Friedrich Hayek's 'The Road to Serfdom' warns how central planning erodes individual freedom, and its lessons about ...

Yanis Varoufakis grew up during the Greek dictatorship of 1967–1974. He later became an economics professor and was briefly Greek finance minister in 2015. His late father, a chemical engineer in a ...

Poll: Democrats Favor Socialism Over Capitalism, 58%-32% ...

Historian Sheri Berman on the links between declining democracy, neoliberal economics and what’s driving radicalization on ...

Yesterday I claimed that most people on the left and right recognize that economics and morality can’t be safely quarantined from each other. But whereas those on the left usually start with questions ...

Modern American capitalism makes rich corporate titans massively richer but leaves the rest of us behind. The economically irrational but psychologically rational objective of preserving their elitist ...

In the brilliant Capitalism, Socialism and Democracy, economist Joseph Schumpeter argues that capitalism’s economic success, paradoxically, eventually undermines its necessary social foundations.

Market capitalism is under attack, coming from two separate assaults. As an economic system, it is criticized for deepening inequality and enriching a small group of elites. Simultaneously, the ...

”Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the ...

President Joe Biden’s stimulus packages do not fulfill his promise to “build back better.” We must demand more. Corporate capitalism’s disregard for the needs of workers, families and communities ...

A working paper from the World Economic Forum stated that “China’s private sector - which has been revving up since the global financial crisis - is now serving as the main driver of China’s economic ...