As the French economist Thomas Piketty most recently exposed, capitalism, across time and space, has always tended to produce ever-greater economic inequality. Oxfam, a global charity, reported that ...
Democracy is incompatible with class-divided economic systems. Masters rule in slavery, lords in feudalism, and employers in capitalism. Whatever forms of government (including ...
Critics of capitalism describe it as immoral. In pointing to subjective (and sometimes objective) examples of unethical or ...
In Sidney Lumet’s 1976 masterpiece, “Network,” a film about a disaffected newscaster who loses his mind on air, a business mogul played by Ned Beatty delivers an impassioned monologue that lasts for ...
JP Morgan CEO Jamie Dimon on Wednesday became the latest finance leader to defend ‘shareholder capitalism’—an embrace by businesses of socially conscious and environmentally sustainable ...
Another year, another Martin Luther King Jr. Day, when social media will be flooded with the usual photos of the civil rights icon and posts about judging people by their character and not the color ...
A new book by the New Yorker staff writer John Cassidy plumbs more than two centuries’ worth of grievances about our global financial order. Credit...Ben Giles Supported by By Jennifer Szalai When you ...
The tension between democracy and capitalism exists because of the overwhelming influence that capitalism has on our everyday lives. Capitalism determines who owns the productive assets in our country ...
Opinion
Jacobin on MSNOpinion

The USA is living under political capitalism

The form of capitalism we currently live under is one in which wealth extraction depends not on market power but on political maneuvering.