Word: capitalisme
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Wherever he is and whatever he is eating, King comes on like a force of nature. With a mixture of grandiloquent rhetoric ("I cannot be castigated by accusation and invective") and jive ("I like to make deals that give me my money and my honey at the same time"), King...
Despite his almost legendary absences from the campus, Galbraith, 66, is one of Harvard's best-known professors, and probably one of the world's most famous economists. He also emerged as a jet-set superstar who is as likely to be skiing in Gstaad, speech-making in...
The gap that separates the poor from the affluent has been a prime source of tension, division and violence in American life. A critical challenge for politicians and economists alike has long been to try to find a way to soften the harsher injustices of U.S. capitalism without crippling it...
Okun, a senior fellow at Brookings, an influential liberal Democrat and a member of TIME's Board of Economists, questions the social sensitivity of capitalism. The free market, he maintains, allows "the big winners to feed their pets better than the losers can feed their children," and if left...
If Mosley is saying "I told you so," he has some justification. Though it is easy to despise his tactics, Skidelsky argues that Mosley has usually had a realistic grip on trends in economics and history. Earlier than most, he understood the breakdown of 19th century imperialistic capitalism and the...