Word: capitalisme
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Dates: during 2000-2009
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Discussions of the U.S. losing its spot as global top dog often get mired in predictions of doom and comparisons to the Roman Empire. When Rome fell, technological advances were lost for centuries, and Europe descended into the Dark Ages. The rise and fall of economic powers since the dawn...
Guy Groux, a specialist in French social and labor conflict for the National Center of Scientific Research, notes that while that kind of activity would bring about legal punishment and public denunciation elsewhere in the world, it's viewed with singular tolerance in France. That's due in part to...
As for other forms of financial regulation, many conservatives long thought that few, if any, were needed, but the crisis has changed some minds. Alan Greenspan's famous October admission that his antiregulation ideology had failed was a landmark on this front. Federal judge and Chicago Law School professor Richard...
Looked at one way, the results of the European parliamentary elections, held across the European Union's 27 member states last week, can be seen as a continent-wide rejection of the center left and an embrace of the center right - with some far-right candidates doing well, too. Socialist...
The result is almost perverse. At a time when the left's longstanding complaints about the free market and the lack of workers' protection are being widely acknowledged and agreed with, voters are turning their backs on those parties that now seem to have been so prophetic. "There is an...