Capitalism, however, has its disadvantages. Rich businessmen tend to create monopolies of their business. They lobby solons to junk legislations disadvantageous to their business to the detriment ...

Personally, if limited to the options presented in Fukayama's The End of History and the Last Man, my favorite economic system would be Liberalism. It is a nullity with individual liberty and ...

Capitalism often carries a broad definition ... Explain the Advantages & Disadvantages of Free Market Economies. A free market economy... Land, labor, capital and entrepreneurship are basic ...

Capitalism relies on private ownership and profit motive, with minimal governmental interference. Competition under capitalism drives innovation, efficiency, and theoretically equal opportunity ...

T o Thomas Carlyle, it was “one of the shabbiest gospels ever preached”. Adam Smith was an early fan, but was still ...

I would add that in the full-spectrum from baby boomers to the youngest of the current generation, too many really don’t have a clue as to the complexity, merits and demerits of capitalism and ...

In the richest and most market-oriented country in the world, only 42% of that group said they “supported capitalism.” The numbers were higher among older people; still, only 26% considered ...

Her forthcoming novel, The Conservator, applies this exacting examination to the veneer of Black capitalism and the costs of fetishization. Her newest story, “Flight 2212,” in the horror ...

As we pointed out in a recent article, 51% of young people in the United States no longer support the system of capitalism. And a solid 55% of Americans of all ages believe that capitalism is ...