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
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 Covid-19 pandemic, invasion of Ukraine, trend toward autocracy and economic inequalities challenge the World Economic Forum’s relevance.