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  1. 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.

    • Innovation

      In a system of crony capitalism, firms and individuals...

    • Property Rights

      The Death of Capitalism—Schumpeter’s prognosis coming true....

  2. 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 Future...

  3. 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
  4. Jan 26, 2021 · Foretelling the End of Capitalism moves briskly across a century and a half of intellectual history, from Marx and John Stuart Mill in the mid-19th century (when the term “capitalism” entered...

  5. Jun 21, 2024 · Capitalism has not failed, but it has become socialism for the rich. It’s a noble intention, but “the road to hell is paved with good intentions.” First, you need to understand what the problem is.

  6. May 25, 2024 · To date, capitalism has arguably gone more wrong in Europe, where the state has been quicker to rescue and regulate, and growth in productivity and average incomes has slowed more than in the...

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  8. Nov 8, 2021 · Far from exerting the discipline that capital markets are supposed to exercise, investors intensify the predatory behaviour of companies, thereby ensuring that wealth extraction dominates wealth creation. Misinformation, deception, and power prevail in a system of regulatory capture.

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