Tag Archives: capitalism

Karl Marx and Milton Friedman: What They Got Right

People on the left and the right view Marx and Friedman as true icons of their causes. The two men are rarely mentioned for their similarities.

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Klaus Schwab and the World Economic Forum Run Away from Their Past

We are no fans of neo-liberalism. But look who is now suddenly disavowing it.

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Dateline US: Economic Power for the 99%

Economic shame haunts hard-working Americans. They ask themselves why they can’t do as well as their parents.

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How Financial Triumphalists Destabilize the US Economy

As long as the Wall Street triumphalists’ unreflected “why worry?” thinking remains the norm, the urgently needed pursuit of a U.S. economic reform agenda will go nowhere.

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US: A Country Rooted in Unfairness

The COVID 19 pandemic is highlighting U.S. shareholder capitalism’s gross inequities.

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March 23, 2020: The Day the US Economy Did Not Crash

The day when Fed Chairman Jerome Powell rode in to rescue financial markets to prevent their complete freezing up could have entered our history books as another global mega-crash.

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Kent State at 50: An America Even More Divided

Is it possible that U.S. society is more divided today than it used to be at the height of the anti-Vietnam war protests in the late 1960s?

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The West and Japan’s Response to Cheap Money

In every culture, low interest rates impact the fabric of society and mindsets in distinct ways. Each country thus develops its unique manifestation of nihilism.

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Why Negative Interest Rates Are So Pernicious

Interest rates are the mechanism by which risk links the world of economics and society.

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Economism Vs. Culture: Who Wins?

What are the real driving forces of British politics? Reflecting on the Tory victory in the UK’s 2019 general election.

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