At Davos, a Referendum on the World Economic Forum

Many values espoused by the World Economic Forum — globalization, liberalism, free market capitalism, representative democracy — are under attack.

#capitalism-theory-and-philosophy, #davos-switzerland, #economic-conditions-and-trends, #food-insecurity, #high-net-worth-individuals, #politics-and-government, #poverty, #schwab-klaus, #war-and-armed-conflicts, #world-economic-forum, #worldeconomicforum2022

Courage Seemed to be Dead. Then Came Zelensky.

Can economics make sense of heroism?

#capitalism-theory-and-philosophy, #economics-theory-and-philosophy, #evolution-biology, #internal-sub-only-nl, #philosophy, #zelensky-volodymyr

Can Business Schools Really Help Us ‘Reimagine Capitalism’?

It’s not your grandfather’s M.B.A.

#business-schools, #capitalism-theory-and-philosophy, #colleges-and-universities, #executives-and-management-theory, #humanities, #psychology-and-psychologists, #sociology, #stanford-university, #university-of-toronto

Elon Musk’s Extraterrestrial Capitalism

Billionaires, having read stories of world-building as boys, are now rich enough, as men, to build worlds. The rest of us are trapped in them.

#bezos-jeffrey-p, #books-and-literature, #capitalism-theory-and-philosophy, #high-net-worth-individuals, #income-inequality, #musk-elon, #science-fiction, #silicon-valley-calif, #south-africa, #space-and-astronomy, #star-trek-tv-program, #the-hitchhikers-guide-to-the-galaxy-movie, #writing-and-writers, #zuckerberg-mark-e

Book Review: ‘Time for Socialism,’ by Thomas Piketty

Piketty’s “Time for Socialism” is a collection of recent pieces criticizing the maldistribution of wealth in the West and tracing his own political evolution.

#books-and-literature, #capital-in-the-twenty-first-century-book, #capitalism-theory-and-philosophy, #europe, #income-inequality, #piketty-thomas, #socialism-theory-and-philosophy, #time-for-socialism-dispatches-from-a-world-on-fire-2016-2021-book

The Stock Market’s Gains Could Be Spread More Fairly

The markets going up even as wages stagnate is not a sign of a rigged system.

#capitalism-theory-and-philosophy, #corporate-taxes, #karabell-zachary, #labor-and-jobs, #nasdaq-composite-index, #united-states, #wages-and-salaries

Joe Manchin Should Stop Talking About ‘Entitlement’

And the left should start. 

#american-families-plan-2021, #biden-joseph-r-jr, #bryan-william-jennings, #capitalism-theory-and-philosophy, #community-colleges, #democratic-party, #manchin-joe-iii, #new-deal-1930s, #reagan-ronald-wilson, #sanders-bernard, #trump-donald-j, #united-states-economy, #united-states-politics-and-government

The Mogul in Search of a Kinder, Gentler Capitalism

Lynn Forester de Rothschild, founder of the Coalition for Inclusive Capitalism, believes change will come when hedge fund billionaires and Pope Francis work together.

#business-roundtable, #capitalism-theory-and-philosophy, #coalition-for-inclusive-capitalism, #content-type-personal-profile, #corporate-social-responsibility, #de-rothschild-lynn-forester, #executive-compensation, #executives-and-management-theory, #high-net-worth-individuals, #income-inequality, #ubben-jeffrey-w

Is Capitalism Killing Conservatism?

The conservative responses to stagnation and decay are incoherent and insufficient. But do liberals have any?

#capitalism-theory-and-philosophy, #conservatism-us-politics, #europe, #huxley-aldous, #liberalism-us-politics, #social-conditions-and-trends, #united-states

Noam Chomsky’s Theory of the Good Life

The legendary leftist intellectual discusses anarchism, human nature, Joe Biden and more.

#capitalism-theory-and-philosophy, #china, #chomsky-noam, #human-condition

The Lockdown Showed How the Economy Exploits Women. She Already Knew.

Silvia Federici has been warning for decades of what happens when we undervalue domestic labor.

#capitalism-theory-and-philosophy, #elder-care, #future-of-work-2021, #labor-and-jobs, #quarantine-life-and-culture, #women-and-girls, #womens-rights

George Saunders on Kindness, Capitalism and the Human Condition

One of America’s greatest living writers explores what it means to be kind in a cruel world.

#capitalism-theory-and-philosophy, #commencement-speeches, #kindness, #saunders-george, #tolstoy-leo

The Religious Roots of Our Free Enterprise System

Benjamin M. Friedman’s “Religion and the Rise of Capitalism” reaches back centuries to discover the theological foundations of America’s economic system.

#arminius-jacobus-1560-1609, #books-and-literature, #calvin-john, #calvinism, #capitalism-theory-and-philosophy, #friedman-benjamin-morton, #religion-and-belief, #religion-and-the-rise-of-capitalism-book, #smith-adam-1723-90

For Sale: Souvenirs of Capitalism’s Failures

A bustling market for souvenirs of Lehman Brothers, Enron, and other casualties of the system.

#banking-and-financial-institutions, #capitalism-theory-and-philosophy, #collectors-and-collections, #memorabilia-and-souvenirs, #stocks-and-bonds

An ‘Electrifying’ Economist’s Guide to the Recovery

Mariana Mazzucato, a professor who has the ears of world leaders and chief executives, envisions a post-pandemic world that redefines what is valued.

