Concept of neoliberalism and free market competition illustration by American flag, money and graphs. Neoliberalism is a sprawling, contentious, difficult economic and political concept that can be ...
To understand the distortion, it helps to recall what capitalism actually is. In its classical sense, capitalism is not greed, chaos, or the law of the jungle. It is a system of voluntary exchange ...
In the early 1930s, Austrian economist Friedrich Hayek, then based at the London School of Economics, jotted off a memo to the school's director, William Beveridge. At the time, the Great Depression ...
Neoliberalism, which calls for free-market capitalism, regressive taxation, and the elimination of social services, has resulted in both preference and support for greater income inequality over the ...
Sven Beckert, a Harvard professor, has written a very long history of capitalism. As its subtitle suggests, ‘Capitalism: A ...
Early U.S. capitalism was centered in New England. After some time, the pursuit of profit led many capitalists to leave that area and move production to New York and the mid-Atlantic states. Much of ...
The global capitalist economy is at an historical juncture. The global economic restructuring that began roughly four decades ago—often associated with the term Neoliberalism—has run its course. Three ...
Our economic system is entirely dependent on growth, or rising levels of income per capita: it is the singular obsession of neoliberal capitalism and all financial institutions. The environmental ...
Over the past 90 years, two approaches to managing capitalism emerged in succession, each dominating politics around the globe while enabling unprecedented economic progress. The first, which some ...
Neoliberalism is a sprawling, contentious, difficult economic and political concept that can be hard to pin down because it shapes our lives in so many ways. Sometimes it can seem to describe ...
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