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 ...
In his annual letter to CEOs this year, BlackRock CEO Larry Fink urged other chief executives to harness the "power of capitalism" to influence society and serve as a catalyst for positive change.
Stakeholder capitalism is often interpreted as redistributing value away from shareholders and towards stakeholders. But the best way to repurpose capitalism is to ensure that it serves both. Ever ...
Today's definition of capitalism needs an overhaul because of income inequality, billionaire hedge fund manager Paul Tudor Jones tells CNBC. "Capitalism may need modernizing," the reclusive trader ...
Thirty years on from the collapse of communism in Europe, the Western market system is the only viable game in town, and yet it’s beset by a host of economic, social and political challenges. This is ...
Yesterday I claimed that most people on the left and right recognize that economics and morality can’t be safely quarantined from each other. But whereas those on the left usually start with questions ...
Lately, an unusual series of pundits have been discussing problems in the U.S. economy, and how capitalism is failing a majority of market participants. Even staunch supporters of capitalism — people ...
As far as the United States is concerned, today’s Left is not only small, it’s also quite confused. Sure, there are debates regarding the conflict being fought in Ukraine and the wisdom of organizing ...
This op-ed from Bloomberg has been making the rounds this morning, and its naivete is getting dunked on by almost every progressive in my Twitter feed. Capitalism isn’t working right. The U.S. economy ...
“Any book about capitalism that begins almost 900 years ago in the port city of Aden, in what is now Yemen, promises a new story,” said Marcus Rediker in The New York Times. Harvard historian Sven ...
”Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the ...
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