My social media feed is flooded with messages informing me of the loss of a courageous critic of the government and its policies, and I am saddened. It’s great to see that we have deans of some very successful and old business houses criticizing the current government and giving usRead More →

When the Berlin Wall came down in November 1989, a cheer went up across the continent as it marked the end of communism in East Germany and Central Europe. This was followed in 1991 by the breakup of the former Soviet Union, with the Central Asian republics becoming sovereign states.Read More →

The Gallup Poll asks Americans about their attitudes toward capitalism and socialism on a semi-regular basis. Some recent findings are reported by Jeffrey M. Jones in “Socialism, Capitalism Ratings in US Unchanged” (December 26, 2021, based on a poll conducted in October 2021). This figure shows the share of AmericansRead More →

Breadcrumb Links PF comment William Watson: A substitute for “capitalism” is “flourishing”, which happens to societies when they adopt the capitalist approach Author of the article: William watson Photo by Photo Illustration by Gigi Suhanic / Financial Post Content of the article Capitalism has created more prosperity and progress forRead More →

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 →

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 →

Last month, the Fraser Institute released its annual report Economic freedom of the world report. As usual, he showed that “economic freedom” is positively correlated with many good things and negatively correlated with many bad. Defenders of capitalism love the Fraser Institute. Libertarian philosopher Jason Brennan, for example, made extensiveRead More →

With the World Bank ditching ease of doing business reporting, the spotlight is on the indicators used to rank the world’s countries. They are imperfect, but they serve a purpose, as Swaminathan Anklesaria Aiyar argues in his article in The Economic Times.. Besides the Ease of Doing Business Index, thereRead More →

When I reflect on the state of our society, I sometimes worry about how far we have advanced technically, but seemingly backwards in at least two areas: fundamental economic fairness and in our most difficult relationships, marriage. and the family. Comedian Bill Maher is right when he was interviewed byRead More →

Mahmudur Rahman | Posted: Sept. 23, 2021, 8:16 p.m. Fifty years after independence, the furrows on the head are still visible among day laborers. Better paid than they are and having given up farming to seek an elusive better life, their angst continues. The silent abandonment of socialism, even inRead More →

– Counter Punch / Nathaniel St Clair DEMOCRACY exists if and when a community organizes its autonomy around the full participation, on an equal footing, of all members of the community. Its other, autocracy, exists when a community organizes (or allows) its governance by an individual or a subgroup ofRead More →

U.S. Senator Rand Paul, R-Ky., A physician who has openly criticized Democrats’ policies and positions regarding the coronavirus, appeared on “Hannity” Friday night where he discussed the problematic distribution in the United States of monoclonal antibodies that could help protect Americans against the virus. Paul suggested that with the DemocratsRead More →

Democracy exists if and when a community organizes its autonomy around the full participation, on an equal footing, of all members of the community. Its other, autocracy, exists when a community organizes (or allows) its governance by an individual or a subgroup of that community, a leader. Universal suffrage isRead More →

Capitalism has lifted billions of people out of poverty, developed cutting-edge medicine that saves lives, and has been the driving force behind the technological revolution of the past two centuries. The accumulation of talent, education and productive capacity that follows capital investment created the technological leap that has taken ourRead More →

The social landscape of the contemporary Third World is defined by the existence of the following classes: an overexploited urban proletariat; a large peasantry; a group of owners; a petty bourgeoisie in white collar occupying administrative positions; and comprador capitalists closely aligned with multinational interests. China has tried to dissociateRead More →

MEXICO CITY, MEXICO – JULY 01: Andres Manuel Lopez Obrador, in Mexico City, Mexico. (Photo by Manuel … [+] Velasquez / Getty Images) Getty Images Lately the terms capitalism and socialism have hovered over the social ether, usually inappropriately or as misinterpretations, but mostly as derogatory. For opponents, capitalism isRead More →