Tag Archives: capitalism

The Harsh Realism of Adam Smith

Adam Smith was no blind worshipper of the market economy. He pointed to many of the deformations of human behavior that we still deplore today.

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US Campaign Finance: Reining In America’s Oligarchs

Why can’t the U.S. follow the example of other, truly democratic nations in limiting the influence that very rich people can have on elections?

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Davos is Trump’s Kind of Town

As the wealth of two-thirds of the world’s billionaires is based on inheritance, monopoly and cronyism, Trump will be among friends in Davos.

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Wall Street Impunity: Why Kleptocrats Love America

Those at the top of Wall Street finance know that what they do may be wrong – but not necessarily illegal. And so they carry on, under the “watchful” eye of US authorities.

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Liquid Capitalism: Making Sense of Davos

Living under the modern conditions of “liquidity,” humans know that everything can happen—yet nothing can be done with confidence and certainty.

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Donald Trump and His Banana Republic

To Trump, the broad masses of the American people are ultimately no better than Mexico’s poor. All he really desires is the approval of the billionaire class.

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The New York Times and the Looting of America

Amidst a reactionary revolution without precedent, the Democrats and the mainstream media only exhibit cluelessness, if not complicity.

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Gross Imaginary Product: Welcome to the Brave New World

From the United States to Japan and Europe, Gross Imaginary Product has exploded everywhere real interest rates have been kept below zero.

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Tackling Global Inequality

Why can’t 20th century tools be used to address 21st century income inequality?

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What Comes After the Second Gilded Age?

Stagnation and inequality could lead to a Second Progressive Era in the United States – or something far more dangerous instead.

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