It has never been capitalism or even the financial industry being attacked when Bain's style of operating is the subject: it is the worst kind of vampire capitalism that the Obama campaign is going after.
Growing up in the '80s my introduction to capitalism was very much of the red-braces, huge mobile phones and Porsche 911 variety. Competition was good, and the more competition there was, the better it was for everyone, right?
The business model that Romney oversaw at Bain, especially the Leveraged Buyout, was questionable at best and destructive at worst, and he cannot pretend that the dangers of Bain's investment methods were unknown to him.
Just imagine how fast financial institutions, health care delivery, and public education would improve if leaders forced themselves to have their and their families' interests completely aligned with those of their constituents as well.
Greeks must decide to stay or go. Perhaps that is why it failed to come before the people. Perhaps that is why, when on May 6 the election was played out in a way that minimized the literal and more important question -- "Do you want to adopt the new agreement?" -- it failed again.
The ways in which an entrepreneur might best connect with venture capitalists has been covered by a number of other VCs across the web, but we thought it might be helpful for entrepreneurs to put this question into context by providing actual operating data regarding deal flow for our firm.
Innovation and progress requires experimentation -- trial and error. Unfortunately, for entrepreneurs with ideas for "startup countries," there's no way for them to experiment. It's not like the software industry where all you need is a laptop.
This is not a story about race, although it may seem so at first. I will leave that reflection for another day. Instead, it is about how a country chooses to embrace and create solutions when faced with something that has impacted each of us personally.
While the GOP prances around Washington on a religious moral high-horse calling upon the sanctity of marriage, the GOP also hypocritically picks and choses what morals are convenient for the purposes of winning votes.
We have to begin thinking and organizing ourselves beyond the arbitrary constraints of nations and beyond our current, resource-devouring economic system. We have to imagine a global culture that doesn't pit humanity against nature.
A corporation that knowingly breaks the law will find ways to profit through illegal means that are not available to competitors. As a consequence, the competitive playing field is biased toward the company that does not need to follow the rules.
Even though capitalism has not been laid to rest, it is fair to say that capital is losing its status as the most important factor of production in our economic system. Capital is being superseded by the ability to innovate -- and therefore by human talents.
I really don't blame them, these corporations. They're old men trying to make a living in a young economy. If our business models were as terrible as theirs, we'd fight in support of protectionist legislation, too.
Global capitalism -- including in China, despite its self-styled socialism with Chinese characteristics" -- is in its most severe crisis since the great crash of the 1930s. The question is, can any country make a system with serious built-in flaws function for all of its people?
In the same way that the Internet radically reduced entry costs in generating and disseminating information, giving rise to new businesses like Google and Facebook, additive manufacturing has the potential to greatly reduce the cost of producing hard goods.
There is no economy without government; there is no America without government. If all this seems a little elementary, it serves a point. The language we use suggests at the outset an assumption that government should be limited.
Amid a struggling economy and a ballooning student debt crisis, parents and students are reevaluating the merits of a college education. There is no simple answer, because the return on investment depends on what you study.
The right pushes a delusional narrative of a country divided between "makers and takers" -- productive go-getters versus welfare-hungry sloths. But it's all too clear who the real takers are: the ones who make it harder for everyone else to make a living.