Beware of hyperbolic headlines. But in this case, I’m afraid, as Ulrike Herrmann’s very readable book The End of Capitalism makes clear, the choice between capitalism and civilisation really does seem ...
Ever since the 1990s, when to the longstanding cooptation of the Western working class by social democracy was added the collapse of the Soviet Union and its satellites, the saying has been popular ...
A new history by Trevor Jackson argues that the economic system that transformed global living standards depends on endless growth impossible to sustain. By Jennifer Szalai When you purchase an ...
A new book by the New Yorker staff writer John Cassidy plumbs more than two centuries’ worth of grievances about our global financial order. Credit...Ben Giles Supported by By Jennifer Szalai When you ...
Trump’s tariffs and war on free trade signal the end of an experiment in globalism that began in the 1990s with NAFTA and the breakup of the Soviet Union. Yet the question is whether this is a new ...
On November 5, 2008—the nadir of that year’s eponymous financial crisis—Queen Elizabeth II visited the London School of Economics to celebrate the opening of a new building. In a moment that made ...
The scam compounds proliferating across Cambodia and Laos represent one of global capitalism’s newest industries: a convergence of financial speculation, digital technology, artificial intelligence, ...
Capitalism, communism and socialism are economic and political systems that differ in their principles and organization. Capitalism emphasizes the private ownership of resources and the means of ...
There seems to be no advanced industrial democracy in the world more politically divided, or politically dysfunctional, than the United States. Recently I have been asking myself, “how did we get to ...