“We should seize this moment to ensure that stakeholder capitalism remains the new dominant model.” —Klaus Schwab, Founder and Executive Chairman, World Economic Forum Stakeholder capitalism—the ...
“Americans getting closer and closer to understanding that they live in an economic system that is not working for them, and will not work for their kids.” [Source Image: StudioM1/iStock] BY Eillie ...
The recent announcement by the Business Roundtable modernizing its principles on the role of the corporation to refocus on stakeholders (not just shareholders) was in it’s own way as revolutionary a ...
Capitalism has long been heralded by many economists as the best economic system around, rewarding — and therefore encouraging — competition and innovation, creating wealth, stimulating growth and ...
So often we take the meaning of terms for granted without knowing their complicated histories and changing definitions. “Capitalism” is one such example. In his new book, Capitalism: The Story Behind ...
Few topics have animated today’s chattering classes more than capitalism. In the wake of the global economic crisis, the discussion has spanned political boundaries, with conservative newspapers in ...
Just over a half-century ago, Nobel Prize-winning economist Milton Friedman, whose work inspired the “Chicago School” of economics, wrote in a famous essay in the New York Times: “There is one and ...
“Corporate virtue signalling” is a phrase of our time. Bud Light was accused of it when it hired TikTok personality and trans woman Dylan Mulvaney to promote low-cal beer. Disney was labelled a virtue ...
Never easy, the relationship between the vaunted political system and economic order appears to be in crisis. New books by historians and economists sound the alarm. By Jennifer Szalai The documentary ...
Capitalism has improved the lives of billions of people–something that’s easy to forget at a time of great economic uncertainty. But it has left out billions more. They have great needs, but they ...
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If capitalism had been overthrown as quickly as Karl Marx and Friedrich Engels had at first expected, John Cassidy’s sprawling “Capitalism and Its Critics” would have been shorter and easier to write, ...