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Capitalism

'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.

Even Capitalist Pigs Should Love Bank Regulation

Vitaliy N. Katsenelson | Posted 05.25.2011 | Business
Vitaliy N. Katsenelson

Greater government involvement in the financial sector is not something I thought I'd ever ask for, but it has turned into a necessity in order to preserve, not destroy, capitalism. At the risk of been kicked out of the Capitalistic Pig Party, I am in support of tighter regulation of too-big-to-fail (TBTF) institutions.

'The Road From Ruin': All Of Us Did A "Madoff" And Now Financial Literacy Must Be The New Civil Rights

John Hope Bryant | Posted 05.25.2011 | Books
John Hope Bryant

More people don't have a bank account today than didn't have the right to vote in 1963. If this is not a call for financial literacy as the new civil rights movement, I don't know what is.

'The Road From Ruin': Are We Naive Idiots For Thinking Business Can Be Anything But Greedy?

Matthew Bishop | Posted 05.25.2011 | Books
Matthew Bishop

We don't believe capitalism will ever be perfect, or that you can entirely drive out the dark side of human nature. But we can do a lot better than we have done so far.

How Free-Marketers Came to Rule

Roya Wolverson | Posted 05.25.2011 | Business
Roya Wolverson

In the United States, where bankers continue to rule the Obama administration's economic team, the idea of government teaming up with business to drive long-term innovation and growth is still struggling to gain attention.

A Challenge to "The System"

Gary Hart | Posted 05.25.2011 | Politics
Gary Hart

A society in which private corporate interests and the interests of the public and future generations are balanced is not an impossible dream; it is how reasonable people behave.

Have We Really Come To 'The End Of The Free Market'?

Ian Bremmer | Posted 05.25.2011 | Books
Ian Bremmer

When you write a book called The End of the Free Market, you can be pretty sure what the first question is going to be: "Do you really believe we're seeing the end of the free market? Really?"

Are Conservatives the Enemies of Capitalism?

Dan Agin | Posted 05.25.2011 | Politics
Dan Agin

The major strength of China is its pragmatic attitude and willingness to innovate. The Chinese are not handicapped by anything comparable to American conservative ideology.

Alan Greenspan's Financial History for Lobotomy Victims

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

Rejecting the capitalist values of choice and personal accountability, Greenspan filters history through an intellectual construct where no one -- most notably Alan Greenspan -- ever takes the blame.

Financial Reform Won't Alter Capitalism's Icarus Trajectory

Stuart Whatley | Posted 05.25.2011 | Business
Stuart Whatley

This era's troubling reality is that economics now dictates our cultural values. We no longer have a say in how resources, production, and mutual prosperity should be systematized to achieve the best society for all.

Arundhati Roy's Version of Disaster in "This Year of India"

Christopher Lydon | Posted 05.25.2011 | World
Christopher Lydon

Arundhati Roy is giving us "the other side of the story" in this "Year of India" at Brown University and elsewhere. Media consumers in the US don't g...

The Transparent Exploitation of Greece By Deficit Hawks

Stephen Herrington | Posted 05.25.2011 | Politics
Stephen Herrington

Does it sound as if S&P thinks cutting government spending is a good idea? Sounds to me like S&P is thinking Keynes while the public face of finance is talking small government voodoo.

Why Conservative Christians So Often Fail the Common Good (Part 2)

Richard T. Hughes | Posted 05.25.2011 | Religion
Richard T. Hughes

Why do so many Christians -- especially fundamentalists and evangelicals -- so often fail to discern the themes of peace and justice that are so central to the biblical vision of the kingdom of God?

Michael Lewis's The Big Short: Betting (Right) on Armageddon

Kathryn Schulz | Posted 05.25.2011 | Books
Kathryn Schulz

You could argue that The Big Short is about a lot of different things. But I read it as a story about the social, personal, and intellectual conditions that can produce dazzling rightness or staggering wrongness.

Capitalism Unleashed: Gordon Gekko Returns in Wall Street 2

Sharon Waxman | Posted 05.25.2011 | Entertainment
Sharon Waxman

"I didn't want to celebrate a culture of wealth," said Oliver Stone, about his upcoming film, Wall Street 2. "But after the crash, all bets were off. It was a triple bypass. This is serious. It's time to come back. It had to be done."

Social Darwinism: A Bad Idea With a Worse Name

Michael Zimmerman, Ph.D. | Posted 05.25.2011 | Religion
Michael Zimmerman, Ph.D.

If there's no connection to evolution, then why is it called social Darwinism? It shouldn't be -- and it's time we changed the name to stop the confusion.

The End of the Free Market as We Know It?

Devin Stewart | Posted 05.25.2011 | Books
Devin Stewart

While the phrase "The End of the Free Market" may capture public anxiety in America today, Bremmer should have called his book "The End of State Capitalism"—he bets that free markets will win the "war" with statists.

Is Richard Posner Destroying the Chicago School of Economics?

Damien Hoffman | Posted 05.25.2011 | Business
Damien Hoffman

Although Posner still walks the intellectually gutted halls of the University of Chicago, he has no reservation helping tear their remaining ruins down from within.

Obama Administration Misunderstands Capitalism

Cenk Uygur | Posted 05.25.2011 | Politics
Cenk Uygur

Corporations are bound by law to maximize profit. No amount of yelling or pleading will change that. We have to provide proper incentives and disincentives -- rules and regulations -- if we want them on board.

This Month's Book Club Pick: The Road From Ruin Charts the Path to Capitalism 2.0

Arianna Huffington | Posted 05.25.2011 | Books
Arianna Huffington

An open, orthodoxy-free conversation about how we can fix our broken financial system is exactly what we need. Reading The Road From Ruin -- and joining in our month-long discussion about it -- is a great way to start. READ MORE Is Undercover Boss the Most Subversive Show on Television? Undercover Boss is the kind of popular entertainment that can start out as one thing but morph into something that turns a spotlight on just how out of touch America's corporate chiefs are. READ MORE WATCH: Arianna Discusses the Final Push for a Public Option on The Ed Show LISTEN: Arianna Talks About Move Your Money on Public Radio's AirTalk WATCH: Arianna Weighs in on Massa's 'Wasted Hour' with Glenn Beck on AC360

Why Is Wal-Mart Selling Capitalism: A Love Story (Out Today on DVD)?

Michael Moore | Posted 05.25.2011 | Business
Michael Moore

The fact that Wal-Mart is carrying this movie is proof that Corporate America is so secure in its position as the ruler of our country that they can sell a movie that attacks them because it poses absolutely no threat to them.

What Arianna's Reading Next: Did America Wreck Capitalism?

The Huffington Post | Amy Hertz | Posted 01.02.2012 | Books

Arianna's reading a new book for March -- the fourth in the young life of HuffPost Books. If you've kept up with our series, you know that there's goi...

Ideallergy

John O'Kane | Posted 05.25.2011 | Politics
John O'Kane

As Obama's first year in office wraps we have to wonder how he squandered such a great opportunity to produce real "change," the theme that inspired his campaign.