Capitalism

Colonialism, imperialism, unfair trade, and more. African politicians look everywhere for the causes of Africa's poverty and chaos but in the mirror.

Marx and Engels don't simply condemn capitalism. They note that by reducing everything to trade in money, it has made the reality of exploitation easier to see.

Ryan McMaken and Tho Bishop look at the fallout from Elon Musk's purchase of Twitter.

Ryan McMaken and Tho Bishop look at the controversy surrounding recent Florida education reforms.

Capitalism is often blamed for the effects of policies that aren't capitalism. This is why we need a better definition of capitalism.

Capitalism is often blamed for the effects of policies that aren't capitalism. This is why we need a better definition of capitalism.

Massive "fiscal stimulus" programs by European governments failed to reduce unemployment. The latest buzzword from the Continent is the "entrepreneurial state," based upon the delusion that government spending and regulation are responsible for wealth creation by private entrepreneurs.

The 2021 Nobel Prize in Economics has been awarded to Berkeley's David Card, MIT's Josh Angrist, and Stanford's Guido Imbens for their work on "natural experiments," a currently fashionable approach to estimating the causal impact of one economic variable on another. 

Capitalism isn't unique to any particular group. People with the drive to save and invest have always existed; but the idea that this instinct was immoral had to be overcome for markets to flourish. 

Devine responds to the critics who claim that capitalism is increasingly under attack because it promotes a collapse of moral values. Devine is fully capable of handling these accusations and has written a book worth reading.