We have been hoodwinked into believing that a mutant form of capitalism espoused by Milton Friedman and promoted by President Reagan and every president since is acceptable.
Alan Singer | Posted 11.17.2009 | New York
Governor Paterson's proposal proposed budget cuts (and similar proposals in the other 49 states) are a recipe for an even worse economic disaster than we have had during the past year.
Huffington Post | Jessie Kunhardt | Posted 11.13.2009 | Books
There's a major panel discussion going on today in Washington, D.C. called "The Next Stage," in which economists are coming together to discuss the pr...
Fortune's Stanley Bing | Posted 11.11.2009 | Business
If they're publicly asking for $4 million, I'll bet we could get it for $3 million. Putting the plane itself up as collateral we could probably finance, say 85% of it. That's less than half a million.
Huffington Post/AP | Posted 11.12.2009 | Business
NEW YORK — After just three months as head of battered insurer American International Group, Robert Benmosche has threatened to leave his post a...
Judith Ellis | Posted 11.11.2009 | Business
Goldman Sachs executives are sounding more and more like televangelists who say things like "We are doing the work of the ministry" and "Give and it shall be given unto you."
David A. Love | Posted 11.09.2009 | Politics
Often, people will look at a high-profile example of corruption, and conclude that the egregious act is an exception to the rule. In reality, it might be the tip of the iceberg.
Bloomberg | Michael J. Moore and Ian Katz | Posted 11.09.2009 | Business
Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.'s investment bank, survivors of the worst financial crisis since the Great Depressio...
Leslie Pratch, Ph.D. | Posted 11.03.2009 | Technology
How about focusing our dollars on teaching methodology? Whether it be public, private, parochial, or charter, we are not leveraging computing and communications technology to the hilt.
Newsweek | Michael Hirsh | Posted 11.03.2009 | Politics
The abrupt and miserable end of the socialist experiment--it all happened so fast, with East Germany getting absorbed into West Germany on Oct. 3, 199...
Robert S. McElvaine | Posted 10.29.2009 | Business
In what must rank as one of the most ironic coincidences in history, "Happy Days Are Here Again" was recorded on the day that was to be called "Black Tuesday" and become synonymous with the with the onset of the Great Depression.
Leslie Pratch, Ph.D. | Posted 10.26.2009 | Business
The very rich and the very poor exist under capitalism and communism. We must look to the middle class, and its size and growth, to see the secret of capitalism.
Jim Selman | Posted 10.26.2009 | Living
I want to create a new organization to stamp out stupidity and indifference and restore common decency and goodwill into society. I think I'll call it the National Organization of Pissed-Off Elders (N.O.P.E.).
Raymond J. Learsy | Posted 10.23.2009 | Business
American capitalism has now become rotten to the core. Gone is the American capitalist impulse's unique sense of fair play and adherence to a level playing field, accessible to all.
Ben Cohen | Posted 10.21.2009 | Business
It turns out, Yahoo's profits are based almost entirely on the $169 million cost cutting measures it took (2,400 workers were let go), while of course protecting corporate bonuses.
Mitchell Markson | Posted 10.21.2009 | Business
While full-on capitalism may still be our love story (I hear you Michael Moore), a kinder, gentler, more benevolent and yet still profit-driven form of marketing and business is on the rise.
Patricia Martin | Posted 10.27.2009 | Business
98% of people who might otherwise be characterized as progressive (shopping green, recycling, and engaging in creative pursuits) agree with the statement, "My success depends on me."
Terry Leach | Posted 10.19.2009 | Politics
Policies skewed toward the maximization of profits for health insurance and, quite possibly, pharmaceutical companies, may not be good for American families.
David A. Love | Posted 10.15.2009 | Politics
American-style capitalism is the system that gives you pilots buying groceries with food stamps and sheriffs throwing families out of their homes. President Obama, it's time for a "new" New Deal.
Diane Francis | Posted 10.15.2009 | Business
An examination of the causes of the financial meltdown and proposals for reform to prevent new catastrophic bubbles from forming and bursting.
Richard Trumka | Posted 10.15.2009 | Business
Unions are popularly known as "the folks who brought you the weekend." In contrast, the U.S. Chamber of Commerce has the distinction of trying to take away a long and ugly list of benefits.
Michael Shermer | Posted 10.12.2009 | Politics
In Michael Moore's worldview, a goodly portion of the American people are ignorant, uneducated, clueless pinheads too stupid to realize the fundamental principle of a loan.
Allison Kilkenny | Posted 10.11.2009 | Politics
Today, the New York Times announced the 100th small bank failure of 2009. Don't expect any mourning. The bank isn't named "JPMorgan Chase."
Joel Epstein | Posted 10.09.2009 | Business
According to a recent report the number of millionaire households around the world fell from around 11 million in 2007 to 9 million last year. The only region going the other way -- Latin America.
Joseph A. Palermo | Posted 10.10.2009 | Politics
The only distinguishing feature of the Americans for Prosperity Foundation's "National Defending the American Dream Summit" was its astonishing homogeneity both in thought and in demography.
John Perkins | Posted 11.18.2009 | Business