Where the closed shop unions hold sway, companies cannot compete. Their market share falls and they ultimately go bankrupt. The only way that coercive unions can maintain any given share of the labor force is by finding new victims to replace the ones they have sucked dry.
Acts of dishonesty and fraud have no more essential connection to business activity than they do to the practice of medicine or the performance of music or to any of the arts or sciences.
Labor’s opposition to productivity improvements goes back at least to the early nineteenth-century Luddites.
Just as they’ve blurred the distinction between legal tax avoidance and illegal tax evasion, OECD officials have tried to blur the distinction between money-laundering and tax havens — even though the latter involves moving illegally-gained money above-ground, from the “underground economy” while tax avoidance involves legally moving legally-made money to jurisdictions with the lowest tax rates.
"There is no capitalism without conscience. There is no wealth without character," President Bush told Wall Street yesterday. True. But if business owners are not smart enough to see that it's in their own economic self-interest to be honest with their employees and...
Many Objectivists read the book American Steel about Ken Iverson's amazing corporate leadership in developing new technology for steel producers when Big Steel was floundering under old ideas and crippling unions. Dr. Edwin Locke also made many mentions of him, as...
The attacks against deregulation of the California power industry by the enemies of capitalism are attacks against a straw man. Deregulation means that government removes onerous regulations that violate the rights of producers and consumers to trade freely (markets...
Strikers must, however, recognize that employers possess options as well. An employer may refuse the pay hike, lock the workers out, and/or seek replacement workers.
Microsoft did not gain its market share by having the government outlaw its competitors: Microsoft earned its position in the free-market as the result of freedom of competition. Microsoft is not a predator; Microsoft is the victim.
The grassroots petition ended up receiving over 30,000 online signatures as part of an initiative launched by Mark Da Cunha for the Moral Defense of Microsoft.
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