#capitalism-theory-and-philosophy, #gross-domestic-product, #income-inequality, #mazzucato-mariana, #politics-and-government, #women-and-girls, #womens-rights

The Coronavirus Pandemic Is Showing Us How Capitalism Is Amazing, and Inadequate

Why big business needs big government and vice versa.

#capitalism-theory-and-philosophy, #coronavirus-2019-ncov, #federal-aid-us, #pfizer-inc, #public-private-sector-cooperation, #united-states-economy

Book Review: ‘Bland Fanatics,’ by Pankaj Mishra

Mishra’s “Bland Fanatics” argues that many of liberalism’s exalted ideas have collapsed.

#bland-fanatics-essays-book, #books-and-literature, #capitalism-theory-and-philosophy, #liberalism-us-politics, #mishra-pankaj, #third-world-and-developing-countries

Whole Foods Founder: ‘The Whole World Is Getting Fat’

John Mackey, who espouses a high-minded version of capitalism, sold his upscale grocery chain to Amazon.

#amazon-com-inc, #capitalism-theory-and-philosophy, #food, #mackey-john-p, #supermarkets-and-grocery-stores, #whole-foods-market-inc

Stakeholder Capitalism Gets a Report Card. It’s Not Good.

The pandemic and the movement for racial justice have tested corporate pledges to elevate social concerns alongside shareholder interests. A new study finds companies are failing to follow through.

#amazon-com-inc, #benioff-marc, #blackrock-inc, #boards-of-directors, #business-roundtable, #capitalism-theory-and-philosophy, #coronavirus-2019-ncov, #corporate-social-responsibility, #corporations, #ford-foundation, #marriott-international-inc, #wages-and-salaries

A Free Market Manifesto That Changed the World, Reconsidered

Milton Friedman’s libertarian economics influenced presidents and inspired “greed is good.” So what did Friedman get right — and wrong? Today’s business leaders and economists weigh in.

#capitalism-theory-and-philosophy, #conservatism-us-politics, #corporate-social-responsibility, #economics-theory-and-philosophy, #friedman-milton, #united-states-economy, #united-states-politics-and-government

What Will Happen to the Republican Party if Trump Loses in 2020?

The party looks brain-dead at every spot Trump touches. But off in the corners, there’s a lot of intellectual ferment.

#bannon-stephen-k, #capitalism-theory-and-philosophy, #cass-oren, #conservatism-us-politics, #cotton-tom, #cruz-ted, #hawley-josh-d-1979, #international-trade-and-world-market, #presidential-election-of-2020, #reagan-ronald-wilson, #republican-party, #rubio-marco, #sasse-ben, #trump-donald-j, #united-states-politics-and-government

The Future of American Liberalism

What Biden can learn from F.D.R.

#biden-joseph-r-jr, #capitalism-theory-and-philosophy, #liberalism-us-politics, #new-deal-1930s, #roosevelt-franklin-delano, #united-states-economy

12 Artists On: The Financial Crisis

As the pandemic continues to derail the global economy, artists share works that reflect on uncertainty, capitalism and racial injustice.

#art, #bolande-jennifer, #cao-fei-1978, #capitalism-theory-and-philosophy, #coronavirus-2019-ncov, #dyson-torkwase, #jackson-tomashi, #juliano-villani-jamian-1987, #julien-isaac, #kline-josh-1979, #mokgosi-meleko, #race-and-ethnicity, #recession-and-depression

What Private Equity Reveals About the Myth of Free Markets

The industry has led to more than 1.3 million job losses in the last decade. Neoliberal ideology is to blame.

#banking-and-financial-institutions, #capitalism-theory-and-philosophy, #hayek-friedrich-a, #income-inequality, #labor-and-jobs, #layoffs-and-job-reductions, #mergers-acquisitions-and-divestitures, #private-equity, #regulation-and-deregulation-of-industry, #united-states, #united-states-economy

What The N.B.A. Can Teach Us About Fixing Income Inequality

While nobody was looking, the N.B.A. figured out how to fight inequality.

#basketball, #capitalism-theory-and-philosophy, #income-inequality, #national-basketball-assn, #socialism-theory-and-philosophy, #united-states-economy, #your-feed-opinionvideo

If Black Lives Really Matter to the Rich, Philanthropy Isn’t Enough

Philanthropy alone won’t save the American dream.

#capitalism-theory-and-philosophy, #high-net-worth-individuals, #income-inequality, #philanthropy, #united-states-economy

The Activist Investor Done With Finance

Jeff Ubben is leaving the hedge fund he founded for a new venture focused on “inclusive capitalism.” He thinks traditional finance is played out.

#antitrust-laws-and-competition-issues, #capitalism-theory-and-philosophy, #immigration-and-emigration, #justice-department, #stocks-and-bonds, #ubben-jeffrey-w, #valueact-capital-partners, #visas

Why Isn’t the Stock Market Reading the Room?

The nation is in crisis, but it’s not the market’s job to care.

#capitalism-theory-and-philosophy, #coronavirus-2019-ncov, #debatable, #george-floyd-protests-2020, #international-trade-and-world-market, #recession-and-depression

Coronavirus Exposes a G.O.P. Divide: Is the Market Always Supreme?

A growing push by lawmakers and policy experts on the right is challenging some of the small-government, free-market tenets at the heart of the Republican Party’s agenda.

#capitalism-theory-and-philosophy, #conservatism-us-politics, #coronavirus-2019-ncov, #cotton-tom, #international-trade-and-world-market, #republican-party, #rubio-marco, #trump-donald-j, #united-states-economy, #united-states-politics-and-government