By Jim ThompsonHCP columnist Capitalism is defined as “an economic and political system in which the commerce and industry of a country are controlled by private for-profit owners, rather than by the state”. Capitalism created the largest economy in the history of the world (ours) and lifted more people outRead More →

The future of capitalism is the title given to this book transcription of the 25th Munk Debate held in Toronto two years ago. It’s a provocative title but a little misleading in that the four eminent thinkers who participated in it were much more focused on capitalism as it isRead More →

The concept of neoliberalism is part of capitalism that spread widely soon after the overwhelming defeat of socialism against the backdrop of the disintegration of the former Soviet Union, known as the USSR. The global political economic system has undergone some of the most significant transformations. The journey of capitalism,Read More →

My colleague Jeff Jones recently reviewed Gallup’s updated research on American public responses to the words “socialism” and “capitalism.” The new data shows little change in these attitudes from previous surveys, with 60% of Americans having a favorable view of capitalism (38% unfavorable) and 38% having a favorable image ofRead More →

The the authors are among the world’s leading economists known for their critical assessments of capitalism. And the blurb for the book says, “Traditional economics views capitalism as an isolated and closed system. In this groundbreaking book, authors Utsa Patnaik and Prabhat Patnaik argue that this is both historically falseRead More →

After a campaign season marked by deep divisions over masking, feuds over teaching racism and an unprecedented influx of money to candidates running under the banner of keeping schools open, there is no had Republican sweep of school board races in suburban Philadelphia. But the attention and controversy that surroundedRead More →

Link to this page: https://www.socialistparty.org.uk/issue/1158/33404 From The Socialist newspaper, December 1, 2021 Fundraising for the fight at Socialism2021. Photo: Mary Finch (Click to enlarge) Roger Butler, Socialist Party of Swansea Fight Fund organizer Roman orator and statesman Cicero described finances and resources as “the sinews of war” – and ofRead More →