If One Wishes to Discredit Capitalism, One Should at Least Understand How It Works

2024-01-18

"Truth is treason in an empire of lies." – George Orwell
The State is tightening its stranglehold on its own narrative as its web of lies unravels. The government’s lapdogs in the news media continue to bark and howl on TV even though a majority of American households have cut the cord. And of course, nothing resembling the truth can be heard in the softball press conferences at the White House and the Federal Reserve.
Newspapers, both online and in print, are flailing about with clickbait headlines, and any substance beneath the headline usually just trots out a sanitized narrative for a declining readership. Social media platforms, with rare exceptions, have been more than willing to quash stories and ban users for political purposes.
And don’t get us started on the septic tank known as

2024-01-17

As the 2024 general election gets closer, Democrats and proestablishment pundits are growing frustrated with the American public for not feeling as good about the economy as the so-called experts say they should. The elitism of this view aside, it is true that traditional economic indicators are pretty good and that, at the same time, people aren’t feeling good about the economy.
Center-left economists have been locked in a debate over whether people are lying to pollsters about experiencing hardship in what is actually an excellent economy or are struggling due to mysterious noneconomic factors.
Others, like Paul Krugman, have decided to blame Donald Trump and his supporters—framing the widespread economic pessimism as a MAGA ploy to win back the White House—a theory Jonathan Newman