American exceptionalism is often dismissed today as nostalgia or arrogance. In reality, it is neither. It is a practical observation about how a particular system, rooted in liberty, markets, and ...

Shaikh’s 2016 book, Capitalism: Competition, Conflict, Crises, combines his radical theorizing over the course of four decades into an integrated, coherent framework. At the heart of it is his unique ...

Forbes contributors publish independent expert analyses and insights. Author, professor and founder. Deeply curious about leadership. Churchill once quipped that democracy was “the worst form of ...

Modern economies depend on a range of essential inputs that are not fully priced or exchanged in markets. These include ecosystem functions—such as clean air, climate regulation, and biodiversity—as ...

Polls show many young voters favor socialism amid economic frustrations. Government subsidies and rules distort markets and raise prices in housing and education. Teach capitalism via programs like ...

Young people now blame capitalism for poverty, racism, high prices, even climate change. They listen to people like Rep. Alexandria Ocasio-Cortez, D-N.Y., who says, “Capitalism … is the absolute ...