Capitalism

Friedman, Galbraith, and Wright on American Capitalism, by David Henderson

"Capitalism" has become a fighting word in the battle between East and West and for men's minds everywhere; and, like all slogans, it means many …

Keynesian Economics

Shkreli had a meltdown as alleged Ponzi scheme unraveled

​E​mails revealed ​in court ​Tuesday show a testy and tantrum-prone Martin Shkreli ​panicking behind the scenes as his ​alleged ​P​onzi scheme began …

Martin Shkreli

In retrospect: Das Kapital

As the world is reshaped by another industrial revolution, Gareth Stedman Jones revisits Karl Marx's opus.<p>Das Kapital<p>Karl Marx <i>Verlag von Otto …

Karl Marx

Why capitalism needs socialism to survive

A top Peter Thiel adviser on the failures of the billionaire class.<p>“We think of capitalism as being locked in an ideological battle with socialism, but we never really saw that capitalism might be defeated by its own child — technology.”<p>This is how Eric Weinstein, a mathematician and a managing …

Socialists say capitalism kills. They’re lying.

Every now and again, one comes across the argument that capitalism kills just as many people, or more, than socialism has ever done. The idea is well …

News (South Africa)

China’s Coming Crisis Will Not Be Capitalism’s

Conservatives should prepare for China being the next big economic crisis. While they cannot stop it, they can prepare for the left’s predictable …

Economy

Financialization Has Turned the Global Economy Into a House of Cards: An Interview With Gerald Epstein

To rein in financial instability and other destructive financial practices, we not only must re-regulate finance -- we must develop more public …

Economics

The one word guaranteed to make the corporate pundit class squirm

Technocratic elites and their apologists once justified their social standing by claiming simply to know more about the things that matter than …

Liberal POV

Does Capitalism Breed Psychopaths? | Andrea Speijer-Beek

No system is as revered and reviled as capitalism. Proponents celebrate the wealth capitalism brings to nations, reducing the number of people living …

Foundation for Economic Education

“Inclusive Capitalism,” Nancy Pelosi, and the Dying Planet

Photo by David Shankbone | CC BY 2.0A recent <i>Washington Post</i> and ABC poll finds that just 37 percent of Americans think that the Democratic Party …

Social Justice

Capitalism and the Quest for Community

The last few years have not been flattering to American higher education, to say the least. Incident after incident has prompted the question of why …

Lobby Group Tied to Koch Brothers, Brexit Climate Deniers Pushes 'Strong Pro-Corporate Agenda'

By Mat Hope<p>A new lobby group has appeared in Europe claiming to represent "consumers." But a closer look reveals it is actually backed by some …

Climate

Everyone Hates Neoliberals, So We Talked to Some

I asked neoliberals about their political ideology and the tremendous backlash it's received from all over the place lately—especially since Trump won.<p>If I've learned anything from having my eyes glued to politics Twitter and the punditry it inevitably spawns for 12 hours a day, it's that I am …

Capitalism Did Not Win the Cold War

When the Soviet Union collapsed 26 years ago, it was generally agreed that the West had won the Cold War. This was affirmed by the prosperity and …

Cold War

“Neoliberalism” isn’t an empty epithet. It’s a real, powerful set of ideas.

It’s hard to think of a term that causes more confusion, yet is more frequently used in political debate, than “neoliberalism.” It’s one thing to argue that the term should be discouraged or retired from public discussions, because it generates heat instead of light, but it is another to say that …

Liberal POV

Neoliberalism has conned us into fighting climate change as individuals

Stop obsessing with how personally green you live – and start collectively taking on corporate power<p>Would you advise someone to flap towels in a burning house? To bring a flyswatter to a gunfight? Yet the counsel we hear on climate change could scarcely be more out of sync with the nature of the …

Climate

Free Markets are Revolutionary, Liberating, and Democratic

Daniel Yergin and Joseph Stanislaw in their 1998 book <i>Commanding Heights</i>, had this to say about what Keith Joseph was thinking after the fall of the …

Foundation for Economic Education

Amazon Takes On Blue Apron, Consumers To Benefit - What Always Happens In Free Market Capitalism

We have the news that Amazon looks like entering the prepared meal kits business and Blue Apron stock looks like it’s been shot as a result–the people who will benefit here being of course consumers which is what competition always does do in a capitalist free market. That lust for the pelf and …

Opinion

LOL VIDEO: College Students Super Excited About Socialism. But Then They're Asked To Define It.

Campus Reform recently took to the streets of Washington D.C. to try to gauge the opinions of college students about the increasingly popular form of …

Conservative POV

Is capitalism killing us? ... Time for capitalism 2.0?

See this story in Fast Company:<p><b>Are You Ready To Consider That Capitalism Is The Real Problem?</b><i><br>In February, college sophomore Trevor Hill stood up</i> …

Does Silicon Valley need even more Ayn Rand to fix its ethical crisis?

Silicon Valley is in the midst of an ethical crisis. A series of scandals in recent years—from Theranos to Zenefits to Uber and the systemic problem of gender bias and sexual harassment—have slowly eroded public perception of the tech industry. The venture capital ecosystem, long shrouded in …

Travis Kalanick

Jaramogi and Jomo: A brief history of crony capitalism

Jomo Kenyatta and his cronies used pretext of Africanisation to enrich and concentrate economic power among themselves.

Kenya

Are You Ready To Consider That Capitalism Is The Real Problem?

Before you say no, take a moment to really ask yourself whether it’s the system that’s best suited to build our future society.<p><i>This story reflects the views of this author, but not necessarily the editorial position of Fast Company.</i><p>In February, college sophomore Trevor Hill stood up during a …

Rand Paul still a 'no' on GOP health bill: 'It's crony capitalism'

Senator Rand Paul said Thursday he is still opposed to the Senate health care bill, telling FOX Business the GOP bill doesn’t repeal Obamacare and has created a “giant new insurance bailout.”<p>“The Democrats created this disaster; we can fix it with freedom, competition, [and] choice,” he said. “I …

Rand Paul

What Is “Neo” About Neoliberalism?

In the buildup to the 2015 General Election, Nigel Farage, leader of the UK Independence Party (UKIP), reiterated his support for an …

Liberal POV

What does Capitalism Version 2.0 look like – and why are the poor embracing voluntary subjugation?

Why is it that a demand such as a basic income grant has not spread like wildfire throughout South Africa? Our people would rather voluntary …

Basic Income

Spent Youth

In these paltry times of capitalism’s triumph, as we slide into consumer narcissism, Shakespeare’s seven ages of man are in danger of being washed …

Conservative POV

Capitalism Summer Camp for ​Grade-Schoolers

Jayne: Accusations of socialism bandied about too frequently

It is one of the most pointed and most flexible pejoratives in the conservative lexicon, a word that can be twisted to fit nearly any situation.<p>So, …

Socialism

Can Black Capitalism Ever Truly Heal Black People?

Source: Slaven Vlasic / Getty<p>T<b>his article is about JAY-Z and not about JAY-Z</b>. It’s not a review of Jay-Z’s platinum certified album, <i>4:44</i>, but it …