Tag: Capitalism (Theory and Philosophy)

Finland Is a Capitalist Paradise

HELSINKI, Finland — Two years ago we were living in a pleasant neighborhood in Brooklyn. We were experienced professionals, enjoying a privileged life. We’d just had a baby. She was our first, and much wanted. We were United States citizens and our future as a family should have seemed bright. But we felt deeply insecure […]

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I Was Once a Socialist. Then I Saw How It Worked.

I was a socialist in college. I read magazines like The Nation and old issues of The New Masses. I dreamed of being the next Clifford Odets, a lefty playwright who was always trying to raise proletarian class consciousness. If you go on YouTube and search “David Brooks Milton Friedman,” you can see a 22-year-old […]

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Should College Be Free?

Listen and subscribe to our podcast from your mobile device: Apple Podcasts | Spotify | Google Play | RadioPublic | Stitcher Should public colleges be tuition-free? Should student loan debt be forgiven? This week on “The Argument,” the columnists discuss Pete Buttigieg’s criticisms of his more liberal Democratic rivals’ plans to reduce the costs of […]

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Cheeseburgers, Oil and Minimum Wage: Building a Museum of Capitalism

Thirty years ago last week, the Berlin Wall came down, a surprise event that soon brought the rest of Soviet-style communism down with it. But a few days before the anniversary of that epochal moment, a crowd gathered in a Greenwich Village gallery to celebrate the opening of the latest iteration of the Museum of […]

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Marc Benioff: We Need a New Capitalism

Capitalism, I acknowledge, has been good to me. Over the past 20 years, the company that I co-founded, Salesforce, has generated billions in profits and made me a very wealthy person. I have been fortunate to live a life beyond the wildest imaginations of my great-grandfather, who immigrated to San Francisco from Kiev in the […]

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The Virtuous Corporation Is Not an Oxymoron

At a time when the federal government is doing little to nothing on matters of great public concern — gun control, paid parental leave, higher wages, you name it — the corporate sector has been urged, pushed and sometimes shamed to fill in the gaps. This year Amazon decided, under pressure, to raise wages for […]

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Episode 2: The Economy That Slavery Built

Listen and subscribe to our podcast from your mobile device: Via Apple Podcasts | Via Google Podcasts | Via Stitcher The institution of slavery turned a poor, fledgling nation into a financial powerhouse, and the cotton plantation was America’s first big business. Behind the system, and built into it, was the whip. This episode includes […]

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Save Capitalism by Paying People More

American businesses are sending a clear message: They need to focus on doing more than making profit. Yesterday, the Business Roundtable, which represents the largest corporations in the United States, published a new, broader statement about the purpose of business, declaring that delivering shareholder value is not enough. The United States Chamber of Commerce, which […]

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What Is Nancy Pelosi Thinking?

Listen and subscribe to our podcast from your mobile device: Apple Podcasts | Spotify | Google Play | RadioPublic | Stitcher Is consumer activism an effective political strategy? Has corporate America become a force for social liberalism? This week on “The Argument,” the columnists talk “woke capitalism.” Ross Douthat thinks the burgeoning phenomenon reflects a […]

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There Should Be a Public Option for Everything

The struggle between capitalism and socialism is back. “America will never be a socialist country,” President Trump tells us, even as Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez champion democratic socialism. At the same time, a consensus is growing — from Ray Dalio, the billionaire hedge fund manager, to Joseph Stiglitz, the economist and Nobel […]

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Moderates Have the Better Story

American progressives have a story to tell, and they are not afraid to tell it. In this story global capitalism is a war zone. Free trade is a racket. Big business and big pharma are rapacious villains that crush the common man. In this context you need a government prepared for war. You need a […]

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Whatever Happened to Moral Capitalism?

What kind of economy do Democrats believe in? Joe Biden calls for “stronger labor laws and a tax code that rewards [the] middle class.” Bernie Sanders wants to raise taxes on the rich and guarantee every adult a job. Elizabeth Warren has a slew of plans that include giving employees seats on corporate boards and […]

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What Are Conservatives Actually Debating?

In March the religious journal First Things published a short manifesto, signed by a group of notable conservative writers and academics, titled “Against the Dead Consensus.” The consensus that the manifesto came to bury belonged to conservatism as it existed between the time of William F. Buckley Jr. and the rise of Donald Trump: An […]

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The United States of Socialism?

Listen and subscribe to our podcast from your mobile device: Apple Podcasts | Spotify | Google Play | RadioPublic | Stitcher Why is socialism having a moment in America right now — and is it the future of the political left? This week on “The Argument,” Michelle Goldberg talks with Bhaskar Sunkara, the editor of […]

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