Capitalism

Stimulus, Schmimulus -- We Need Jobs to Build a Sustainable Economy

Charlie Cooper | Posted 12.31.2009 | Politics

Read More: Jobs, Economic Stimulus Package, Capitalism, Economy, Climate Change, New New Deal, Financial Crisis, Health Care, Sustainable Economy, Politics News

We can return to full employment by creating jobs that lay the foundation for shared prosperity, or we can wait for the captains of capitalism to rescue us under the same trickle-down paradigm that has failed so spectacularly.

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Everything They Do, You Do

Jonathan Daniel Harris | Posted 12.31.2009 | Impact

Read More: Starbucks, Aig, McDonald's, Capitalism, Starbucks Cups, Exxon Mobil, Conservation International, Impact News

I went to Starbucks and on the back of my cup it said, "Everything we do, you do." It's a nice thought, but it works the other way as well. What if McDonald's, Exxon Mobil, or AIG had "Everything we do, you do" as their slogan?

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Robert Shiller: Market Bubbles Part Of Human Psychology, Won't Be Eradicated

newsweek.com | Robert Shiller | Posted 12.30.2009 | Business

Read More: Great Depression, Economic Bubble, Free Market Capitalism, Market Bubbles, Economy, Efficient Markets Theory, Case-Shiller Index, Bubble Economy, Capitalism, Robert Shiller, Housing Bubble, Business News

When it comes to market bubbles and how they are created, very little, if anything, has changed. This is because human psychology has not changed. Mas...

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Empower Stockholders To Dictate Executive Salaries

Jerry Chautin | Posted 12.18.2009 | Business

Headlines shout about overly generous executive compensation packages. Some say it is disgusting, obnoxious and egregious.

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China Dams the World: an Eyewitness Account

Peter Bosshard | Posted 12.14.2009 | Green

Read More: Green, International Rivers, Dams, World, China, The Gorges, Dam, Capitalism, Green News

Karl Marx wrote, "the last capitalist we hang shall be the one who sold us the rope." In a modern formulation, the last capitalist to be drowned in a reservoir may well be the one who sold China the turbines.

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The Attack Of The Killer Holiday E-Discounts

Fortune's Stanley Bing | Posted 11.30.2009 | Business

Read More: Consumerism, Holiday Discounts, Marketing in Your Face, E-Mail, Cyber Monday, Marketing, Xmas, Capitalism, Business News

This news arrived via e-mail just this morning: Canon USA wants me to Wrap Up All My Holiday Shopping right now, and has many ways for me to save money.

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ReThink Interview: Philippe Diaz (part 1) -- The End of Poverty? and How It Started

Jonathan Kim | Posted 12.07.2009 | Entertainment

Read More: Starvation, Debt, The End of Poverty?, Colonialism, The World Bank, Poverty, Slavery, Sustainability, Rethink Reviews, Philippe Diaz, Documentary, Imf, Capitalism, Jonathan Kim, Entertainment News

What causes global poverty? Why do the countries of the northern hemisphere enjoy so much wealth while over a billion people in the southern hemispher...

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Economic Meltdown -- A Call for Systemic Change

John Perkins | Posted 11.18.2009 | Business

Read More: John Perkins, Capitalism, Omar Torrijos, Economic Crisis, Financial Crisis, Business News

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.

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Geese, Ganders and Governors

Alan Singer | Posted 11.17.2009 | New York

Read More: John Maynard Keynes, David Paterson, School Reform, New York Budget, Economic Stimulus, Economic Recovery, Education Reform, Capitalism, Recession, New York News

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.

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7 Great Books By Economists

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...

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Let's Buy Donald Trump's Jet!

Fortune's Stanley Bing | Posted 11.11.2009 | Business

Read More: Private Jets, Gross Excess, Capitalism, Social Responsibility, Donald Trump, Business News

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.

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WSJ: AIG CEO Robert Benmosche Ready To Quit Over Pay Constraints

Huffington Post/AP | Posted 11.12.2009 | Business

Read More: Geithner, Regulation, Credit Default Swaps, Obama, White House, Bailout, Insurance, Treasury, Benmosche, Wall Street, Robert Benmosche, New York, AIG Bailout, House, Kenneth Feinberg, Financial Reform, Aig, Metlife, Capitalism, Tim Geithner, Financial Regulation, Executive Compensation, Liddy, Barack Obama, Banks, Socialism, Bonuses, Ken Feinberg, Executive Pay, Edward Liddy, Senate, Business News

NEW YORK — After just three months as head of battered insurer American International Group, Robert Benmosche has threatened to leave his post a...

