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.
As bitcoin and the exchanges become more prevalent we'll see Wall Street and the central banks challenge the exchanges on intellectual property grounds.
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.
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."
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...
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 Capital is being superseded by the ability to innovate -- and therefore by human talents.
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.
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?
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."
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.
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 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.
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.
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.
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.
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.
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."
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.
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.
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.
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...
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.
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.