From capitalism.org <[email protected]>
Subject Capitalism News - 01/27/2020
Date January 27, 2020 6:01 PM
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Newsletter for Capitalism Magazine



** THOUGHT FOR THE DAY
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"The basic principle of altruism is that man has no right to exist for his own sake, that service to others is the only justification of his existence, and that self-sacrifice is his highest moral duty, virtue and value."

"Do not confuse altruism with kindness, good will or respect for the rights of others. These are not primaries, but consequences, which, in fact, altruism makes impossible. The irreducible primary of altruism, the basic absolute, is self-sacrifice—which means; self-immolation, self-abnegation, self-denial, self-destruction—which means: the self as a standard of evil, the selfless as a standard of the good."

"Do not hide behind such superficialities as whether you should or should not give a dime to a beggar. That is not the issue. The issue is whether you do or do not have the right to exist without giving him that dime. The issue is whether you must keep buying your life, dime by dime, from any beggar who might choose to approach you. The issue is whether the need of others is the first mortgage on your life and the moral purpose of your existence. The issue is whether man is to be regarded as a sacrificial animal. Any man of self-esteem will answer: 'No.' Altruism says: 'Yes.' "

AYN RAND
Faith and Force: The Destroyers of the Modern World




** Why We Need Heroes ([link removed])
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By Andrew Bernstein

Flourishing human life requires heroes.




** The Joy of Football: The Super Bowl Offers a Too-Rare Celebration of Goal-Achievement ([link removed])
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By Thomas A. Bowden

The essential value of spectator sports lies in their capacity to illustrate, in a dramatic way, the process of human goal-achievement.




** “Sustainable” Finance ([link removed])
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By Jaana Woiceshyn

Sustainable finance as imposed through government regulation harms human flourishing by violating the investors’ freedom to choose.




** The Purpose of Flying A Nearly Empty Plane ([link removed])
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By Joakim Book

An efficiency-minded environmentalist could object that this trip shouldn’t be made, a Marxist-leaning commentator that this was an example of the horrible waste and misallocation of the capitalist system.




** Diversity and Inclusion Insanity ([link removed])
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By Walter Williams

"There are some ideas so absurd that only an intellectual could believe them."




** Capitalism, Market Competition and Netflix ([link removed])
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By John Stossel

Blockbuster's demise began when it charged a man named Reed Hastings $40 in late fees. That annoyed him so much, he started a subscription-based, mail-order movie rental company he called Netflix.



[link removed] AVAILABLE FOR PRE-ORDER

Heroes, Legends, Champions: Why Heroism Matters ([link removed])
What heroes are and why mankind needs them.

A provocative first step toward understanding the nature of heroes, one that will hopefully spark a lively 21st-century debate of this important subject. Order on Amazon ([link removed]) .

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Capitalism Visual Tour ([link removed])
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Discover the foundations of capitalism by taking the Capitalism Tour ([link removed]) . ([link removed])


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