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
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
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 […]
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 […]
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 […]
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 […]
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
As the maladies of modern capitalism have multiplied, fundamental questions about the future of the world’s dominant economic model have become impossible to ignore. But in the absence of viable alternatives, the question is how to reform a system that is increasingly at odds with democracy. Read Here – Project Syndicate
Friedman had discovered in human capital theory more than just a means for boosting economic growth. The very way it conceptualised human beings was an ideological weapon too, especially when it came to counteracting the labour-centric discourse of communism, both outside and inside the US. Read Here – Aeon
The People’s Daily is no ordinary newspaper. It is held out as a trumpet of the ruling Communist party to transmit orders and synchronize political views. The consecutive release of ideologically charged and aggressive articles is a strong signal that the Party is on the defensive. Read Here – Tealeafnation
looking beyond borders 