Back in 2017, “late capitalism” was flourishing on Twitter. At the time, The Atlantic researched the origin and use of the phrase and found it was used to describe the excesses resulting from a ...
Free market capitalism is the most effective economic system for creating wealth, allocating resources, innovating and bettering people’s lives. However, it is widely misunderstood and that results in ...
The capitalist economic system has always had a big problem with politics in societies with universal suffrage. Anticipating that, most capitalists opposed and long resisted extending suffrage beyond ...
Without a doubt, capitalism is the dominant economic system within today’s global society. Even so-called communist countries, such as China, partake greatly in capitalism by indulging in the free ...
The looming election has brought forward intensifying debates over a capitalism in crisis, rising nationalism and state power, and the possibility of a renewed fascism. Polarized politics and ...
Dalio and Buffett define capitalism as the free market system but they have different views on whether it needs saving. Dalio is worried about growing income inequality and proposes to save capitalism ...
So often we take the meaning of terms for granted without knowing their complicated histories and changing definitions. “Capitalism” is one such example. In his new book, Capitalism: The Story Behind ...
Some people misunderstand the basic fundamentals of capitalism. As such, I feel it might be helpful to provide an example. Uber is a good illustration of capitalism at work. Beginning in San Francisco ...
In my view, Karl Marx's analysis of capitalism is really powerful and important. I think the best formulation of this analysis is in his book Capital, Volume 1. Joseph Kay recently wrote a blog post ...
Depending on which of the party leaders you asked in the December general election campaign, you would have been told that capitalism is either the best way to “support the poorest and the neediest in ...
Recently I had a conversation with a friend who was upset that a corporation was able to get the government to use its power of eminent domain to take the land from several people for a ...