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Capitalism

The New Entrepreneur Path for Building a Profitable Conscious Business

J V Crum III | Posted 08.10.2014 | Business
J V Crum III

When we take a birds-eye view of capitalism, and the ways it has evolved since the mid 18th century -- it becomes clear that, for the most part, the singular focus has always been on creating higher profits.

Solidarity Economies: A Guerrilla War Against Capitalism

Beverly Bell | Posted 08.10.2014 | Politics
Beverly Bell

An interview with Nicolás Cruz Tineo by Beverly Bell and Jessica Hsu Nicolás Cruz Tineo is an economist and director of the Dominican Republic-ba...

America's New Wealthy Have so Little to Offer Society

Sean McElwee | Posted 08.10.2014 | Politics
Sean McElwee

Today, instead, we have a wealthy class with the culture of new money and innovativeness of old money (i.e., rather little of either). This new rentier class, with little to offer society, subsists largely on legalized grift or, in economic terms, rent.

What If Every Business Is a Social Business?

Matt Murrie | Posted 08.06.2014 | Impact
Matt Murrie

Successful business concepts are those that best solve the needs of others. It takes a tremendous amount of empathy to truly understand others' needs -- and shift with them as their needs change.

Google, Capitalist Dilemmas and Corporate Purpose: What We Want From Business?

Judith Samuelson | Posted 08.02.2014 | Business
Judith Samuelson

We are in great need of leaders in business, finance and in the classroom who will take a different path.

Thomas Piketty and Capitalism Beyond the 21st Century

Harlan Green | Posted 07.26.2014 | Business
Harlan Green

Thomas Piketty's Capital in the 21st Century is about more than proving that wealth inequality built up over centuries under so-called free market capitalism, or its social democratic versions in Europe, has to be its natural state.

This Is Not a Transition

John Feffer | Posted 07.23.2014 | World
John Feffer

If the origins of the "transition" were hazy, the trajectory was even more so. Yugoslavia's "transition" was certainly very different from its neighbors, for it seemed to move directly backward from the 1990s into the blood politics of the 1940s.

Arguing Taxes, Transfers, and Market Outcomes

Jared Bernstein | Posted 07.22.2014 | Business
Jared Bernstein

Scott Winship is one of a number of analysts who criticize Thomas Piketty's work for focusing largely on market incomes, thus leaving out the impact of taxes and transfer payments. Include those sources, these critics assert, and trends appear considerably more favorable than Piketty's data show.

The Central Contradiction of Capitalism that Piketty Overlooked

John Fullerton | Posted 07.22.2014 | Business
John Fullerton

While it is true that the long-term dynamics of unequal wealth distribution are indeed unsustainable and unconscionable, a reality much less obvious is buried in the data

'The Main Street Plan' -- How the Federal Reserve Can Put America Back to Work

Tom Pappalardo | Posted 07.22.2014 | Business
Tom Pappalardo

The focal point of it is for the Federal Reserve Bank to make available to member banks very inexpensive money on the condition that this money be used for business growth and expansion in America. This money must include the hiring of long-term unemployed workers.

The Practical Choice: Not American Capitalism or 'Welfare State Socialism' but an Economy That's Working for a Few or Many

Robert Reich | Posted 05.21.2014 | Politics
Robert Reich

For years Americans have assumed that our hard-charging capitalism is better than the soft-hearted version found in Canada and Europe. American capitalism might be a bit crueler but it generates faster growth and higher living standards overall.

Will the Rich Always Get Richer?

Laurence J. Kotlikoff | Posted 07.19.2014 | Business
Laurence J. Kotlikoff

Extreme private wealth inequality is a fact of economic life in most countries. The U.S. is a prime example. The top 1 percent of wealth holders own almost 40 percent of all wealth. And the top 10 percent hold almost 90 percent. What should we make of this?

The Dalai Lama and Adam Smith

Ira Millstein | Posted 07.16.2014 | Business
Ira Millstein

I do believe that to restore "trust" in the financial sector, a new hard look is required. It is important to change priorities and develop moral empathy and conscience.

