Alexandria Ocasio-Cortez Keeps Proving Why Socialism Doesn’t Work
Ocasio-Cortez can complain about capitalism all she wants, but until she is willing to give up her Uber rides, it is unlikely that she will be taken seriously.
Brittany Hunter is an established writer who contributes to many top Libertarian and Austrian Economics publications. She studied political science with an emphasis in Constitutional studies at Utah Valley University and is currently working toward law school.
In addition to her work for Center for Individualism, Brittany is also an editor at Foundation for Economic Education and contributor for Mises Institute.
Ocasio-Cortez can complain about capitalism all she wants, but until she is willing to give up her Uber rides, it is unlikely that she will be taken seriously.
Prior to the South Dakota v. Wayfair, Inc. ruling, states were prohibited from collecting taxes from companies that did not have a physical location therein. This new ruling overturns the 1992 case of Quill Corp. v. North Dakota, which, in the earlier days of the internet, had protected online retailers without physical brick and mortar establishments. But all this has changed now.
It seems like the real problem here is that Amazon success has made many progressives feel as if they are entitled to some of its profits.
Riverton, Utah just became the first city to abolish all fees associated with obtaining a business license.
It doesn’t matter if you are an artist, a judge, or a cashier. What really matters is that you pour your heart into your work and do the best possible job that you can.
If we wish for those in developing countries to be elevated out of poverty, the answer is a resounding no, banning sweatshops would not benefit workers. It would, however, perpetuate the cycle of poverty.
While both schooling and increased job competition with immigrants both played negligible roles, the latter playing a slightly bigger role than the former, the main culprit was the minimum wage.
More and more the value of a college degree is dwindling. And this is a good thing. Recently, Apple announced that it will join 14 other major employers in dropping the college degree requirement for job applicants.
Trade wars are nasty games where nobody wins and everybody loses. Trump should put a stop to this before more entrepreneurs, consumers, and charities suffer needlessly.
It is likely that China will not be the only government to take such extreme measures against crypto-related activities, but just because we receive pushback from the powers that be does not mean we should abandon our quest altogether.
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