Thursday, August 27, 2020

Marxists Topple Statues as a Step Toward Killing People

Marxists and the other mindless morons they influence have been running around picking fights with statues of long dead slave owners that they gleefully topple and destroy. 

What’s the matter, Marxists? Why do you need to pick fights with statues? In your dreck-bedecked worldview, there are plenty of present-day, living, breathing slave owners. You call them capitalists or “capitalist exploiters.”


And you call their employees “wage slaves,” by which you mean real live slaves.


What makes you confuse employees with slaves is your lunatic belief that under capitalism, wages are set at the same level as the remuneration of slaves, namely, minimum subsistence, and that all that the workers produce beyond that goes to the capitalists as profit.


So, you conclude that “capitalist” is just another name for slave owner.


Knowing how close you are to a psychotic break, I don’t want to name any specific targets for you to demonstrate against in the name of abolition, lest you burn down their houses and kill them. But you know who many of them are. They’re very prominent. And many of them fund you.


I do hope, however, that when you finally get around to killing them, you’ll thank them for having sold you the means with which to do it and for having actually freely given you the money with which to buy those means.


I know that in the group of capitalists we’re talking about, there are many productive geniuses. Despite their genius, in the areas of economic theory and political philosophy and of personal self-preservation itself, they speak and act like lobotomized, castrated zombies. 

For a thorough analysis and refutation of Marxism, everyone should buy and read my Marxism/Socialism…, 99¢ at, followed by my Capitalism: A Treatise on Economics, at

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Sunday, August 23, 2020

Reisman’s Final Year’s University Lectures Available for Download Without Charge

Recently, a reader of my book Capitalism: A Treatise on Economics, told me that he believed that he had been able to get more out of my book and do it more easily because he had listened to a series of lectures I had delivered over the years 1967-2007. 

On the basis of my discussions with him, I’ve decided to release recordings of the lectures I delivered in my courses in my final year at Pepperdine University, 2004-05. These lectures are very closely related to my book, which was the main text for the courses.


Try reading a chapter and then listening to the lectures related to it, or vice versa, whichever works best for you.


There are two 4-unit courses, which, in order to follow convention, I labeled “micro” and “macro” respectively.

Each of the courses had 13 sessions (not counting exams), typically recorded in two parts of more than an hour and a half each.


The chapters in Capitalism assigned in the “micro” course are the Introduction, 1-11, and 14. The chapters assigned in the “macro” course are 12, 13, and 15-19. In both courses there are also some supplementary readings as well.


All of the lectures are available on Google Drive and can be downloaded to your hard drive without charge. Here’s the link:


Consider these lectures as a work in progress in that I intend to make various revisions and additions over the next year or so.

Downloads for the courses include a syllabus and eight detailed syllabus supplements that describe the content of each of the lectures. 

The book Capitalism: A Treatise on Economics is available on in Kindle, hardcover, and paperback formats. Go to to order it.

Saturday, August 15, 2020

Slavery as the Cause of General Loss

While slavery enriched slave owners, it impoverished not only the slaves but also the United States as a whole. Its impoverishment of the US can be measured by the difference between what the slaves produced as slaves and the far greater amount they would have produced if free.


The effect of slavery on the slaves’ incentives was like that of a 100% income tax. They were motivated to do nothing but exactly what they were told, lest they suffer punishment. Everything over and above this, that they would have accomplished if free, was lost.


Slavery was particularly damaging to the South, because it created in the market value of slaves a fictional capital that made the accumulation of real capital in such forms as factory buildings and machinery seem unnecessary. It was thus responsible for the South’s economic backwardness.


In the North, a factory owner calculated his wealth as the sum of the values of his factory buildings, equipment, and inventories. In the South, a plantation owner counted as the main part of his wealth the mere presence of workers on his land, who were regarded as his property.


Thus, compared with the Northern factory owner, the Southern planation owner had a major deficiency of real capital. He was missing the factories, machinery, and materials that made up the Northerner’s capital. Instead, his wealth consisted mainly of the market value of his slaves.


Without slavery, Southern capitalists would have had to accumulate vastly more actual capital to be as rich as slavery gave them the illusion of being. And correspondingly, without slavery, the South as a region would have had to have accumulated far more real capital.

To learn more, read my “Capitalism: The Cure for Racism,” available for 99¢ at

Friday, August 14, 2020

The Meaning of Being “Green”

Two differences between “Lockdowns” and “The Green New Deal” are that under “The Green New Deal” you won’t have gas for your car if you want to drive somewhere. And you won’t have electricity for your TV.

