Capitalism

“As I understand an economy, its ultimate purpose is to produce more consumer goods. This is the goal. This is the object of everything that we are working at: to produce things for consumers.” Those words were spoken by the economist…

Welcome to our regime of political capitalism, where merit matters but political connections matter even more. In an unalloyed capitalist system, money flows to those who offer goods and services of value to consumers. In a…

Palo Alto: A History of California, Capitalism, and the WorldBy Malcolm Harris(Little, Brown and Company, 720 pages, $36)  Some might wonder why a conservative would choose to read and review California native son Malcolm…

Have you noticed there seem to be a lot of managers nowadays? It’s not just you. Professors at the Harvard Business Review estimate there is one manager for every 4.7 employees and claim this excessive amount of paper-pushers leads to a…

by Alexa Schwerha   Prestigious business schools across the country are adding more opportunities to study diversity equity and inclusion (DEI) and environmental, social, and governance (ESG), a trend that’s expected to continue,…

The lobstermen and the whalers are at each other’s throats in Maine. The former need to use strong ropes to pull up their lobster traps from the ocean floor. The latter claim that this gear they use enmeshes their bread and butter, that…

Millions of Americans will walk into their local supermarket this week to prepare for Thanksgiving dinner. With no government-regulated grocers or price gouging driven by black markets, they will walk out with the turkey of…

A new film set in 1980s New York, in which Donald Trump’s property mogul father, Fred, and high-achieving lawyer sister Maryanne appear as characters is a direct attack on late-stage capitalism, according to its principal cast and…

Two anti-capitalist diatribes in the guise of news articles made the same edition of the New York Times. Steve Lohr, who covers business and economics, praised a new left-wing consortium of foundations and academics out to replace the…

The usual suspects have declared war on free enterprise. The William and Flora Hewlett Foundation and the Omidyar Network reportedly pledged a total of $41 million to bury free market economics and neoliberalism, once and for all, but…