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Capitalism

Political Nomenclature; Or, Who Am I, Anyway?

Mark Axelrod | Posted 05.25.2011 | Politics
Mark Axelrod

I'm a progressive. Or am I a liberal? Or am I a socialist? On some issues I'm more conservative, so am I a progressive neocon or a social democrat or a democratic socialist?

PHOTOS: Chris Ware's REJECTED Fortune Cover

Posted 05.25.2011 | Chicago

When Fortune magazine asked comic book artist and Oak Park resident Chris Ware to design the cover of their "Fortune 500" issue, they were probably no...

Is There Morality in Profit-Motivated Societies?

Mark Olmsted | Posted 11.17.2011 | Healthy Living
Mark Olmsted

A world in which making money reigns as a supreme expression of morality would be a sorry utopia indeed. Greed may be inevitable, but it isn't the only factor.

Coddling Capitalism

Sally Kohn | Posted 05.25.2011 | Politics
Sally Kohn

As Americans, we buy a lot of crap, but we've finally stopped buying the lie that capitalism in its current form works in our collective best interest.

Ancient Oceans

Robert Koehler | Posted 05.25.2011 | Religion
Robert Koehler

A prayer for forgiveness, a vow to buy locally, bike more and live with greater eco-awareness goes only halfway into the problem. As long as BP chooses not to pray for forgiveness as well, little will change.

Foreclosing on America: Edda Lopez vs. Bank of America

Sally Kohn | Posted 05.25.2011 | Politics
Sally Kohn

When I first arrived at Edda Lopez's house, I wondered how this elderly woman lives on the second floor of her elevator-less home despite being wheelc...

Capitalism for All?

Matt Fellowes | Posted 05.25.2011 | Business
Matt Fellowes

American consumers are needlessly losing hundreds of billions of dollars in unnecessary banking and checking fees, inflated interest rates, and missed opportunities.

An Open Letter to Michael Moore

Jack Nadel | Posted 05.25.2011 | Business
Jack Nadel

We cannot paint all of capitalism with one bad brush stroke. As a card carrying capitalist, I have produced many products and services and provided thousands of jobs over the past 60 years.

First, Do No Harm

Robert Koehler | Posted 05.25.2011 | Green
Robert Koehler

What if that phrase, which is the byword of many professions, became a sort of operating principle with which to proceed, individually and collectively, into the future?

Hey, Free Marketeers, the Burden of Proof Is on You

Philip Goldberg | Posted 05.25.2011 | Business
Philip Goldberg

Here's my modest proposal: corporate big shots should create a self-policing body with real teeth. After all, many professions have organizations that hold their members accountable.

Nike, Tiger Woods, and the Commodification of Contrition

Arthur Goldwag | Posted 05.25.2011 | Media
Arthur Goldwag

Screwing cocktail waitresses while promoting yourself as a paragon of focus and discipline may not be admirable or edifying, but it falls within the purview of human fallibility Channeling your dead Dad to sell shoes is something else altogether. If nothing else, it lays bare the ethos of the marketplace.

Capitalism's Achilles Heel: The Cassano Loophole

Cenk Uygur | Posted 05.25.2011 | Business
Cenk Uygur

Jospeh Cassano was the head of AIG's Financial Products Unit. They are the ones that made about a trillion dollars worth of bets in credit default swaps. They lost. Except because of the Cassano loophole, they won.

The Power Of Political Myth

Ian Bremmer | Posted 05.25.2011 | Books
Ian Bremmer

Over the course of my book tour, I've gotten a thousand different kinds of questions. But there are two recurring themes in some of them that I want t...

What the "A" Stands for in CapitalAism

Frank Dwyer | Posted 05.25.2011 | Politics
Frank Dwyer

BP's Hayward proves again: every bottom line comes with an asshole....

Kibbutz Experiment is 100 Years Old

Yermi Brenner | Posted 06.14.2011 | World
Yermi Brenner

Shared consumption and production is a nice idea -- but it's ultimately unrealistic, especially when surrounded by an intensively capitalistic environment, as there is in Israel today.

Why the Indian Premier League Scares Even a Committed Capitalist

Samanth Subramanian | Posted 05.25.2011 | World
Samanth Subramanian

When I watch the Indian Premier League tournament now, I do so with both fascination and repugnance. It's a symbol of capitalism gone horrifically wrong.

'The Road From Ruin': 10 Ways You Can Fix The Economy And Build Popular Capitalism

Michael Green | Posted 05.25.2011 | Books
Michael Green

It will not be easy for ordinary citizens to defeat the entrenched interests on Wall Street and in Washington, but things certainly won't change unless we take up the challenge.

How Much Would You Pay For Your Next Breath Of Oxygen? When Capitalism Fails

Howard Steven Friedman | Posted 05.25.2011 | Politics
Howard Steven Friedman

Phil began grilling me, "the US economy should rely on pure free market capitalism for everything. Anything involving the government is wasteful and ...

How Soon Until the Free Market Stops the Oil Spill?

Bob Cesca | Posted 05.25.2011 | Politics
Bob Cesca

This is a spoiled, petulant and entitled corporation operating in a largely deregulated free market atmosphere. Are we to believe that it's acting responsibly and with the best interests of the Gulf in mind? Not a chance in hell.

On This Memorial Day

Dr. Vladimir A. Masch | Posted 05.25.2011 | Business
Dr. Vladimir A. Masch

In their obsession to privatize economic life, wishing to maximize profits, or to help -- perhaps -- people in developing countries, mainstream economists are ready to sacrifice a lot. Very noble and Nobel. A lot of other people, of course.

Haiti vs. Chile: The Earthquake Olympics

John Feffer | Posted 05.25.2011 | World
John Feffer

Why did Chile suffer so much less than Haiti -- democracy? Capitalism? Divine intervention? The real real reasons for the disparity between the effects of the two quakes are considerably more prosaic.

Economics for a New Century

Ann Lee | Posted 05.25.2011 | World
Ann Lee

The U.S. needs to get religion in the form of a new economic ideology to realign our priorities.

'The Road from Ruin': First, Do No Harm: Managers Need a Hippocratic Oath

Angel Cabrera, Ph.D. | Posted 05.25.2011 | Books
Angel Cabrera, Ph.D.

As true professionals, business leaders must accept their responsibility to create real, sustainable value.

President Obama Should Embrace the Socialist Label

Mark Joseph | Posted 05.25.2011 | Politics
Mark Joseph

If Obama wants to be a transformational President like Ronald Reagan, inspiring a new generation of Americans to believe as he does, he would be wise to own the label and change the public perception of it rather than running from it.

Why High Pay is Bad for Capitalism

David Bolchover | Posted 05.25.2011 | Business
David Bolchover

Too often, capitalism's strongest supporters defend high executive pay, especially in the finance sector, in the belief that they are upholding the principles of the free market. This is a grave mistake.