Trump’s Un-American Capitalism
The current US administration’s openly corrupt style of crony capitalism is the antithesis of the institutional foundation on which the US economy was built. Read More Here
Tag: capitalism
History Marches Past Davos
The World Economic Forum meeting in Davos will feature the usual pledges about stakeholder capitalism, purpose-driven business, and sustainable development. But without binding conditionalities, accountability frameworks, and risk-sharing that distinguish genuine value creators from rent extractors, it remains theater. Read More Here
Capitalism Is Driving Democracy’s Death Spiral
The post-election blame game in the United States will not only tear apart the Democratic Party, but will also distract from the elephant in the room. Democracy has been eroded by a socioeconomic regime that puts price signals above people’s needs, undermining the capacity for consensus and collective decision-making. Read More Here
Xi’s Tech Clampdown Signals End Of A Capitalist Era
China is so keen to maintain control over its sprawling and expanding economy that it’s even willing to go communist. For all the claims from Communist Party bigwigs that President Xi Jinping isn’t on an anti-wealth crusade, the losses are too jarring to dismiss as “capitalism doing its thing.” Read More Here
From California Capitalism To Bidenomics
The Biden administration’s ambitious spending and investment programs are precisely what the US economy needs to thrive in the twenty-first century. Best of all, the economic strategy now being pursued at the national level has already proven highly successful in the country’s wealthiest, most dynamic state. Read Here | Project Syndicate
Does America Really Need To Contain China?
China does not seek to head a new global order and exhibits few qualms about engaging in peaceful coexistence with democratic capitalism. Unlike the former Soviet Union, it is not a missionary state. Rather, in classic realist fashion, it aspires to maximize its power and influence, whenever and wherever it can, without incurring unsustainable costs […]
Thirty Glorious Years
How did western countries, in one quarter of the 20th century, manage to increase both equality and economic efficiency? Why did this virtuous combination ultimately fall apart by the end of the century? The answer lies in the awkward relationship between democracy and capitalism, the former founded on equal political rights, the latter tending to accentuate differences […]
Can Capitalist Democracy Survive?
The balance between capitalism and democracy has rarely been stable, but in recent decades it has tilted decidedly toward markets and the technocrats charged with regulating them. Against the background of an ascendant China, the question now is whether the eventual counter-movement will veer back toward democracy, or in a new direction entirely. Read Here […]
No, Capitalism Is Not To Blame For Climate Change
When the growth debate kicked off in the 1970s, most of the public still didn’t know anything about climate change. The Club of Rome researched resource consumption, overpopulation and pollution in a very broad sense. However, now that climate change has become an important political issue, we can learn a lot from that time. Most […]
Why Capitalism Needs Populism
Globalization, digital technologies, and other factors have allowed competitive US corporations to achieve market dominance. If the past is any guide, it is only right that these “superstar” firms should now be challenged by grassroots political movements protesting against an unholy alliance of private-sector and government elites. Read Here – Project Syndicate
looking beyond borders 