must return to a subject that I will touch on many times on this blog: the source and measure of value. For an economic system to