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Karl Marx's three volume Capital: A Critique of Political Economy is widely regarded as one of the greatest written critiques of capitalism. [citation needed]Criticism of capitalism typically ranges from expressing disagreement with particular aspects or outcomes of capitalism to rejecting the principles of the capitalist system in its entirety. [1]
Capitalism in America: A History is a 2018 book written by former chairman of the Federal Reserve Alan Greenspan and Adrian Wooldridge, political editor at The Economist. [note 1] The book traces the economic history of the United States since its founding and the authors argue that America's embrace of capitalism and creative destruction has given the nation's economy a superior edge.
Paul Kennedy posits that continued deficit spending, especially on military build-up, is the single most important reason for decline of any great power. The costs of the wars in Iraq and Afghanistan were as of 2017 estimated to run as high as $4.4 trillion, which Kennedy deems a major victory for Osama bin Laden, whose announced goal was to humiliate America by showcasing its casualty ...
Marianne Williamson called out trickle-down economics in no uncertain terms in an exclusive interview with Yahoo Finance's Adam Shapiro.
Jeffrey Kurtz, who teaches at Denison University, rebuts Jim Simon's Nov. 13 column, "Can Corporate America fill needs that government doesn't?"
In a new interview from the World Economic Forum in Davos, Switzerland, Bank of America CEO Brian Moynihan credited innovation and a “capitalist spirit” in the U.S. with powering the country ...
Crony capitalism, sometimes also called simply cronyism, is a pejorative term used in political discourse to describe a situation in which businesses profit from a close relationship with state power, either through an anti-competitive regulatory environment, direct government largesse, and/or corruption. [1]
According to historian Gary Gerstle, the ideological space for anti-capitalism in the United States shrank significantly with the end of the Cold War and the globalization of capitalism, forcing the left to "redefine their radicalism in alternative terms" by heavily focusing on multiculturalism and partisan culture war issues, which "turned out ...