Word: capitalisme
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Freeman attributes the U.S.’s earlier dominance in science and engineering to market capitalism, which gave it an economic advantage over command economies like the USSR and China. As those countries turn to market capitalism, the U.S. will begin to lose its lead, he said.
The conflict between radical Islam and the West, like all ideological struggles, is about competing stories. The audience is the global community of Muslims. America portrays itself as a benign and tolerant force that, with its Western partners, holds the keys to progress and prosperity. Radical Islamists declare that the...
Hanns Ostmeier was stunned to pick up a popular German newspaper one recent Sunday and find a photo of himself along with several colleagues in a mock WANTED poster. Ostmeier's offense: he runs the German operations for the Blackstone Group, the big U.S. buyout firm. Blackstone isn't exactly...
The critique, just before a key state election that the SPD lost badly, sparked a furor and a nationwide debate about capitalism that continues to reverberate. Initially nervous, Ostmeier and managers at other major private-equity groups in Germany were silent. But these days, Ostmeier is speaking out in public...
The backlash against American "locusts" in Germany reflects recent wrenching shifts in the way continental Europe does business. Germans in particular have taken pride in their "humane" form of capitalism, characterized by relatively short working hours and high pay, in contrast to what they see as a more cutthroat, competitive...