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The Proselytizers: Wall Street Executives and Televangelists

Judith Ellis | Posted 11.11.2009 | Business

Read More: Democracy, Christianity, Goldman Sachs, Brian Griffiths, Free Market, Capitalism, Jesus Christ, Televangelists, LLyod C. Blankfein, Business News

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."

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Absolute Corruption Is the Rule in America

David A. Love | Posted 11.09.2009 | Politics

Read More: Treasury Department, Capitalism, Wall Street, Blue Dogs, Health Care Reform, Max Baucus, Bernard Madoff, Joe Lieberman, Health Care, Healthcare, Blue Dog Democrats, Corruption, Citibank, Bank Bailout, Stock Market, Corporations, Banking Crisis, Sec, Corporate Greed, Citigroup, Regulation, Madoff Ponzi Scheme, Ponzi Scheme, Deregulation, New York, Criminal Justice System, Glass-Steagall, Politics News

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.

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Wall Street's Record Bonuses Return: Analysts Predict $30 Billion In Bonuses At Big 3

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...

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Lessons For US Economic Policy From The Fall Of The Berlin Wall

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...

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"Black Tuesday" and "Happy Days Are Here Again" at 80

Robert S. McElvaine | Posted 10.29.2009 | Business

Read More: Income Distribution, Labor Unions, Black Tuesday, Tax Rates, Happy Days Are Here Again, 1929 Stock Market Crash, Socialism, Capitalism, Free-Market Economics, Barack Obama, Recession, Great Depression, Financial Crisis, Wall Street Crisis Mccain, Business News

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.

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N.O.P.E.: National Organization of Pissed Off Elders

Jim Selman | Posted 10.26.2009 | Living

Read More: Aging, Social Security, Elders, Drag Race, Bureaucrats, Power, Capitalism, Common Sense, Compassion, Ideology, Decency, Politics, Scooters, Freedom, Principles, Slogan, Goodwill, Customer Service, Nope, Zoomers, Sex, Living News

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.).

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Citigroup, Goldman Sachs, Wall Street and the Tolling of the Bell For America's Meritocracy

Raymond J. Learsy | Posted 10.23.2009 | Business

Read More: Gas Prices, Goldman Sachs, Exxon, Morgan Stanley, Wall Street, Bill Gates, Capitalism, Citigroup, The Bailouts, American Meritocracy, Business News

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.

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Yahoo Profits are Symbol of Broken System

Ben Cohen | Posted 10.21.2009 | Business

Read More: Corporate-Profits, Internet, Media, Capitalism, Bonuses, Online, Yahoo, Business News

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.

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Social Purpose Becomes the New Social Status in Business

Mitchell Markson | Posted 10.21.2009 | Business

Read More: Marketing, Online Advertising, Advertising, Brands, TV Advertising, Social Purpose, Consumers, Capitalism, Business News

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.

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Progressive Cultural Consumers Far From Socialists

Patricia Martin | Posted 10.27.2009 | Business

Read More: Health Care Reform, Glenn Beck, Education Reform, Capitalism, Obama Socialist, Creative Class, Progressives, Cultural Consumers, Business News

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."

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What Might Health Care Reform Have to Do With H1N1?

Terry Leach | Posted 10.19.2009 | Politics

Read More: H1N1 Influenza, Health Care Reform, Politics, Living, Capitalism, Family, Universal Coverage, Health Care Debate, Swine Flu, Epidemic, Politics News

Policies skewed toward the maximization of profits for health insurance and, quite possibly, pharmaceutical companies, may not be good for American families.

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Will Obama Save America From Capitalism?

David A. Love | Posted 10.15.2009 | Politics

Read More: Wall Street Bailout, Capitalism: A Love Story, Wall Street Crisis, Capitalism, Michael Moore, Economic Stimulus Package, Economic Crisis, Business News, Financial Crisis, Timothy Geithner, Tarp, Elizabeth Warren, Joseph Stiglitz, Citibank, Paul Krugman, Simon Johnson, Plutonomy, Bill Moyers, Citigroup, Income Inequality, Larry Summers, Wealth, Consumer Protection, Banking Crisis, Banks, Bank Bailout, Foreclosure, Health Care, Mortgage Crisis, Politics News

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.

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Wall Street Treasury Complex is the Problem

Diane Francis | Posted 10.15.2009 | Business

Read More: U.S. Economy, FInancial Markets, Trade, Economy, Stock Market, Banking Crisis, Banks, Free Trade, Protectionism, Capitalism, Barack Obama, Business News

An examination of the causes of the financial meltdown and proposals for reform to prevent new catastrophic bubbles from forming and bursting.

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Capitalism

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