Posts Tagged producers
“The only one with the power to create presents out of thin air is Santa himself.”
Or, if you prefer an even more sobering realization, there’s always the Creator himself.
Check out this new video from the brilliant folks at EconStories.tv:
From the EconStories.tv website:
Recovery and growth in the classical and Austrian view is driven by restructuring production so that entrepreneurs discover again the best — i.e. the most valuable and sustainable — ways to serve customers. That process is lead by new entrepreneurs and driven by savers who make capital available to fund new investments and new ventures. Sustainable saving and investment means creating more value for others while using fewer resources. This process lies at the core of healthy economic growth, including better job opportunities and Read the rest of this entry »
In a recent post at Ethika Politika, I address some of the issues surrounding consumerism and charity, pointing out that one just might be a driver of the other.
Here’s an excerpt:
We like to call it “consumer culture” (most often with an “evil” at the beginning). People are standing in lines for petty products, spending money they don’t have, and passing out extensive wish lists and catalogs to friends and family. On the surface, it appears to be a spectacle of shallowness and shortsightedness. Buy, buy, buy! Sell, sell, sell! It’s all so terrible, isn’t it?
For some, it most certainly is, but for most of us, consumerism isn’t so much a sign of our materialism as it is a representation that we rely on things for survival and pleasure. In this understanding, it would seem that our consumer culture isn’t such a bad thing at all, particularly around Christmastime, when much of our buying is concerned with the interests of others. Through this lens, is there anything healthy to be found in the bustling consumeristic spirit of the holidays?
To read the full post, click here.
The video highlights the Manakintowne Specialty Growers, a family-owned farm that grows fresh herbs and greens for restaurants and markets throughout Virginia.
You can watch the video here:
Communist leaders were infamous for their dreams of utilizing the State to create wondrous agrarian paradises, but while such grandiose visions may look quaint and picturesque on a propaganda poster, not everyone loves to grow stuff. One thing that’s obvious from watching this video is that free enterprise reserves the farming for the farmers, and it’s fun to see their passion.
Also, many critics of free enterprise point much of their criticism toward big businesses, forgetting that every business starts Read the rest of this entry »