Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Investing

Capitalism—The Best System on (and for) Earth

by April 22, 2024
April 22, 2024
Capitalism—The Best System on (and for) Earth

Johan Norberg

Today is Earth Day, an important moment to reflect on our broader responsibilities to the world. How are we really treating the planet and each other?

Very well, thank you.

At least relative to every other period in history and compared to less free societies. I make this case in a new Cato video based on my book The Capitalist Manifesto.

Despite all the horrors of the world, this is the era in history when we have been most successful in increasing human opportunity. In the past 20 years, global extreme poverty was reduced by more than 130,000 people every day and annual child mortality was reduced by more than four million lives. At the same time, we have solved many environmental problems and the richest and freest countries are also reducing their CO2 emission.

Free market capitalism creates growth and innovation because it allows everyone to look for the places where the potential for it might be hiding. And since it relies on the vantage points and creativity of millions instead of a few people at the top, it is our best chance to find ways of adapting to and innovating our way out of unexpected crises, whether it is a pandemic, a war‐​induced shortage or an environmental threat. As I explain in the video, this is why government intervention has such a long and disappointing track record.

So take this day to reflect on the achievements of this remarkable system of limited government and free markets—the best system on earth.

0
FacebookTwitterGoogle +Pinterest
previous post
Equities Struggle in Strong “NoGo” as Materials try to Curb the Damage
next post
DP TRADING ROOM: Find Shorts Using the Diamond Dog Scan

You may also like

Paul Krugman and the “Ersatz” Theory of Private...

July 29, 2022

Digital Currency or Digital Control Is Out Now!

June 18, 2024

Libertarian Consistency

September 3, 2024

Cato FOIA Win: Justice Department Inspector General Releases...

March 12, 2025

Federal Debt vs. State Debt

October 26, 2023

Did Tax Cuts Cause Rising Deficits?

July 5, 2023

The U.S. Economy Has Been Indeterminate Since the...

August 1, 2023

The Cognitive Shift: How the Terrorist Label May...

March 20, 2025

2026 Tax Increases in One Chart

December 12, 2023

The Executive Order on Accreditation in Higher Education...

April 24, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump warns Rand Paul he’s playing into ‘hands of the Democrats’ with ‘Big, Beautiful Bill’ opposition

      June 1, 2025
    • White House urges Iran to accept nuclear deal as IAEA reports uranium enrichment spike

      June 1, 2025
    • Israel hostage deal in doubt as Hamas adds demands, US envoy calls terms ‘unacceptable’

      May 31, 2025
    • Iran condemns Austria over report on advanced nuclear weapons program

      May 31, 2025
    • Michelle Obama facing backlash over claim about women’s reproductive health

      May 31, 2025
    • Hamas agrees to release 10 more hostages

      May 31, 2025

    Categories

    • Business (8,105)
    • Investing (2,000)
    • Politics (15,453)
    • Stocks (3,119)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved