Word: capitalisme
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California may be lighting the way ahead for the rest of the failing U.S. economy. If so, one of the prominent features of its decline is that the government could not prevent it. The easy argument against that view is that a state cannot print money to sustain its economy...
President Obama has acknowledged the success of the Swedish model, but he says that “cultural differences” and the relative complexity of our banking system make the model unfit for America. However, only the 19 biggest banks would be up for government receivership. Moreover, keep in...
The book tells the story of two siblings' struggles through the turmoil of the Mao era and the country's transformation under Deng Xiaoping. The coarse, shameless Baldy and his handsome, trustworthy stepbrother Song Gang grow up poor during the Cultural Revolution. They watch as their father is persecuted to...
His support of less government regulation led to the collapse of Enron, the Madoff scandal, the housing crisis, the credit crisis, a deteriorating environment, global warming, and other ills. Managed capitalism can be wonderful, but if we allow the greedy to do whatever they want, we will again face sweatshops...
Wall Paper. The first exhibition to open at LACMA's new Renzo Piano designed-building, the Broad Contemporary Art Museum, examines the artwork produced on either side of the Berlin Wall during the postwar division of the country. The "Art of Two Germanys/Cold War Cultures" displays paintings, sculptures, photographs, videos...