Capitalism & Morality 2015

To the masses, the catchwords of Socialism sound so enticing… so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.” - Ludwig von Mises

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“This idea that the government has services or goods that they can pass on is a complete farce. Governments have nothing. They can't create anything, they never have. All they can do is steal from one group and give it to another at the destruction of the principles of freedom.”
- Ron Paul

"...if we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion."
- F. A. Hayek

Contrary to the vulgar belief that men are motivated primarily by materialistic considerations, we now see the capitalist system being discredited and destroyed all over the world, even though this system has given men the greatest material comforts”

- Ayn Rand

“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."
-Murray Rothbard

"The free market punishes irresponsibility. Government rewards it."
- Harry Browne


“Morally acting man seeks profit; immorally acting man seeks plunder.”

- Jay S. Snelson


Here is the link to the video recording of the seminar held on 1 August  2015


Governments are made up of three kinds of people: sociopaths, crooks, and those who are after an easy life. Once in a while, well-meaning youth enter the government, hoping to usher in a change. Soon, such an individual, realizes that he has ended up working with those who lack ethics, are manipulative, devoid of any sense of risk-taking, and passionless.


Having learnt his lesson, he either leaves his job, or most likely succumbs to the organizational pressures that slowly and subliminally teach him devious methods. He soon forgets that he had joined the government to contribute. Instead, he starts rationalizing his existence and sacrifices his soul and rationality for what he feels is a risk-free job. 


The government is merely the visible aspect of the state. "A state is a disease living in the minds of its victims. It is only there, in the battleground of the mind, that a state is to be truly and totally vanquished."


It is our collective hatred, envy, lack of integrity, and irrationality that feeds and nurtures the state. Only free individuals can make a free society.  

Program (Saturday, 1 August 2015):


· 8 to 8:25am: Registration and coffee


· 8:25 to 8:30am: Introduction by Jayant Bhandari

· 8:30 to 9:30am: "Raising Children is an Act of Philosophy,” by Roslyn Ross

Ms Ross spent a decade working in behavior modification while contemplating the question: What would parenting look like in a free society? Seven-hundred books on the subject later, Ms Ross had her answer. In her own book, A Theory of Objectivist Parenting, Ms Ross shares her conclusion that our current totalitarian government is a manifestation of modern parenting and that the road to freedom starts with how we raise our children.


· 9:30 to 10:30am: Why Ayn Rand’s Self-Esteem is Unreasonable,” by Dr Michael Edelstein

Dr Edelstein is a clinical psychologist with an in-person and telephone/Skype therapy practice. He is the award-winning author of “Three Minute Therapy”. He also wrote “Stage Fright,” “Rational Drinking” and his latest, "Therapy Breakthrough." He trained with Dr. Albert Ellis and supervises mental health professionals in the REBT/ CBT treatment of emotional and behavioral problems. He lectures nationally and internationally, and has appeared on numerous radio and TV shows. Dr Edelstein teaches his clients to go for unconditional self-acceptance rather than high self-esteem. 


· 10:30 to 10:55am: Coffee


· 10:55 to 11:55pm: “The Value of Being Mentored and Mentoring,” by Rick Rule
Mr Rule is one of the most successful investors anywhere. Mr Rule started his career working as a security guard at False Creek in Vancouver. He is currently the Chairman of Sprott US Holdings Inc., one of the biggest and most successful money managers in the resource sector. He is a living proof of what he loves to say, “Your biggest problem is not the state and its tyranny, but what is between your two ears.” In his talk, Mr Rule will emphasize that fulfillment comes from individual achievement, and that advances in the condition of mankind occur through voluntary rather than coercive exchanges.   


· 11:55 to 12:25pm: "The Children of Galt's Gulch," by Roslyn Ross

In her first talk Ms Ross explained that a free society is not possible until we relate to children differently. In this talk, Ms Ross draws on history, sociology, anthropology, educational theory, and current neuroscience to show that our idea of children, the role we demand that they play, is not based in reality. Our idea of what children and childhood should be is a product of our current time and place. The road to freedom again starts with how we raise our children, but this time everything we ever thought we knew for sure about children is brought under the microscope. 


· 12:25 to 1:20pm: Lunch


· 1:20 to 2:20pm: "Confused, Conflated & Misused," by Doug Casey

Mr Casey, founder of Casey Research, is one of the most sought after speakers. He has written two New York Times bestsellers, including “Crisis Investing,” which was #1 for 19 weeks. He frequently contributes to and the Liberty. He has recently published two new books, “Totally Incorrect” and “Right on the money.”


· 2:20 to 2:50pm: "Magna Carta: 800 Years of Myth," by Adrian Day

Mr Day is considered a pioneer in promoting the benefits of global investing in the US. A native of London, after graduating with honors from the London School of Economics, Mr. Day spent many years as a financial investment writer, where he gained a large following for his expertise in searching out unusual investment opportunities around the world.  He has also authored three books: "International Investment Opportunities: How and Where to Invest Overseas Successfully", "Investing Without Borders", and his latest book, "Investing in Resources: How to Profit from the Outsized Potential and Avoid the Risks."


· 2:50 to 3:10pm: “The Foundation of Liberty,” by Anat van Eeden

Ms Van Eeden will explore the true foundation of liberty.


· 3:10 to 3:30pm: Coffee


· 3:30 to 4:15pm: “Living a life of promoting liberty and how I affect change in my students,” by Dr Walter Block
Dr Block is Harold E. Wirth Eminent Scholar Chair in Economics and Professor of Economics at Loyola University New Orleans and Senior Fellow with the Ludwig von Mises Institute, USA. He has written many books, best known among which is perhaps “Defending the Undefendable”. Others include: “Lexicon of Economic Thought”, “Economic Freedom of the World, 1975-1995”; “Rent Control: Myths and Realities”; “Discrimination, Affirmative Action, and Equal Opportunity”; “Theology, Third Word Development and Economic Justice”; “Man, Economy, and Liberty Essays in Honor of Murray N. Rothbard”; “Religion, Economics, and Social Thought; and Economic Freedom: Toward a Theory of Measurement.”


· 4:15 to 4:45pm: “The Rise of Anarcho-Capitalism,” by Jeff Berwick
Mr Berwick is seen by many as being the face of the new generation of anarcho-capitalists. He is the founder of the popular financial and economic website, The Dollar Vigilante. He is also the host of the popular anarcho-capitalist podcast, Anarchast and founder of the world’s largest anarcho-capitalist conference, Anarchapulco. In this talk he’ll discuss human action and how anarcho-capitalism is about to explode globally.


· 4:45 to 5:15pm: "Portugal, Italy, Greece, and Spain (PIGS): Culture—not debts—is the problem,” by Jayant Bhandari

Jayant is a contributing editor of the Liberty magazine and has written for the Mises Institute, the Mises Institute (Canada), Casey Research, Le Québécois Libre, Sprott’s Thoughts,, etc.


· 5:15 to 5:30pm: Albert Lu to Interview Walter Block


Date: Saturday, 1 August 2015


Event Rooms 1300-1500
Segal Graduate School of Business
500 Granville Street
Vancouver, BC, Canada V6C 1W6
(This is an independent event, not affiliated with the School)  

Jayant Bhandari


Linked here are video recordings of earlier year seminars.