The world’s political systems today are, generally, neither fully despotic on the one hand nor completely free on the other.
Whenever there is the appearance of some headline berating large corporations for arranging their affairs so as to pay as little tax as possible on profits earned in the UK, the indignation from the general public seems to centre on the belief tha
The exchange of offensive diplomatic notes and statements, mutual expulsions of diplomats point to objective long-term problems in relations between Russia and Greece.
It is often trumpeted as a virtue that “civilised”, social democratic countries offer their citizens one or more types of “social safety net” in an attempt to eliminate the most dire effects of, say, unemployment, illness or some other kind of inc
While it is wonderful that liberty brings with it heightened economic progress in the form of material increases in the standard of living, libertarians recognise that these ends do not justify the means. For example, if it could be demonstrated that murdering red heads would add a few percentage points to GDP we would still regard such acts as evil; the ability of everyone else to buy a few more pairs of shoes would do nothing to change this fact. Therefore, while leaps and bounds in the standard of living certainly add moral weight to the case for a free society they fail to add moral decisiveness.
During the talks that ended on Wednesday, US President Donald Trump and the head of the European Commission, Jean-Claude Juncker in Washington, the parties decided to postpone the large-scale trade war and try to negotiate to remove mutual claims
The myth that capitalism is exploitative – or rather, that capitalists and entrepreneurs are responsible for the exploitation of both workers and consumers – is almost as old as the history of this political-economic system itself, having been a p