Tag: capitalism
Why poverty reduction under capitalism is a myth
Capitalists and their biggest fans have long argued that the system is an engine of wealth creation.
Capitalism’s unequal distribution deprives you of true freedom
Conflicts over income, wealth distribution, and wealth redistribution are thus intrinsic to capitalism and always have been.
The undemocratic reality of capitalism
Democracy is about “one person, one vote”—the notion that we all have an equal say in the decisions that affect us. That is not what we have now.
Boeing is everything wrong with American capitalism
Boeing’s descent is a case study in how American capitalism has become so rotten. Robert Reich explains.
Tariffs don’t protect jobs. Don’t be fooled.
When employees have become their own employers, they will make the quantities and qualities of a society’s jobs a key policy objective rather than a side-effect of policies focused elsewhere.
Socialism’s self-criticism and real democracy
Whatever forms of government (including representative-electoral) coexist with class-divided economic systems, the hard reality is that one class rules the other.
Sick of outrageously excessive CEO compensation?
America’s top health care execs would rather we not.
Why capitalism is leaving the US, in search of profit
Ongoing controversies and alarms surround this capitalist exodus.
The Titan and the Titanic: two tales of capitalist hubris
The doomed OceanGate submersible offers us many of the same lessons that the 1912 Titanic sinking did.