Through Roger McKinneyContributor | Monday, February 14, 2022 Rep. Alexandria Ocasio-Cortez, DN.Y., speaks at the National Action Network convention in New York on Friday, April 5, 2019. | The Christian Post/Leonardo Blair Alexandria Ocasio-Cortez (DN.Y.) said in a recent interview that capitalism is irremediably bad: “So for me, capitalism atRead More →

Breadcrumb Links PF Comment There are too few billionaires in Canada — or anywhere else, for that matter — to fund an expansive welfare state Pedestrians cross the intersection of Bay Street and Wellington Street West in Toronto’s Financial District. Photo by Galit Rodan/Bloomberg Files Content of the article ReadingRead More →

‘ My sister studied economics but she never read Marx or Engels,” says Berkay Kartav, 24. The co-ordinator of the London Young Socialists (a branch of Britain’s Socialist Party) sips black tea at Vagabond on Holloway Road. “It just goes to show that mainstream economics, as taught in universities, doesn’tRead More →

Published: 01/13/2022 07:01:17 Modified: 01/13/2022 07:00:10 A few years ago at a rally in my town, a feisty speaker said that our government was dipping into our pockets through taxes to steal our hard-earned money to pay for programs that are just gifts to a growing number of “undeserving”. “That’sRead 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 →

India became an independent nation on August 15, 1947. Socialism shaped the main economic and social policies of the Indian government until the early 1990s. Socialism is an economic and political system based on public ownership of the means of production. The government makes all legal production and distribution decisionsRead More →

Link to this page: https://www.socialistparty.org.uk/issue/1150/33123 From The Socialist, October 6, 2021 “Here is your opinion on plants” by Michael Pollan – posted by Allen Lane Commented by Dave Carr Is the C8H10N4O2 molecule – that’s caffeine for you and me – responsible for the slave trade, colonial wars, imperialism, increasedRead More →

Former Vice President Mike Pence said the Biden administration’s adherence to “big government socialism” was reflected in nearly every political issue emanating from Washington, particularly the multi-trillion dollar spending proposal against to a possible vote in Congress this week. At a Wednesday night event celebrating the opening of Advancing AmericanRead More →

Beijing’s recently launched “common prosperity” development model is clearly already having an impact. But do the West and its allies see it the right way? Nervous fund managers looking at their Chinese portfolios are tearing their hair out. And journalists associated with Western mainstream and corporate media such as theRead More →

Labor Day is here, and it’s about work in America. Our beloved workforce. Especially the middle-income American blue collar workers who have literally made this country a great country. They make our businesses work. They produce our goods and services. They are also the brave soldiers who defend our nationRead 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 →

Hide caption For decades, the New Deal shaped the American economic system, until one fringe political project and ideology eventually overshadowed the old system with a system that put the free market first. Previous Next Martin Bernetti / AFP via Getty Images Hide caption Friedrich von Hayek in the lateRead More →

A majority of Americans prefer a free market economic system to a socialist economic system, according to a recent poll conducted jointly by The Heartland Institute and Rasmussen Reports. Respondents were asked, among other questions, “What is better – a free market economic system or socialism?” In which 75 percentRead More →

Klaus Schwab By Bhabani Shankar Nayak * The pandemic has shaken up neoliberalism as an economic project of capitalism. The economic architecture of neoliberalism based on austerity, liberalization, privatization and globalization has failed to ensure the basic dignity of life in terms of basic health, education, home and security food.Read More →

Evil fate the earth, to hasten the evils a prey, Where wealth accumulates and where men degrade. –Olivier Goldsmith. Twenty years ago, I wrote an editorial in which I described free market capitalism as “the most unjust and barbaric economic system ever conceived, and which now oppresses and mistreats mostRead More →