Tag Archives: labor

Why Socialism Fails and Always Will

4 Fundamental Design Defects of Socialism Antony P. Mueller The new “democratic socialists” want to make their followers believe that one could redistribute wealth and income and socialize a large part of the economy without harming production and productivity. They … Continue reading

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The Injustice of Just Price, Just Wages, Just Compensation, and Value Theory

Labor and Unequal Exchange By Timothy D. Terrell  [Recently] I attended a conference on Christianity and economics at Baylor University. I presented a paper of my own, on the necessity of the price system to environmental stewardship, but mostly I … Continue reading

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