Sep 25 What contemporary capitalism needs to learn from fairy tales By David Bosworth Six years ago, during the fall of 2008, the financial world was unraveling. But the origins of the Great Recession weren't simply monetary; they were moral, argues University of Washington professor David Bosworth. And yet, virtual America continues to miss… Continue reading
Jul 28 Why capitalism has nothing to do with supply and demand By Nick Hanauer Billionaire venture capitalist Nick Hanauer, whose family owns a pillow company, says there's a limit to how much his wealth can buy. "I may earn a thousand times the median wage, but I don’t sleep on a thousand pillows," he… Continue reading
Jul 11 A genetic explanation of economic success By Gregory Clark There’s nothing to rule out the possibility that the economically successful of the modern world are actually genetically different from the people who are not successful, economic historian Gregory Clark tells Paul Solman in part four of their never-before published… Continue reading
May 23 The critique of Piketty and his reply By Thomas Piketty Former Harvard president Larry Summers admires the research of "rock star" French economist Thomas Piketty, but he's been skeptical that innovation and entrepreneurship don't have more to do with the high rate of return on capital. Innovation is great, Piketty… Continue reading
May 09 Ask yourself, says a notorious ‘Occupy’ academic, should your job exist? By David Graeber Increasingly, anthropologist and Occupy activist David Graeber argues, American workers are paid to look busy. The expansion of our days with meaningless work and the growth of entire industries that shouldn't exist, Graeber writes, fuel resentment toward "real" professions like… Continue reading
May 07 Capitalism in Cuba? It’s closer than the U.S. may think By Lewis Mandell Cuba is well into a carefully planned transition to a market-based economy. But you wouldn't know that from America's recent efforts to destabilize the government. Any U.S. meddling, like USAID's Twitter-like message service in Cuba, will only set back that… Continue reading
Apr 23 Seattle’s Socialist councilwoman on why capitalism offers nothing for young people By Kshama Sawant Seattle councilwoman Kshama Sawant is a leader in Seattle's movement to raise the minimum wage to $15 an hour. But even that, she says, won't be enough to overcome an economic system that's not working for America. Continue reading
Nov 29 Watch Shields and Brooks on the pope’s critique of capitalism, Thanksgiving gratitude Shields and Brooks on papal critique of capitalism, Thanksgiving gratitude… Continue watching
Nov 29 Watch Shields and Brooks on the pope’s critique of capitalism, Thanksgiving gratitude The Doubleheader: Shields and Brooks on college football's Rivalry Saturday… Continue watching
May 25 Watch ‘Moving Millions’ Author Probes Capitalism, Immigration Connection Jeffrey Brown talks with author Jeffrey Kaye about his new book on immigration and about how the pursuit of cheap labor to power the world's economy perpetuates global migration. Continue watching