The past several decades have been turbulent ones for the world system: the financial crisis, the rise of new middle powers ...

Russian novelist Leo Tolstoy begins “Anna Karenina” with, “Happy families are all alike; every unhappy family is unhappy in its own way.” The same, perhaps, can be said about functional and ...

Modern economies depend on unpriced ecosystem functions and undervalued care and reproductive labor—essential inputs that are difficult to commodify. This tension helps explain environmental ...

Jared Dillian is the editor and publisher of the Daily Dirtnap. An investment strategist at Mauldin Economics, he is author of "All the Evil of This World." He may have a stake in the areas he writes ...

Capitalism has long been heralded by many economists as the best economic system around, rewarding — and therefore encouraging — competition and innovation, creating wealth, stimulating growth and ...

Joseph Schumpeter famously summarized the achievement of capitalism in his 1942 book, Capitalism, Socialism and Democracy, ...

This essay is taken from the foreword of George Caffentzis’s Civilizing Money: Hume, his Monetary Project and the Scottish Enlightenment. Caffentzis puts history back into chronology. The British ...

While I agree with the proposals laid out by by former Republican congressman Peter Smith in his op-ed “Community capitalism would strengthen markets and people” (Dec. 14, TribLIVE), I would call them ...

The Ford Foundation makes grants to support New York City taxi drivers and minor-league baseball players. The William & Flora Hewlett Foundation invests in scholars at Harvard, Yale, and Stanford. The ...

President Donald Trump declared that America will never be socialist. He’s beating up a strawman, since there has never been a fully socialist country. That’s because, throughout history, every ...

Haywood Kelly: At Morningstar, we're proud that our research teams not only operate independently but that our analysts are encouraged to explore ideas and raise contrarian viewpoints. The enemy of ...

Back in 2017, “late capitalism” was flourishing on Twitter. At the time, The Atlantic researched the origin and use of the phrase and found it was used to describe the excesses resulting from a ...