Newsletter for Capitalism Magazine, Capitalism Review and Capitalism.org
THOUGHT FOR THE DAY
"Censorship, in its old-fashioned meaning, is a government edict that forbids the discussion of some specific subjects or ideas—such, for instance, as sex, religion or criticism of government officials—an edict enforced by the government’s scrutiny of all forms of communication prior to their public release. But for stifling the freedom of men’s minds the modern method is much more potent; it rests on the power of nonobjective law; it neither forbids nor permits anything; it never defines or specifies; it merely delivers men’s lives, fortunes, careers, ambitions into the arbitrary power of a bureaucrat who can reward or punish at whim. It spares the bureaucrat the troublesome necessity of committing himself to rigid rules—and it places upon the victims the burden of discovering how to please him, with a fluid unknowable as their only guide."
"No, a federal commissioner may never utter a single word for or against any program. But what do you suppose will happen if and when, with or without his knowledge, a third-assistant or a second cousin or just a nameless friend from Washington whispers to a television executive that the commissioner does not like producer X or does not approve of writer Y or takes a great interest in the career of starlet Z or is anxious to advance the cause of the United Nations?"
AYN RAND The Objectivist Newsletter
March 1962
CAPITALISM MAGAZINE
“National Conservatism” Betrays America’s Founding Ideals By Elan Journo
“National conservatism” seeks to subjugate the “I” to the authority of the “we.” The emergence of “national conservatism” is an ominous trend for American political life. Its advocates often stress the themes of patriotism and love of country and even political freedom. But the substance of their views is a betrayal of America’s founding ideals.
Socialism-in-Practice Was a Nightmare, Not Utopia By Richard M. Ebeling
Listening to some in American academia and on social media, you would think that socialism was a bright, new, and shiny idea never tried before that promises a beautiful future of peace, love, and bountifulness for all. It is as if a hundred years of socialism-in-practice in a large number of countries around the world had never happened.