Capitalism

JPMorgan Chase CEO Jamie Dimon thinks President Donald Trump deserves “some” credit for the strong economy and that tax reform needed to happen, even though his “liberal New York friends would never agree.” On Yahoo Finance’s Influencers with Andy Serwer on June 27, Dimon applauded Trump’s pro-business economic agenda, especially tax cuts and deregulation. 

Left-wing Guardian columnist George Monbiot is often unhinged on climate issues. Now he’s blasted Royal Dutch Shell for extracting oil and gas that “will destroy our lives” and calling it a “planetary death machine.” Of course, his oil is evil attitude ignored all that the form of energy did to enable modern civilization’s existence and improve human life. 

Washington Post economic editorial writer Charles Lane called out proponents of socialism citing Nordic countries as a “model” for the kind of socialism they want to see replicated by America. Because, while they are “success stories,” they aren’t really the socialist utopias claimed by liberal presidential candidates like Sen. Bernie Sanders, (I-VT). Democratic socialist Rep. Alexandria Ocasio-…

President Donald Trump infuriated the left again on June 19, when he awarded supply-side economist Arthur Laffer the Presidential Medal of Freedom. The left’s reaction was predictably vicious. An MSNBC analyst called Laffer one of the most “destructive forces” in economics since Herbert Hoover. New York Magazine writer Jonathan Chait minced no words about his anger over Laffer’s award ceremony,…

One of the left’s favorite economic talking points is an obsession with income and “wealth inequality.” In keeping with that trend, CNBC editor-at-large John Harwood offered five approaches to “fight” wealth inequality for the “economically helpless” on June 19. Most of those five proposals were liberal solutions including suggestions for taxing those at the top, imposing a higher minimum wage…

Former Mayor Michael Bloomberg reannounced a $500-million effort to eradicate coal and natural gas use in the U.S. on June 6. ABC, CBS and NBC news didn’t even flinch. That night the three broadcast evening shows made no time for the billionaire media mogul’s massive spending to shut down the rest of the nation’s coal plants by 2030 and start targeting natural gas plants. They also haven’t…

Shark Tank star Kevin O’Leary and CEO Gerald Storch brought a free market reality check to Democratic socialist Sen. Bernie Sanders’ (I-VT) arguments for a $15 minimum wage on CNBC’s Squawk Box June 6. Sanders went to Arkansas to attack Walmart over wages and demanded at its annual shareholders meeting that it raise wages even more on June 5. O’Leary and Storch both opposed a wage mandate, saying…

For more than a generation, James Carville's campaign maxim, "It's the economy, stupid," has been held up as an essential truth of American politics. There's no denying that a strong economy is an incumbent president's best friend. Seventy-three percent of voters currently rate the economy as a very important issue. As a result, if the economy remains strong for another 1 1/2 years, many analysts…

On Wednesday morning, MSNBC again displayed why the stridently liberal news network has a reputation for taking in conservatives as contributors and then inspiring them to deliver commentary that sounds like it comes from the left. Right-leaning contributor George Will actually hit Republicans from the left on the issue of immigration as he and host Stephanie Ruhle conflated legal and illegal…

It is becoming likely that a controversial star-spangled banner in North Carolina will continue to wave over Gander RV in Statesville. The city said that its leaders will consider amending an ordinance regulating the size of flags flying in a highway business zone, according to WSOC TV. Gander RV and Camping World CEO Marcus Lemonis steadfastly refused to comply with city orders to take the flag…

Getting rid of tariffs altogether turned out to be the common ground between Fox Business Network anchor Trish Regan and Chinese television journalist Liu Xin. Regan welcomed Xin, host of CGTN’s The Point with Liu Xin, to discuss the Chinese economy, intellectual property theft and trade tensions between the U.S. and China on Trish Regan Primetime May 29. Although they didn’t agree on everything…

The New York Times continued the left’s efforts to pit the haves against the have-nots with a business section cover story complaining about CEO pay.

Every year, Memorial Day reminds us of the strength and honor of the men and women who lost their lives in battle. That attitude clearly influenced Camping World CEO Marcus Lemonis’ thoughts as he vowed earlier this week to never let the American flag come down under his watch amid his current legal battle. 

Good news for the underdwellers in our apocalyptic capitalist reality; the socialist revolution will be televised! The new streaming platform Means TV aims to launch soon, providing anti-capitalist propaganda to true believers in the trenches, looking to inspire hope as they toil in this free-market hellscape. Should we point out the irony that these worker party broadcasts will sit behind a…