Word: capitalisme
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In Europe, where America the Beautiful has lost some of its luster of late, De Feo's enthusiasm is increasingly rare. According to the 2008 Pew Global Attitudes Project survey, the number of Brits who view the U.S. favorably has dropped from 83% in 2000 to 53% today; in France...
Economists say China's peculiar combination of unbridled capitalism and top-down state control has walled off the country's banks from most of the potentially harmful effects of the crisis. Although the country's membership in the World Trade Organization has required it to open its financial services sector...
Sarbanes-Oxley is not popular among free-market advocates. "I know," says Levine, "people involved in all this will say that they wanted to maximize shareholder value." But he thinks that today's capitalism needs to be a little more bounded in order to protect the possible victims of its...
Europe's schadenfreude about the self-immolation of American capitalism did not last very long, and those who crowed about the humbling of the "hyperpower" should have known better. For it is an iron law of global economics that America goes first, and Europe follows; that has been true at...
The trouble with writing a book about the future is that the future can arrive very quickly. Since Chris Patten's What Next?: Surviving the Twenty-First Century went to the printers, Russia has sent troops into Georgia and the global financial system has cracked so badly that some are...