capitalism

Instead Of Just Eliminating Jobs, Automation Could Usher In A More Fair Economy

As robots become smarter, they are replacing more and more jobs. Does that have to mean people are out of work? Or can it mean that people work better and safer?READ»

What Does Being a "Pro-Business" Politician Really Mean?

What makes a policy or a politician pro business? Lower minimum wage, weaken OSHA, cut corporate taxes. These are pro-factory policies, that make it easier for the factory to be more efficient, to have more power over workers, and to generate short-term profits. But "business" is no longer the same as "factory."READ»

World Business Forum

It's no secret global commerce is stuck in the doldrums. Worldwide, economies are expected to average 3.5% growth over the next few years, compared with the 4.7% clip enjoyed from 2003 to 2008. Developed economies will do well to ...READ»

Is Goldman Sachs the Face of Capitalism?

Goldman Sachs is the smartest, toughest, most aggressive, most powerful player in the world: They have the most powerful political connections. They have the most competitive culture. They make the most money. They win more than almost anybody else. They are the biggest dog in the world. In other words, you could think about Goldman Sachs the way most of the world thinks of the United States.READ»

Nonsense At Work

In the land of the free, workers are not:In the land of the free, workers too often are not.  Even the Department of Labor knows this, hence their new campaign called ‘We Can Help’.The problem is that abused workers are the ...READ»

John Mackey's Whole Foods Vision to Reshape Capitalism

John Mackey, the Libertarian CEO of Whole Foods, says not to worry: Capitalism and the invisible hand will cure the world's ills. But isn't it a little late to start believing in magic?READ»

• Conscious Capitalists Focus on the Ideals of Businesses

Natural Capitalism

We stand at the cusp of a significant paradigm shift. We have been building towards a transformational tipping point, where natural capital will eventually be valued alongside financial capital. While progress has been steady and ...READ»

Born To Be Good - Mirror Neurons Help Us Empathize

 Several months ago, I was browsing through a bookstore in Seattle looking for something to read on my flight back across the country.  After having spent eight hours on stage working to keep a mental step ahead of 250 ...READ»

Three Possible Economic Models (Part 1)

Engaging in a bit of socioeconomic speculation and thinking about what a 21st century economy might look like.READ»

The Unimportance of the Next President

Today America chooses a new president in what is one of the most pivotal elections in history. The world changed sharply during the Bush administration with two recessions, 9/11 attacks, wars in the Middle East, and rising new ...READ»

The Demise of Capitalism? A Perfect Time to Panic

Hyperventilating observors keep talking about the current economic crisis in terms of a crisis of capitalism.  This is a bizarre overreaction. And yet, aren't you asking the same question yourself? There are many logical ...READ»

Reflections on a Depression: I’ve Got All This Blame, Where do I Put it?

Wherever he is, Chicken Little is probably grinning. For many Americans these days, it feels like the sky is falling, and financially speaking, the evidence supports Mr. Little’s claim. The consensus around here is that we are ...READ»

Paul Krugman, Nobelist

"Economics is as close to psychohistory as you can get."     -- Paul Krugman "Incidents from My Career" This year's winner of the Nobel prize in economics is one of the finest scholars in the field, ...READ»

Growth Deconstructed

The latest GDP figures from the federal government show a 2.8 percent annualized growth (found here). Unfortunately, this may be the last positive figure we see for a while, so it might be worth examining the details. Below is a ...READ»

The Current Situation

The current situation and reaction of the conservative administration convinces me that the conservative mind set, beliefs, philosophy and consequent action (it is a belief like any other religious doctrine) is irreconcilable with ...READ»

The Tiger Effect: No Longer Business as Usual

  “It’s not even a sport; it’s just a pointless leisure activity for old white people…” “It’s worse than watching a filibuster on C-SPAN…” “It’s like watching grass grow, or paint ...READ»

Who Is John Galt?

For twelve years you've been asking "Who is John Galt?" This is John Galt speaking. I'm the man who's taken away your victims and thus destroyed your world. You've heard it said that this is an age of moral crisis and that ...READ»