Capitalism is not, as its defenders like to claim, defined by “free” or “private” enterprises. Likewise, “free” or “unregulated” markets do not define capitalism. Politics and ideology drive its ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Trust in capitalism has especially diminished among young people, to ...
Yet, it has become common jargon, often used when policymakers load up legislation such as the Democrats’ $3.5 trillion tax-and-spend bill with crony policies. Capitalism and our free enterprise ...
Advocates of the “political capitalism” and “monopoly capital” theories argue that capitalism is stagnating, increasingly unproductive, and dominated by rent-seeking. These are flawed diagnoses that ...
Capitalism isn’t what it used to be. Since 2008, critics of the world’s dominant economic system have been lamenting its imperviousness to change. And for good reason. In earlier epochs, financial ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. From Davos to Washington to America's high school classrooms, people are questioning the foundations ...
Modern historians rarely have told the truth about the history of capitalism, and especially in the early days of the ...
For years, Republicans have disparaged their political rivals by describing them as socialists. But that may not be the insult it once was for rank-and-file Democrats, who have warmed to socialism and ...
In his new book, State Capitalism: How the Return of Statism is Transforming the World, Council on Foreign Relations Senior Fellow for Southeast Asia Joshua Kurlantzick analyzes the rise in state ...
While the term has largely gone out of style, robber baron was an expression used to negatively describe powerful American businessmen of the 19th century. It was applied to those who were viewed as ...
This is read by an automated voice. Please report any issues or inconsistencies here. See more from the L.A. Times in Google Search. Set us as preferred To the editor: Americans aren’t choosing ...