Alongside rising protests from farmers and workers, China now confronts a middle class anxious about a slowdown in growth and burned by the stock market bust. It’s a volatile brew.
It’s a new kind of barbarism, one that sacks countries with fine print.
You’ve heard of neo-liberalism. Say hello to its younger, wilder cousin: neo-lotteryism.
Convergence theory predicted that the world would become like Swedish social democracy. Why has the opposite happened?
The world is “trapped in the fetishism of economic growth,” says Polish sociologist Ryszard Zoltaniecki and must “learn to live with zero” growth.
Western-style democracies — not the dictatorships they replaced — have allowed deeply undemocratic economic systems to flourish. So what’s to be done?
Can the BRICS wrest control of the global economy from the United States and Europe, or will their internal contradictions tear them apart?
The crisis of capitalism isn’t just about the gap between rich and poor. It’s about the gap between what’s demanded by our planet and what’s demanded by our economy.
For some Korean American activists, the Sewol ferry disaster is a reminder that South Korean capitalism is a product of the country’s authoritarian past—a past in which the U.S. played no small part.
Because it had already been experimenting with a mixed economy, Hungary’s transition to capitalism was less painful than other East-Central Europe communist states.