Capitalism

Government Regulation and Crony Capitalism is Keeping Thousands in Florida without Power

By: Tho Bishop <br>Almost two weeks have passed since Hurricane Irma made landfall in South Florida, yet tens of thousands remain without power. With …

Conservative View

The West isn't threatened by capitalism - but by the return of socialism. Niall Ferguson unedited.

21 September 2017<p>I hope you might have already listened to our interview with Paul Mason – it’s engaging from beginning to end – and, equally worth …

Economics

Theresa May's new EU adviser once defended the Soviet Union and lamented rise of capitalism

Theresa May's new EU adviser once defended the Soviet Union and suggested its fall meant there was “no alternative to the mad excesses of modern capitalism”, according to reports.<p>Oliver Robbins, the top official at the Department for Exiting the European Union and David Davis’ former right hand man …

Brexit

Capitalism and democracy — the odd couple

Democracy is in recession. After spreading across the globe between the 1970s and early 2000s, it is in retreat. Also in retreat is the belief in a …

Economics

Capitalism: The Nightmare - Truthdig: Expert Reporting, Current News, Provocative Columnists

The neoliberal, arch-capitalist era we inhabit is chock full of statistics and stories that ought to send chills down the spines of any caring, …

Liberal View

Has Warren Buffett broken American capitalism?

The AFR – owned by <b>Fairfax</b> (ASX:FXJ) – recently breathlessly reported on various studies purporting to show How Warren Buffett broke American …

Warren Buffett

Fact check: Are Labor's policies socialist?

The claimFinance Minister Mathias Cormann evoked memories of the Cold War when he gave a speech to the Sydney Institute on the evening of August 23, …

Bernie Sanders

The Capitalist Revolution

By: Ludwig von Mises <br>The pre-capitalistic system of product was restrictive. Its historical basis was military conquest. The victorious kings had …

Conservative View

The End Of Capitalism Is Already Starting–If You Know Where To Look

One of America’s foremost Marxist economists has never felt so optimistic in his 50-year career.<p>These days, Richard Wolff is feeling pretty glad he stuck around teaching this long. Now in his 70s and lecturing at the New School University and having become, over the course of his nearly …

This advertisement blames capitalism for society’s woes — ‘it’s needlessly cruel and unfair’

Democratic socialism is appealing to more and more young people at alarming rates, but do they even know what it means? Do they know that socialism and communism have killed more people than communicable diseases have? According to “The Black Book of Communism,” 94,000,000 people have been killed …

The Latest: Martin Shkreli's bail revoked; he heads to jail

NEW YORK (AP) — The Latest on former pharmaceuticals company CEO Martin Shkreli (all times local):<p>6:05 p.m.<p>Former pharmaceuticals company CEO Martin Shkreli (SHKREL'-ee) has had his bail revoked and is going to jail in New York while he awaits sentencing for a securities fraud conviction.<p>A judge at …

News (U.S.)

'Pharma bro' Martin Shkreli jailed over Hillary hair post

<b>A judge has ordered the jailing of ex-pharmaceutical chief executive Martin "Pharma Bro" Shkreli while he awaits sentencing for securities fraud.</b><p>Judge Kiyo Matsumoto said a Facebook post in which Shkreli offered $5,000 for a strand of Hillary Clinton's hair showed he was a danger to the public.<p>The …

Martin Shkreli

Cartoon for September 13, 2017: Capitalism

<i>[click image to enlarge]</i><p>One of the major problems with capitalism is inheritance. If this is a meritocracy, how come the children of rich people get …

Liberal View

Capitalism has lost its way – we need to rescue it, fast

Theresa May launched her term as Prime Minister by promising to tackle what she calls “the unacceptable face of capitalism”. She has been sharply …

Social Enterprise

Don’t Be Scared About The End Of Capitalism–Be Excited To Build What Comes Next

Instead of fixating on a fight between capitalism and socialism, imagine innovating a future economy that transcends old binaries.<p><i>This story reflects the views of these authors, but not necessarily the editorial position of</i> Fast Company<i>.</i><p>These are fast-changing times. Old certainties are collapsing …

Soviet Union

Climate change and capitalism: We can’t confront one without facing the other

Amid this devastating storm season, we must talk about climate change — and the economic system behind it<p>As Hurricane Irma approaches Florida this weekend, just over a week after Hurricane Harvey devastated southeast Texas and left at least 70 people dead, the climate change debate has taken on a …

Climate

Government Wants Martin Shkreli In Jail After Threatening Hilary Clinton

<b>(TMZ)</b> <b>--</b> Bad boy and convicted felon <b>Martin Shkreli</b> may be heading to jail way sooner than he thought, because the United States government wants to …

Martin Shkreli

How Capitalism Has Changed Over 700 Years

Most people today are familiar with the term "capitalism" and what it means. But did you know that it has existed for over 700 years? Capitalism …

United States

What is Capitalism, Exactly?

Capitalism is a term that we are all familiar with. We have a capitalist economy in the U.S., and most of us could probably answer that a capitalist …

Karl Marx

Our collective response to the Houston tragedy is proof that greed and capitalism aren’t the only ways to run society

Despite the cooperative response to Houston, we still face the absurdity of a winner-take-all capitalist system<p>In the worst moments of the tragedy in Houston, something remarkable about America burst into view, as government, business, military, and especially ordinary citizens put aside thoughts …

Liberal View

Neoliberalism explained

I frequently use the label ‘neoliberal’ to describe a certain political stance that is common among Democrats. I use it in a pejorative way and on …

Margaret Thatcher

Economics: Verso Student Reading

After years of ill health, capitalism is now in a critical condition. Neoliberal economics isn't working and students are demanding more from their …

Economics

Why young Americans are giving up on capitalism

Imagine that you’re twenty years old. You were born in 1996. You were five years old on 9/11. For as long as you can remember, the United States has been at war.<p>When you are twelve, in 2008, the global economy collapses. After years of bluster and bravado from President George W. Bush — who …

Social Justice

Capitalism isn't broken – but it does need a rewrite

In the 1990s, economists indulged heady hopes that globalisation would raise all boats via unfettered free market activity. Now, but a generation …

“Liberal Socialism” is Another False Utopia

Very often bad and failed ideas do not die, they simply reappear during periods of supposed social and political crisis in slightly different …

Democracy

'The S-word': how young Americans fell in love with socialism

Young Americans blame capitalism for crises in housing, healthcare and falling wages. Once demonised, the word ‘socialism’ is back as a new political movement takes root<p>At 18, Olivia Katbi was answering the phones and emails in a Republican state senator’s office in Ohio. Then the legislator threw …

Bernie Sanders

The Obscure Economist Silicon Valley Billionaires Should Dump Ayn Rand For

He lived almost 200 years ago, but Henry George’s theories might have something to offer people who want to put their money to good use today.<p>So, you’re a Silicon Valley billionaire and you’ve already got the private plane. What you need next is a philosophy, something to live by, and to help …

Ayn Rand

Marxist and Austrian Class Analysis

By: Hans-Hermann Hoppe <br>[From Chapter 4 of <i>The Economics and Ethics of Private Property</i> by Hans-Hermann Hoppe.]I will do the following in this chapter: …

Conservative View

Naomi Klein to Media Covering Houston: Now Is the Time to Talk About Climate Change

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Climate