Capitalism is not, as its defenders like to claim, defined by “free” or “private” enterprises. Likewise, “free” or “unregulated” markets do not define capitalism. Politics and ideology drive its ...
Stakeholder capitalism is often interpreted as redistributing value away from shareholders and towards stakeholders. But the best way to repurpose capitalism is to ensure that it serves both. Ever ...
Capitalism isn’t what it used to be. Since 2008, critics of the world’s dominant economic system have been lamenting its imperviousness to change. And for good reason. In earlier epochs, financial ...
To Thomas Carlyle, it was “one of the shabbiest gospels ever preached”. Adam Smith was an early fan, but was still suspicious of those who practised it. Rosa Luxemburg thought it fuelled imperialism ...
Among the scourges of racial oppression, 17th-century Barbados was an island unto itself, a British colony that operated on its own insidious principles, turbo-charging vast wealth on the bodies of ...
For years, Republicans have disparaged their political rivals by describing them as socialists. But that may not be the insult it once was for rank-and-file Democrats, who have warmed to socialism and ...
Pew Research Center conducted this study to better understand how the public views socialism and capitalism. For this analysis, we surveyed 7,647 adults from Aug. 1-14, 2022. The survey was primarily ...
Republicans express intensely negative views of “socialism” and highly positive views of “capitalism.” By contrast, majorities of Democrats view both terms positively, though only modest shares have ...
President Donald Trump declared that America will never be socialist. He’s beating up a strawman, since there has never been a fully socialist country. That’s because, throughout history, every ...