Capitalism & Morality 2012

“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

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


Here is the link to the video recording of the seminar held on 28 July 2012


Please join us in a Seminar to discuss the vital importance of social and economic liberty. Five internationally renowned speakers will demonstrate that laissez-faire capitalism is the only ethical system, and alone can ensure prosperity. Rather than the free marketplace, it is the gigantic size and horrendous growth of big government that is the problem.


This year’s seminar will ask: What is it about our fundamental beliefs and paradigms that lead so many of us into the trap of socialism and statism, confining us to live a life of desperation and negativity, and dependence on others?


Program (Saturday, 28 July 2012):

· 8 to 8:25am: Registration and coffee

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

· 8:30 to 9:30am: “Ethics of capitalism-I” by Stefan Molyneux
Mr Molyneux runs one of the most influential and successful online, liberty-oriented philosophical radio,
Freedomain. An unrelenting fighter for the supremacy of the human spirit, Mr Molyneux unabashedly attacks the fallacious assumptions that often shape our worldviews, opinions, and paradigms.

· 9:30 to 10am: Coffee

· 10 to 11am: “The need for abundance mentality” by Frank Holmes
Mr Holmes, a world-renowned money manager in the natural resource sector, asks if the current generation of Westerners have narrowed its vision by focusing on other people’s pockets? Does a sense of entitlement lead us to a depressing life of scarcity? Is a sense of abundance merely a spiritual concept or is it what made the West so successful and prosperous in the past? Mr Holmes suggests living with gratitude to put our lives on a positive track.

· 11 to 12pm: “Taming the violence of faith” by Nancy Rhyme Snelson
Wife of the late Jay Stuart Snelson, Mrs. Snelson will talk about how our paradigms and understanding of causality have a crucial affect on the direction of our lives and the future of society.

· 12 to 1pm: Lunch; poetry reading from her recently published book Freedom On The Fault Line by Lilija Valis

· 1 to 2pm: “Ethics of capitalism-II” by Stefan Molyneux

· 2 to 3pm: “Paradigms of a winner” by Rick Rule
Mr Rule, one of the most successful investors anywhere, talks about how our erroneous and irrational beliefs and emotions lead us down a self-destructive path. While Mr Rule points the blame for a lot of social ills on the State, he insists that our biggest personal enemy is between our two ears. Mr Rule shows how his value-system is the only way to create an abundance mentality, with its inevitable consequences on the wealth and well-being of the individual.

· 3 to 3:30pm: Coffee

· 3:30 to 4:30pm: “Socialism & psychological aberration” by Doug Casey
Are socialists misinformed but well-meaning folks? Probably not, says, Mr Casey. Socialistic beliefs have at their foundations confused thinking, lack of self-respect and sheer crookedness. It is not the tens of trillion dollars of debt that necessarily is destroying the West, but the social mindset whose symptom is that debt. Mr Casey 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 Liberty. Would the children of today’s Europeans end up as servants and maids of the Chinese? Never to pull his punches, Mr Casey says that “America” was not about a country but an idea.

· 4:30 to 5:30pm: “Austro-libertarianism” by 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. Dr Block will give his views on what is Austrian economics and what is libertarianism, and discuss their relationship.


Date: Saturday, 28 July 2012


Event Rooms 1200-1500
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



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



"...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

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


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

-Jay S. Snelson