Showing posts with label #250YEARS. Show all posts
Showing posts with label #250YEARS. Show all posts

Wednesday, 1 July 2026

#250 YEARS: "America’s abundance was not created by public sacrifices to 'the common good,' but by the productive genius of free men"

"America’s abundance was not created by public sacrifices to 'the common good,' but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes. They did not starve the people to pay for America’s industrialisation. They gave the people better jobs, higher wages, and cheaper goods with every new machine they invented, with every scientific discovery or technological advance — and thus the whole country was moving forward and profiting, not suffering, every step of the way."
~ Ayn Rand from her essay 'Theory and Practice,' collected in her book Capitalism: The Unknown Ideal

Thursday, 18 June 2026

#250YEARS: "A country of money..."

"To the glory of mankind, there was, for the first and only time in history, a country of money — and I have no higher, more reverent tribute to pay to America, for this means: a country of reason, justice, freedom, production, achievement. For the first time, man’s mind and money were set free, and there were no fortunes-by-conquest, but only fortunes-by-work, and instead of swordsmen and slaves, there appeared the real maker of wealth, the greatest worker, the highest type of human being — the self-made man — the American industrialist.

If you ask me to name the proudest distinction of Americans, I would choose — because it contains all the others — the fact that they were the people who created the phrase 'to make money.' No other language or nation had ever used these words before; men had always thought of wealth as a static quantity — to be seized, begged, inherited, shared, looted or obtained as a favour. Americans were the first to understand that wealth has to be created."
~ Ayn Rand from her 1953 essay '“The Meaning of Money” collected in her book For the New Intellectual

RELATED: 

"The truth is that across all the pages of history there have been two fundamental antagonists who have been variously venerated and eviscerated: the trader, and the warrior -- the former the bringer of peace, the latter the bringer of violence. The man of peace, and the man of war. The man who relies on voluntary exchange to mutual advantage, and the man who loots and plunders. The man who produces value, and the man who destroys it. The bringer of peace and prosperity, and all the benighted horsemen of the apocalypse."

Monday, 15 June 2026

Thoughts on Prosperity from a Hipster Coffee Shop

This article was written by a 26 yr old American college student by the name of Alyssa Ahlgren who, back then (seven years ago), was in the middle of an MBA. "My Generation," she reckons, "is blind to the prosperity around us!"
I'm sitting in a small coffee shop near Nokomis (Florida) trying to think of what to write about. I scroll through my newsfeed on my phone looking at the latest headlines of political candidates calling for policies to "fix" the so-called injustices of capitalism. I put my phone down and continue to look around. I see people talking freely, working on their MacBooks, ordering food they get in an instant, seeing cars go by outside, and it dawned on me. We live in the most privileged time in the most prosperous nation and we've become completely blind to it. Vehicles, food, technology, freedom to associate with whom we choose.

These things are so ingrained in our American way of life we don't give them a second thought. We are so well off here in the United States that our poverty line begins 31 times above the global average. Thirty One Times!!! Virtually no one in the United States is considered poor by global standards. Yet, in a time where we can order a product off Amazon with one click and have it at our doorstep the next day, we are unappreciative, unsatisfied, and ungrateful.

Our unappreciation is evident as the popularity of socialist policies among my generation continues to grow. Congresswoman Alexandria Ocasio-Cortez recently said to Newsweek talking about the millennial generation, "An entire generation, which is now becoming one of the largest electorates in America, came of age and never saw American prosperity." Never saw American prosperity! Let that sink in. When I first read that statement, I thought to myself, that was quite literally the most entitled and factually illiterate thing I've ever heard in my 26 years on this earth. Many young people agree with her, which is entirely misguided. 

My generation is being indoctrinated by a mainstream narrative to actually believe we have never seen prosperity. I know this first hand, I went to college, let’s just say I didn’t have the popular opinion, but I digress.

Let me lay down some universal truths really quickly. The United States of America has lifted more people out of abject poverty, spread more freedom and democracy, and has created more innovation in technology and medicine than any other nation in human history. Not only that but our citizenry continually breaks world records with charitable donations, the rags to riches story is not only possible in America but not uncommon, we have the strongest purchasing power on earth, and we encompass 25% of the world’s GDP. The list goes on. However, these universal truths don’t matter. We are told that income inequality is an existential crisis (even though this is not an indicator of prosperity, some of the poorest countries in the world have low-income inequality), we are told that we are oppressed by capitalism (even though it’s brought about more freedom and wealth to the most people than any other system in world history), we are told that the only way we will acquire the benefits of true prosperity is through socialism and centralisation of federal power (even though history has proven time and again this only brings tyranny and suffering).

Why then, with all of the overwhelming evidence around us, evidence that I can even see sitting at a coffee shop, do we not view this as prosperity? We have people who are dying to get into our country. People around the world destitute and truly impoverished. Yet, we have a young generation convinced they've never seen prosperity, and as a result, we elect some politicians who are dead set on taking steps towards abolishing capitalism. Why? The answer is this: my generation has ONLY seen prosperity. We have no contrast. We didn't live in the Great Depression, or live through two World Wars, the Korean War, The Vietnam War or we didn't see the rise and fall of socialism and communism.

We don't know what it's like to live without the internet, without cars, without smartphones. We don't have a lack of prosperity problem. We have an entitlement problem, an ungratefulness problem, and it's spreading like a plague.
With the current political climate giving rise to the misguided idea of a socialist utopia, will we see the light? Or will we have to lose it all to realize that what we have now is true prosperity? Destroying the free market will undo what millions of people have died to achieve.

My generation is becoming the largest voting bloc in the country. We have an opportunity to continue to propel us forward with the gifts capitalism and democracy has given us. The other option is that we can fall into the trap of entitlement and relapse into restrictive socialist destitution. The choice doesn’t seem too hard, does it?
Hat tip Michael Reddell Joseph Mooney, who reminds us that for all our own problems eager to be "fixed" by the political classes, New Zealand's own poverty line, measured on similar terms, still begins 25 times above the global average ...

RELATED: Jimmy Carr: “Life has never been objectively better, and subjectively worse”.
Every day we’re here is a stroke of fortune in the grand scheme of time, so appreciate it fully."
We’re living better than 99.9% of humans who ever walked the earth, hot showers, modern medicine, endless entertainment, kids that actually survive infancy, yet so many of us feel miserable. He calls it “life dysmorphia.” We get used to how good we have it (the hedonic treadmill), then compare ourselves to everyone else and tank our own happiness. As he puts it: happiness = quality of life minus envy. Marcus Aurelius put it perfectly: “Very little is needed to make a happy life; it is all within yourself in your way of thinking.” When was the last time you caught yourself feeling unhappy despite objectively having it pretty damn good?

Monday, 8 June 2026

#250YEARS: America's abundance

 

"America’s abundance was not created by public sacrifices to 'the common good,' but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes. They did not starve the people to pay for America’s industrialisation. They gave the people better jobs, higher wages, and cheaper goods with every new machine they invented, with every scientific discovery or technological advance — and thus the whole country was moving forward and profiting, not suffering, every step of the way."
~ Ayn Rand from her essay 'Theory and Practice,' collected in her book Capitalism: The Unknown Ideal