But that’s alright. The purpose of your life is not your personal enjoyment, but higher, collective goods, such as “flattening the curve” and holding down the CO2 content of the atmosphere, say collectivists.

In fact, believe the Green New Dealers, the world would be a better place if a few billions of you weren’t alive in the first place, because then you’d cause much less CO2 getting into the atmosphere, and thus the planet would be a better, healthier place.


At least so say the implicitly homicidal maniacs who comprise the Green movement and are never censured for expressing this belief.

To learn more, read my “The Toxicity of Environmentalism” and Chapter 3 of my Capitalism: A Treatise on Economics. Both are available at

Friday, August 07, 2020

Lunatics In Charge

Why isn’t Seattle mayor Jenny Durkan under indictment for manslaughter and being sued for wrongful death? She withdrew any police presence from the Capitol Hill neighborhood in Seattle. Result: businesses were looted, citizens were terrorized, four were shot, and two were killed. (See

Her action constituted reckless endangerment, since the results that occurred were precisely the kind that any reasonable person would expect.

Perhaps she hasn’t been charged because it’s assumed she’d easily “beat the rap” with an insanity plea. Early in the anarchy, speaking from somewhere in La La Land, she dismissed such concerns with the remark, “We could have the Summer of Love.”

At the very least, she and the city council of Seattle and the mayors and councils of many other cities need to be brought in to determine whether or not they are a danger. They certainly are and should be locked up. The problem is that these lunatics are running the asylums.

Thursday, August 06, 2020

Hate Speech: When It Is Deserved and Morally Necessary

I hate Hitler, Stalin, and Mao for their scores of millions of murders. I’m glad they’re dead and I hope they suffered as greatly as possible both in dying and throughout their lives. My words are speech and they are as full of hate as it is possible for speech to be.

Whoever objects to this hate speech signifies that he believes that monsters should not be hated, that they should be able to go through life free of this consequence of their evil. He thereby gives aid and comfort to the monsters and thus deserves himself to be hated.

Who are the morons who have dared to attach a stigma to hate speech in and of itself? Who are the morons who have listened to them?

There are two types of hate speech: justified hate speech, as against Hitler, Stalin, and Mao, and unjustified hate speech, as used by such monsters against the founding principles of the United States and their offshoot the capitalist economic system.

Our culture has become so filled with morons, that hardly anyone even notices that every day there is a massive campaign of hate speech carried on by Marxists/Socialists against the principles of individual rights and economic freedom.

Every day, Marxists denounce capitalists as “exploiters,” who steal their profits from wage earners, and urge the wage earners to rise up and seize the capitalists’ allegedly stolen property. Uneducated, brain-dead “intellectuals” never realize that this is hate speech.

The same intellectuals endlessly prattle on against “discrimination” and the need for “inclusiveness,” while simultaneously accepting the blatant discrimination implied in the slogan “Black lives matter” and its utter lack of inclusiveness of any lives but those of blacks.  

We live in a society that is essentially uneducated in the realms of economics and political philosophy. Fortunately, this great flaw can be rectified, by reading and studying the works of Ludwig von Mises and Ayn Rand, who provide the knowledge required to fill this void.

My membership in Mises’s graduate seminar for ten years concluding in the earning of my Ph.D. under him, and also in Ayn Rand’s “collective” for a comparable period, provided the foundation for my own contributions to the cause they lead and allow me to add my works to theirs.

So I conclude by recommending that everyone who wants to fight for freedom and capitalism read the works of Mises, Rand, and Reisman. Search under these names at

Tuesday, August 04, 2020

Arbitrary, Sadistic Democrat Congressional Inquisitors

The other day, I watched a video of AG Barr being questioned by the Democrats on the House Judiciary Committee. I still can’t believe what I saw and so would like confirmation of it.
The Dems seemed to believe that Barr had no right to the use of the time he needed to answer their questions. The Dems held that the time he used belonged to them and again and again demanded their time back, an arrangement whereby they can ask questions, but he can’t answer.
To top it all off, the Chairman of the committee, Jerrold Nadler, actually denied Barr’s request for a 5-minute break (presumably to use the bathroom).
I have never seen such a clutch of nasty, vindictive, and downright sadistic, freakish-looking people. If they come to power it may not be long before our country is transformed into one vast concentration camp.
Don’t let such a thing happen. At the very least, arm yourselves intellectually by going to and then buying and reading