America wasn’t always like this. After World War II, the economy was built on ownership, competition, and rising wages. Today, it runs on something very different: financial mistakes. Consumer debt ...
Sven Beckert, a Harvard professor, has written a very long history of capitalism. As its subtitle suggests, ‘Capitalism: A ...
The Wealth of a Nation: Institutional Foundations of English Capitalism, by Geoffrey M. Hodgson, Princeton University Press, 304 pages, $39.95 A galaxy of brilliant scholars have tried to account for ...
Business Insider spoke to readers in their 20s to 80s about what capitalism means to them and why some of them are rethinking ...
Capitalism is an efficient economic system because it works directly off consumer needs and delivers supply where there is demand in pursuit of profit. The question is not whether capitalism works, ...
“Prediction is hard, especially about the future,” the saying goes. Certainly, looking ahead 50 years from 1975, economic prophets would have been hard-pressed to foresee the waves of deregulation, ...
A growing number of states require high schools to teach the basics of free-market capitalism in their financial literacy ...
Forbes contributors publish independent expert analyses and insights. Author, professor and founder. Deeply curious about leadership. Churchill once quipped that democracy was “the worst form of ...
Donald Trump’s success at compelling some American corporations to accept partial government ownership is neither communism nor socialism, as various market fundamentalists have fretted. As I’ve noted ...
President Donald Trump’s increasing control over businesses and the economy is being described by some commentators as “state capitalism”—a mix between socialism and capitalism. But the term “state ...
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