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Capitalism in its current form is destroying the lives of many working-class people, argue the economists Anne Case and Sir Angus Deaton in their book Deaths of Despair and the...
Nov 4, 2021 · Capitalism is doomed to be replaced by socialism. At least that’s the view of Joseph Schumpeter, the well-known Harvard economist responsible for his popularization of the term “creative destruction”—the process where new entrepreneurial innovations arise and subsequently cause the old way of doing things to disappear.
Jul 25, 2017 · I reached out to Weinstein to talk about the crisis of capitalism — how we got here, what can be done, and why he thinks a failure to act might lead to a societal collapse.
- Sean Illing
Apr 29, 2019 · Richard Reeves writes about the shortcomings of capitalism and how these failings affect workers.
May 25, 2024 · Behind the slowing recoveries was the central mystery of modern capitalism: a collapse in the rate of growth in productivity, or output per worker. By the outset of the pandemic,...
Nov 8, 2021 · The eminent French historian Fernand Braudel (1979/1986) actually saw a conflict between capitalism and the market economy. 1 According to him, capitalism involves a striving for power, economic and political, and a suppression of competition, as well as wealth.
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Oct 13, 2020 · Capitalism, which connects pay to productivity and creates efficient capital markets that facilitate savings and the availability of buying power to fuel people’s productivity, worked much better.
