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Free Market Capitalism

A Floor of Decency

Robert Koehler | Posted 05.02.2013 | 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 04.10.2013 | 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 01.02.2013 | 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."

Rural Idaho Public School Teaches 'Something About Patriotism Every Single Day'

AP | JESSIE L. BONNER | Posted 06.01.2012 | Home

GOODING, Idaho -- At North Valley Academy in the heart of Idaho's dairy country, a typical school day might seem like an over-the-top Fourth of July c...

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

Klaus Schwab | Posted 06.13.2012 | Business
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 Capital is being superseded by the ability to innovate -- and therefore by human talents.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?

Two Roads Diverge In America Today

Ed Crego, George MuƱoz and Frank Islam | Posted 03.19.2012 | Politics
Ed Crego, George MuƱoz and Frank Islam

Given the country's current condition and the angst and anger emanating from those controlling the political debate, we can't tell which road is "the one less traveled by."

The Fantastical Crackpot Cult of Ron Paul

Bob Cesca | Posted 03.12.2012 | Politics
Bob Cesca

People who are devoted to Ron Paul appear to be more interested in the fantastical, fictitious idea of President Ron Paul than the realistic manifestation of President Ron Paul.

Free Market Economies May Encourage Obesity

The Huffington Post | Joe Satran | Posted 12.22.2011 | Home

Many people feel a little pudgy around the holidays. "Thanks a lot, peanut butter brownies and short-rib pierogis," you may be thinking, as you feel y...

Capitalism You Can Fall in Love With

Auren Kaplan | Posted 02.09.2012 | Impact
Auren Kaplan

Capitalism is changing. It is evolving. And big companies are going to start to realize that when the cause is the brand, the consumer cannot get enough. That means two things: 1. More profits and 2. more good.

The J&J Credo -- A Model for Corporate America That Would Make America Work

Paul Abrams | Posted 02.01.2012 | Politics
Paul Abrams

The J&J Credo makes for a much better company and a much better country than the Ayn Rand brand of capitalism the right wing espouses.

Occupy Wall Street and the Crisis of Choice

Gabe Zichermann | Posted 01.22.2012 | Politics
Gabe Zichermann

When we start to think of politics as a market-driven activity, and political parties as products we choose to "buy" with our votes, the U.S. system starts to show some basic econometric flaws.

Capitalists of America -- Unite! (Why Adam Smith would be marching today)

Catherine Crier | Posted 12.03.2011 | Business
Catherine Crier

Today, Adam Smith's Wealth of Nations is considered a Bible for capitalism, but when published in 1776, it was a blasphemous challenge to the big business, big government mercantilism in Europe.

Designing New Financial Instruments

Soren Petersen | Posted 11.28.2011 | Business
Soren Petersen

Our current financial system, with its high dynamic and detail complexity is sensitive to manipulation and prone to herd-behavior. The outcome is often creative destruction, leading to the poorly tolerated periodic bubbles and bursts.

Buddhism And The End Of Growth

John Stanley | Posted 11.19.2011 | Religion
John Stanley

It is increasingly obvious that natural limitations will soon force economic growth to cease. Buddhist teachings emphasize that this does not require a reduction in the quality of life.

Capitalism's Seven Debtly Sins

Simon Mainwaring | Posted 10.24.2011 | Business
Simon Mainwaring

We are possibly in for the same economic meltdown that ricocheted around the world, driven by the same moral meltdown that preceded and precipitated it. I describe this as a meltdown of values as capitalism's "seven debtly sins."

Why Did Capitalism Fail?

Bob Burnett | Posted 10.19.2011 | Business
Bob Burnett

The global economy is splintering. U.S. voters hate all politicians and there's political unrest throughout the world. The root cause of this turmoil is the failure of the dominant economic paradigm -- global corporate capitalism.

State Based Health Exchanges Are Important

Tommy G. Thompson | Posted 08.27.2011 | Business
Tommy G. Thompson

States must preserve their rights to operate the health insurance exchange: If states do not build an exchange, the Affordable Care Act requires that the federal government step in and run the exchange.

The Big Idea: Creating Shared Value

Michael E. Porter | Posted 05.25.2011 | Business
Michael E. Porter

The capitalist system is under siege and a big part of the problem lies with companies themselves.

A Worldwide Revolt Against Poverty Wages

Jonathan Tasini | Posted 05.25.2011 | Business
Jonathan Tasini

Despite the growing poverty around the world, we still have a bi-partisan support (including from our president) for the very so-called "free trade" policies that have bred substandard wages.

Republicans: What's Wrong With Being Sweden?

Brian Ross | Posted 05.25.2011 | Politics
Brian Ross

The Regressives in the GOP, who would like their Fox-fed minions and Tea Party zombies to bring us back to a white America that existed around the tim...

The "Intimidation" Argument: Conservative Hypocrisy on Parade

Waymon Hudson | Posted 05.25.2011 | Politics
Waymon Hudson

There's a new cry of outrage coming from the far right and conservative circles. They've started playing the victim card as the new go-to meme: intimidation from the mean, militant gays.

Computerized Front Running: Another Goldman-Dominated Fraud

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

Automated program trading, which allows traders to peek at incoming orders, explains how Goldman's trading division earned at least $100 million per day on 116 out of 194 days last year.