For the better part of a century, the Left has been waging a methodical – and largely successful – war to control American institutions.
Our universities, K-12 education, the news media, Hollywood, federal government bureaucracies … to name just a few … have all fallen victim to what the Left calls their “long march.”
During most of that time American business and the military escaped infiltration and indoctrination.
But now this has begun to change – and dramatically.
For years, major American corporations have been drifting to the political Left.
Now that drift seems more like a tidal wave. Companies like Coca Cola, Delta Airlines … and even Major League Baseball have, for example, condemned Georgia’s legislature’s effort to protect free and fair elections.
And increasingly the very top echelons of many big corporations – the C Suites and the boards of directors – are filled with people on the left promoting a “woke” agenda.
On this episode, I’m talking with Yaron Brook, Chair of the Ayn Rand Institute, in a wide-ranging conversation that launches into the case for why the profit motive is a good thing. Capitalism gets a bad rap in the media and pop culture, but should business be epitomized by Gordon Gecko or Steve Jobs? Was the 2008 financial crisis caused by greedy Wall Streeters or by wrongheaded government policies?
Economics as a discipline suffers from “physics envy” when it tries and fails to build mathematical models of the economy and society. Instead, it should be studying human behavior and focus on the intersection of health, morality, philosophy, wealth creation and how to bring people out of poverty, Jay Richards says on The Bill Walton Show.
We know from history and evidence all around us, which economic system works, and which one makes people the happiest. It’s the economic system of free enterprise. But is it the most moral? Bill Walton explores the question with Jay Richards, author of the newly reissued book “Money, Greed and God.”
If the Fed brought home a report card reflecting its performance since its creation in 1914, its parents would not be pleased. Its record for stability is among the worst in the developed world, and it has done little to fix the problems it was invented to address.
“The economy of Venezuela has collapsed as a result of gross socialist mismanagement. Their currency is essentially worthless. To start over, the next government of Venezuela must re-establish the rule of law, protect private property rights and create a new currency.” So writes Richard Rahn, one of America’s most brilliant economists.
People look to the government to prevent future financial crises and too many trust that politicians and economic experts can create policies to protect us and our 401(k) plans. We shouldn’t rely on them. These experts are smart, mostly well-intentioned people but they can’t prevent the next crisis. No one can. Why is that? And why is a future crisis inevitable? I discuss these and many other questions with “Finance and Philosophy” author Alex Pollock.
My guest, Dr. Anne Rathbone Bradley, the free market economist and moral philosopher, wants to sit down with Bernie Sanders over a cup of coffee to talk about how to achieve the goals he proclaims. There’s a right way and a wrong way, and he’s not going to get there the way he’s going.
This will go down in history as the episode of the Bill Walton Show where John Tamny referred to views I presented as utter nonsense and I called his naïve.