Stakes in private companies. Handshake deals with chief executives. The president’s economic policy has drifted far from principles that long defined the Republican Party. Is it capitalism at all?
Category: Capitalism (Theory and Philosophy)
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On Pennsylvania Ave., Michael Milken’s Curious Temple to the American Dream
A new museum created by the once imprisoned financier offers the financial elite’s take on the nation’s virtues.
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Why Warren Buffett’s Departure from Berkshire Hathaway Matters
Yes, he made lots of money. But the closely watched investor amassed a following by being a conscience of capitalism, and his exit raises questions about what’s next for his company.
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Robert W. McChesney, Who Warned of Corporate Media Control, Dies at 72
In over a dozen books, he explored the failures of journalism and the internet, blaming capitalism and calling for the nationalization of Facebook and Google.
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These Are Boom Times for ‘Degrowth’
The term has recently begun taking root in popular culture and policy.
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Wrestling With Inequality, Some Conservatives Redraw Economic Blueprint
A growing number of Republican politicians and theorists are challenging party orthodoxy on pocketbook issues, corporate power and government’s role.
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Can Shrinking Be Good for Japan? A Marxist Best Seller Makes the Case.
Kohei Saito says the country should seize this moment of demographic and economic challenge to reinvent itself through “degrowth communism.”
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Meet the Xi Jinping Loyalist Now Overseeing China’s Economy
The New York Times – Business:He Lifeng’s long career in government has spanned the extremes of China’s approach, from the early embrace of small business in the 1980s to today’s tighter state control.
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World Economic Forum in Davos Confronts a New Order
The New York Times – Business:The Covid-19 pandemic, invasion of Ukraine, trend toward autocracy and economic inequalities challenge the World Economic Forum’s relevance.