Source: Foundation for Econommic Education
by Alex Tokarev & Kristin Tokarev
“On October 12, 1960, Soviet Premier Nikita Khrushchev pounded his shoe on the podium during a speech at the United Nations General Assembly, yelling at the capitalist countries: ‘We [the socialists] will bury you!’ Within 30 years, socialism, not capitalism, was dead and buried in Eastern Europe. The USSR disappeared from the maps. Why was the Russian leader so confident in the victory of Marxism? Why was his prediction so wrong? The answer lies in the nature of socialism as a way to organize production and exchange. Capitalism relies on entrepreneurial profit-seeking and market price signals. Socialism relies on benevolent controls and the wisdom of experts.” (09/17/26)
“Nearly 60 Democratic members of Congress signed a letter to sound an alarm: black Americans are being found hanging, including some from trees, in a wave of possible ‘modern-day lynchings’. Their letter to the Justice Department and FBI stated, ‘The series of deaths raise significant suspicion of foul play given the role of lynching in our nation’s history’. Democrat Rep. Ayanna Pressley (MA-7) called it a ‘national crisis’. Democrat Rep. Alexandria Ocasio-Cortez (NY-14), who signed the letter, tweeted about ‘widespread modern-day lynchings’ and ‘racial terror’. Every suspicious death deserves investigation. But history is not evidence. What are the facts?” (09/17/26)
“The United Kingdom criminalized support for the direct action network, Palestine Action, at a minute after midnight, Saturday July 5, 2025. Hours later, Pink Floyd star Roger Waters shared a video clip to his Facebook page of him writing on a piece of cardboard, the words: ‘I support Palestine Action …’ Waters then declared ‘I am Spartacus,’ – invoking George Monbiot’s take on the ban from a week before. The day after, UK Lawyers for Israel (UKLFI) reported him to British Counter-Terrorism Police for ‘expressing support for the newly proscribed Palestine Action.’ Around the same time the Campaign Against Antisemitism (CAA) threatened to file a private prosecution if the authorities did not take action. But since that day, nothing has happened to Waters. No charge. No case against him. Over a year has gone by now, and still – no charge filed. The Filton Four are appealing their sentences.” (09/17/26)
“Rainer Zitelmann’s ‘Space Capitalism’ argues that property rights and free markets — not government control — will determine whether humanity’s next great frontier becomes a thriving commercial enterprise.” (09/17/26)
“In May 2024, a New York City jury convicted Republican presidential candidate Donald Trump of 34 felonies of falsifying business records with an intent to defraud, including an intent to ‘commit, aid, or conceal another crime’. Days earlier, Justice Juan Merchan had convened counsel for a pre-charge conference to discuss their recommendations for jury instructions. There, Trump’s defense team, led by Todd Blanche, failed to propose a key legal requirement for what the prosecution called the ‘most obvious’ other crime: conspiracy to promote an election through the ‘unlawful means’ of violating Federal Election Campaign Act contribution limits. Under reigning federal precedents, there could be no criminal violation of FECA unless the conduct was ‘willful’ (defined as ‘knowing it was unlawful’). Yet the defense put forth the term ‘willfully’ without saying what it meant!” (09/17/26)
“As is usual when someone details the vileness of slavery we get the claim that, well, it financed the current richness of the world: ‘That complicity helped shape modern Britain, Lester said. Plantation profits helped fuel the Industrial Revolution, railways, public health, welfare, universities, schools, church building and the public finances.’ Therefore everyone who benefits from the current richness of the world must cough up trillions to compensate. We do not agree with the base claim, obviously. Everywhere had slavery and only the one place had that first Industrial Revolution. It’s therefore not slavery that was the special spark that triggered the IR: QED. But, OK, let us accept the point in order to be able to explore it. Slavery did lead to the richness of the modern world. That means that anyone in this modern world benefitted from slavery.” (09/17/26)
