Economists Have Admitted a Mistake That Could Change How We View Capitalism
The “elephant chart.” It has been used since 2012 to explain how capitalism causes income inequality, which in turn has been a top political issue, picked apart, dramatized and demonized by social justice warriors for years. It turns out that that chart was wrong, and economists are back to square one in explaining income equality. Economist Branko....
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Peter Schiff has never hidden his distaste for Bitcoin, but his latest comment on X has added a new twist to his long-running feud with the cryptocurrency. The economist, known globally as one of BTC’s most persistent skeptics, admitted that he made a major mistake when he first encountered it more than a decade ago. […]
Capitalism is an often cited scapegoat for the issues of the economy, but it is quite misunderstood in relation to democracy.
Bitcoiners neither attack nor defend capitalism, but question its premises and do their best to clarify the system we’re currently living in.
Klaus Schwab’s yearly conference in Davos, Switzerland, is a way to parade attempts to make capitalism more socialist through “shareholder capitalism.”
The problems of today are constantly criticized under the label of capitalism, but fiat money has warped free market interactions.