Pernicious Moms Threaten Capitalism

Rebecca Todd Peters | Posted 07.15.2014 | Parents
Rebecca Todd Peters

If you accept the position that the only thing corporations should care about are profits, then a trend that decreases profits might be thought of as harmful. But the only perniciousness that I see is the inherent danger of a profit-only mentality that views a thoroughly wholesome, healthy, environmentally beneficial trend like parents making their own baby food as pernicious.

Development, Corruption, Hindutva -- Indian Elections 2014

Chaitanya Kumar | Posted 07.14.2014 | World
Chaitanya Kumar

In this politically charged atmosphere, I experienced sparks of madness and maturity that were exhibited by the people in Benaras.

I Like Jane Austen's Novels, But I Certainly Don't Want to Live Like That

Heather Boushey | Posted 07.13.2014 | Politics
Heather Boushey

I would like to encourage more women, and especially more feminists, to pick up Piketty's tome and give it a read. It's a good book and what you learn may be quite important for your and your children's economic future.

The Marx Brothers? Pope Francis and Thomas Piketty Both Want to Redistribute Wealth

Rev. Dr. Susan Brooks Thistlethwaite | Posted 07.11.2014 | Religion
Rev. Dr. Susan Brooks Thistlethwaite

What does it mean when the world hears the same message from the Catholic Pontiff and a French economist?

Capitalists in the 21st Century: Workers Must Step Forward

Frank Islam | Posted 07.09.2014 | Business
Frank Islam

With the rare exception, however, we don't see much of an appetite from the wealthiest capitalists here in the U.S. to engage in a new form of capitalism that would "redistribute" or change the manner in which income or wealth is presently being shared.

Economic (And Other) Impossibilities For Our Grandchildren

Jules Peck | Posted 07.08.2014 | Business
Jules Peck

Many of us have probably had the most comfortable lives ever lived. But as a society we are asleep at the wheel. And our apathy is to blame for the reckless way society is currently set up.

This Is Pop: Take It or Leave It

Marcel Hidalgo | Posted 07.05.2014 | Arts
Marcel Hidalgo

If you know nothing about the band Latimer House from Prague and their debut, All The Rage, a look at the cover art might have you expecting a Dali-esque sound paradox, a collage of varied distorted sounds creating a new whole.

Hate the Gays, Hate the Capitalists

James Peron | Posted 06.30.2014 | Gay Voices
James Peron

Mississippi, a state that tends to be at the bottom of every index of states -- where bottom is not good -- has passed a misnamed Religious Freedom Restoration Act. Like most government legislation, the name has nothing to do with its actual intent.

Ryan Grim

Elizabeth Warren Simplifies Thomas Piketty: 'Trickle Down Doesn't Work. Never Did'

HuffingtonPost.com | Ryan Grim | Posted 04.25.2014 | Politics

The No. 2 author on Amazon's best-seller list, Sen. Elizabeth Warren, weighed in Thursday night on the No. 1 book, identifying overlapping themes. ...

Non-Status-Quo Economy

Zilong Wang | Posted 06.21.2014 | Business
Zilong Wang

Our modern, industrial-growth civilization is sick. In both senses of the word, it is ill and sickening. It is the cause and the effect. There is no need to run through the list of deep problems in our economy, society, ecosystem and spirituality -- our collective consciousness.

Economic Policy in a Post-Piketty World

Dean Baker | Posted 06.22.2014 | Business
Dean Baker

If we want to counter the rise in inequality that we have seen in recent decades, we are going to have to find other mechanisms for reversing this upward redistribution than a politically infeasible global wealth tax. Specifically, we will have to look to ways to reduce the rents earned by the wealthy.

Pity the Poor Exorbitantly-Paid CEOs

Robert J. Elisberg | Posted 06.21.2014 | Business
Robert J. Elisberg

Being paid exorbitant bonuses for failing is the problem. Not that people who succeed didn't help the needy enough.