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Free Market Capitalism

Super(natural) Markets

Glenn C. Altschuler | Posted 09.06.2016 | Books
Glenn C. Altschuler

Review of The Market as God. By Harvey Cox. Harvard University Press. 304 pp. $26.95. True faith, St. Paul once wrote, "is the evidence of things...

Employees Are Your Future

Peter A. Georgescu | Posted 04.27.2016 | Business
Peter A. Georgescu

The British Investment Association, with encouragement from the British Government, is now advocating against corporate "short-termism" while encourag...

Capitalism, Socialism and Communism

Henryk A. Kowalczyk | Posted 11.11.2015 | Politics
Henryk A. Kowalczyk

If asked, most people would likely declare that they know fairly well what the terms in the title mean. In the heat of the election year political deb...

Free Markets Ideology Is Making Society Sick

The Alternative Banking Group of OWS | Posted 10.30.2015 | Politics
The Alternative Banking Group of OWS

Free market ideology has so pervaded our culture that we aren't even aware of it. It is incorporated in the very language we use to discuss anything vaguely economic.

The Banksters New Fix

Creston Davis | Posted 05.21.2016 | Business
Creston Davis

It's time we seriously rethink how the finance industry actually serves society as a whole. Until now, the record against this industry and its inherent exploitative practices makes them much more a threat to the common good than a help.

The Fallacy in the Culture Wars: The Individual vs. the Collective

Dave Pruett | Posted 05.15.2016 | Religion
Dave Pruett

At the root of the culture wars lies a fundamental dichotomy in worldviews. Which is more essential to humanity: the individual or the collective?

A Call for Stakeholder Activists

Marc Benioff | Posted 04.04.2015 | Business
Marc Benioff

We now have an imperative to address expanding economic disparity and environmental hazards, which are adding fuel to geopolitical tensions around the world, and to reassess the role of business can play in improving the world for future generations.

Face It, Christians, You Don't Have Ten Commandments

Kate Blanchard | Posted 02.15.2015 | Religion
Kate Blanchard

Most American Christians systematically and shamelessly ignore at least three of the Ten Commandments, but it's difficult to imagine someone protesting over merely two or seven or eight commandments.

Why 68 Million of Us Will Soon Be Uninsured if Supreme Court Agrees With D.C. Think Tank

Wendell Potter | Posted 01.25.2015 | Politics
Wendell Potter

At least four million Americans will rejoin the ranks of the uninsured -- and consequently lose access to affordable health care -- if the Supreme Court sides with opponents of Obamacare in a case that hinges on the interpretation of a single sentence in the law.

Water: The Price Is Wrong

Benjamin Powell | Posted 08.19.2014 | Business
Benjamin Powell

As summer heats up, droughts across the nation are causing municipalities to restrict water usage. My town of Lubbock, Texas, is no exception.

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.

The Myth of the 'Free Market' and How to Make the Economy Work for Us

Robert Reich | Posted 11.16.2013 | Business
Robert Reich

One of the most deceptive ideas continuously sounded by the Right is that the "free market" is natural and inevitable, existing outside and beyond government. So whatever inequality or insecurity it generates is beyond our control.

The Psychosocial DNA of Capitalism

Said Elias Dawlabani | Posted 11.06.2013 | Politics
Said Elias Dawlabani

Yes, this means Obamacare, and yes this means taking care of our poor and less fortunate. But the government that we have today that is designed from the fourth level system -- whose values have been rendered obsolete and has been hijacked by lobbyists and special interest -- can't do it.

The 4 (or 5) Worst Market Failures in Human History

Stan Sorscher | Posted 11.04.2013 | Business
Stan Sorscher

A familiar mantra of capitalism guides me: Markets are powerful and efficient. But I'm also a realist, so I temper that mantra: Markets are powerful and efficient. And markets fail. However, American economists turn their heads away at the mention of it, because it sounds like heresy.

Does the Free Market Corrode Moral Character?

Victor Udoewa | Posted 11.03.2013 | Business
Victor Udoewa

I actually do not know what system would be better, though I am willing to work with others to create one. Perhaps, a possible solution is more subtle than a change of systems. One of the communal moral corrosions that I see all around will help explain this -- a lack of satisfaction.

Revisiting 'Resisting Republican Excess'

David Coates | Posted 10.20.2013 | Politics
David Coates

It is time, surely, for those of us who want to see important things done in Washington D.C. and in state capitals like Raleigh, North Carolina -- who want Washington and Raleigh to succeed -- to unite together to minimize the impact in both cities of those who want government to fail.

Reaganism, Capitalism and Sheilaism

Marty Kaplan | Posted 10.05.2013 | Politics
Marty Kaplan

Thanks to generations of hagiographic Republican politicians, and the press's lazy confusion of partisan mythmaking with historical facts, the retroactive meaning of Reaganism has come to include the triumph of religious faith over secular humanism, family values over hippie hedonism, the market over the state.

Capitalism as Our Greatest Hope

Jonathan Haidt | Posted 09.15.2013 | World
Jonathan Haidt

I think in the long run our greatest hope is capitalism. That might sound like a strange thing to many people now because America is engaged in a debate on the ethical nature of capitalism.

A Floor of Decency

Robert Koehler | Posted 07.02.2013 | World
Robert Koehler

The system is broken. It's eating us alive. We do not value human life -- or, for that matter, life itself -- at the core of our social structure. But even the immensely powerful among us affect to value it after the fact, as rescuers pull bodies from the rubble and the survivors wail.

Could a Patent Lawsuit Take Down the Bitcoin Exchanges Like MtGox?

Max Keiser | Posted 06.07.2013 | Business
Max Keiser

As bitcoin and the exchanges become more prevalent we'll see Wall Street and the central banks challenge the exchanges on intellectual property grounds.

A Buddhist and a Capitalist

Jeffrey P. Colin | Posted 04.27.2013 | Business
Jeffrey P. Colin

There is no reason why capitalism cannot be supported in a manner in line with the most basic of Buddhist beliefs. Capitalism recognizes human weaknesses and frailties, yet still provides opportunities for compassionate function.

Behind the Republican Rhetoric: The Misleading Appeal of Free-Market Capitalism

David Coates | Posted 01.23.2014 | Business
David Coates

At this moment, the U.S. economy is probably most properly described as a classic example of "crony capitalism." And if we are going anywhere new as an economy, we are in danger of heading to something even worse -- "vulture capitalism."

The End of Capitalism -- So What's Next?

Prof. Klaus Schwab | Posted 01.27.2016 | Business
Prof. Klaus Schwab

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.

Five Reasons Free Markets Don't Work in Health Care

Abdulrahman El-Sayed | Posted 06.05.2012 | Politics
Abdulrahman El-Sayed

Although an issue like health care certainly reflects many of the broader ideological schisms in our political debate, amiss in ideological debates like these is the technical reality of the unique challenge posed by health care.

The World's Leading Debtors and America's Exploding Debt Burden

Howard Steven Friedman | Posted 04.28.2012 | World
Howard Steven Friedman

How do we increase federal revenue in ways that don't hurt the fragile economy? How do we control federal spending without stomping on the sprouts of economic growth?