The London Olympics: Capitalism in Action

by Kevin Carson

In a recent article for Reason, Ira Stoll praised the 2012 Olympics — not only in the body but the title itself — as a “Triumph of Capitalism” (July 23, 2012). He’s entirely correct — but not for the reason he thinks. Continue reading

Modern England: A Nation of Sheep

I listened to an item on this morning’s Today Programme (BBC Radio 4, 3rd July 2012, c.8:35am) about a man who was “victimised” by a loan shark. Apparently, he borrowed £250 when he was 17 to buy a car. He was then fraudulently squeezed by his lender to pay back a total of £90,000. There was a long interview with the “victim,” in which he behaved and was treated as if he’d been robbed at gunpoint. There was much rejoicing at the news that the lender had been sent to prison – moderated only by disappointment that the “victim” would not be able to claim back his repayments from the taxpayers. Continue reading

Did Marx Really Say This?

by Sean Gabb

In the past few days, I’ve had this alleged quote from Kark Marx sent to me about a dozen times:

“Owners  of capital will stimulate the working class to buy more and more of expensive goods, houses and technology,  pushing them to take more and more expensive  credits, until their debt becomes unbearable. The unpaid  debt will lead to bankruptcy of banks, which will have  to be nationalised, and the State will have to take  the road which will eventually lead to communism.”

It’s followed by the alleged attribution: “Karl  Marx, Das Kapital,  1867” Continue reading

The final end of Scottish Toryism

by D.J. Webb

Oh dear! That sigh of deflated resignation is my response to the news that the new “leader” of the Scottish conservatives is a 32-year-old lesbian kickboxer and former member of the Territorial Army. Lesbians do not match my mind’s eye of what women ought to be: homemakers, carers, demure supporters of their husbands. Leaving aside the questions of whether it is right for people as young as 32 to be aspiring to lead countries; whether women should do kickboxing, or behave in a ladylike fashion (carpet-munchers preferably included); and whether women should join the TA, I am left with a sense of contempt for a party whose desperation to gain a few seats in the Scottish Parliament is such that it selects its leaders, not on the basis of ability, but in order to strike “modernizing” poses. Continue reading

Kicking Anti-Racism out of Football

by D.J. Webb

I would like to kick anti-racism out of football – this political cause has nothing to do with the sport. The astronomical salaries the footballers get must surely soothe their feelings if they are ever insulted. Why should FIFA set out to prevent every single footballer from insult? I totally agreed with Sepp Blatter’s comments, but was appalled by his subsequent apology.