Marx

Is it time to reassess whether capitalism is an ethical, morally-proper economic system?I. Road to Freedom, Road to SerfdomOn Tuesday, NPR's Steve Inskeep spoke with the president of the American Enterprise Institute Arthur C. Brooks regarding Brooks' book, The Road to Freedom: How to Win the...

Is there a connection between recent rhetoric discussing the end of capitalism and the end of American football? Were Karl Marx alive today, he might say that there is.I. A recurring theme for some financial commentators recently has been the "end of capitalism". The recent World Economic Forum...

I recently suggested that a major tech boom may very well be on the horizon in the US economy -- spurred by a blend of vigorous technological development, desperation in the marketplace, and the conatus of human survival. I use the word "boom" and not "bubble" in the sense that such technological...

I. The Death of Capitalism?A recent MarketWatch article written by Chris Oliver discussed how a financial author named Richard Duncan believes that capitalism is dead and credit is forming the basis of the contemporary economic system. According to the article, Duncan has said that "this...

Income inequality has become a hot issue in the current political debate, but what does income inequality really portend for the future?MarketWatch's Darrell Delamaide had an article Wednesday arguing that the issue of income inequality in the American political debate is not going away anytime...

Is capitalism in crisis?I. David Pilling had an interesting article for the Financial Times Sunday discussing problems with global capitalism and seeking economic prosperity while analyzing possible risks and perils with the capitalist system. The article portends that as economies in the West...

Sometimes bread tastes better than freedom. One has to wonder how much freedom a starving individual would be willing to give up in order to survive. This is something to keep in mind going into the next year as we make our way through the global financial crisis. And as we approach the beginning...

On Wednesday, Marketplace's Kai Ryssdal interviewed Stephanie Elsenpeter, an unemployed mother living in New Hope, Minn. Elsenpeter discussed how her emergency-extended unemployment benefits are going to run out the week of Jan. 8. On the topic of her unemployment benefits running out, Ryssdal...

In another testament to the fallacies and disastrous effects of Marxism in practice, Cuba announced on Thursday that citizens will soon be permitted to sell and purchase real property. The Associated Press is reporting that "the law will take effect Nov. 10 and applies to citizens living in Cuba...

All attempts to reform the Status Quo of advanced finance-based Capitalism will fail, as its historically inevitable crisis is finally at hand. It is self-evident that conventional economics has failed, completely, utterly and totally. The two competing cargo cults of tax cuts/trickle-down and...