This Mao Ain’t Going Nowhere

With his image gracing bank notes and staring out from Tiananmen Gate, Mao Zedong remains a constant presence in China 120 years after his birth, revered as a hero who founded the communist state and restored national pride – even as China moves ever further from his vision of a communist society. Read Here – AP

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Capitalism Under Fire

It’s five years since the collapse of Lehman Brothers, on 15 September 2008. Since then, the legitimacy of capitalism as a way of organising society has been undermined; its promises of prosperity, social mobility and democracy have lost credibility. But there has been no radical change. The system has repeatedly come under fire, but it has […]

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Questioning Capitalism

“Capitalism in Question” sounds like a consciousness-raising session from Occupy Wall Street. But it also happens to be the theme of this year’s annual meeting of the Academy of Management, an association of management professors with more than 19,000 members in over 100 countries. Read Here – Businessweek

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The New Delhi Consensus

One of the more remarkable (though largely unremarked) developments in recent Indian politics has been the startling shift in the country’s discourse about capitalism. As in many developing countries, “self-reliance” and economic self-sufficiency were India’s national mantras after independence – and, in India’s case, remained so for more than four decades. Whereas most Westerners axiomatically […]

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What the Right and the Left Get Wrong

Recent political debate in the United States and other advanced capitalist democracies has been dominated by two issues: the rise of economic inequality and the scale of government intervention to address it. As the 2012 U.S. presidential election and the battles over the “fiscal cliff” have demonstrated, the central focus of the left today is […]

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Why China and the U.S. Can Be Capitalist Comrades

China’s growth has slowed a bit this year, but the surge in vivid predictions about the country’s future continues to amaze observers. This observer, at any rate. Experts foresee imminent financial collapse or an uninterrupted rise to economic preeminence. The ruling Communist Party will either loosen or tighten its grip. The consequences for the U.S. […]

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