... Industrialists and Entrepreneurs (RSPP) is something of a paradox. The RSPP reflects the interests of businessmen and companies - ie. the locomotives of the capitalist economy.
So, by definition, these are the very people who most believe in free markets.
Capitalism, in turn, is the pillar of the Western model of economic structure and the main source of open trade and the exchange of goods and ideas. In theory, the idea of political competition also grows from this.
It would be banal to call such sanctions ...
The transformation of capitalism towards a more labour-oriented mode is underway
I am worried about our tendency to overinvest in things and underinvest in people.
– J. Galbraith
In the past several decades the world economy experienced a sizeable rise in the share of ...
... incompetent and inadequate in positions of power, then perhaps the problem is not the people themselves, but the system as such!
Back to the Roots!
The third line of defence is the willingness to acknowledge the serious systemic imperfections of modern capitalism without touching upon the fundamental principles of political liberalism. In this case, it is not so much Donald Trump and Boris Johnson who are to blame, but rather Ronald Reagan and Margaret Thatcher. The argument here is that many Western ...
Coronavirus is a test to see if the global community is ready for the next technological transition
Capitalism has always demonstrated an ability to modernize its technological base at the right time. This has been the key to its development. Any heel-dragging has typically been due to a reluctance on the part of the elites to leave the established ...
... restored to the “silent majority” their say in public affairs and provided them with a means of self-organization beyond the elites’ control.
Ivan Timofeev:
“Twilight of the West?” The New Totalitarianism, Reflection and Free Thought
Liberal capitalism which reproduces and aggravates inequality brought about the Great Depression and led to WWII. But prior to that the contradictions within a society eradicating illiteracy fast, and the globalization, at the time imperialist, resulted in WWI....
... had effected such a convergence and integration that there would no longer be inter-imperialist wars. Varga opined that in the post-World War 11 imperialist systems consolidated under US leadership, there could only be wars between the two systems, capitalism and socialism, but not within capitalism. In his last published work, “Economic Problems of Socialism in the USSR” (1951), Stalin contradicted this thesis (without however mentioning Varga by name) and pointed out that even in the postwar ...
... values – values which have survived to this day.
The Protestant project became part of a more fundamental process, namely, the process of the universal rationalization of all spheres of human existence, which heralded the beginning of the Modern Era. Capitalism emerged as a profit-based rational economic system. The ideas of John Locke were a rational liberal and political doctrine. And the philosophy of René Descartes offered a rational scientific worldview. Protestantism in turn became a rational ...
"Casing Point" Exclusive: True Story about Adventure, Riches & Danger.
The most terrifying weapon in human history is unquestionably a nuclear bomb, but if we look at the real weapons of mass destruction it is in fact small arms, these cause more desolation then any explosion. I am sure, there are some who expect me to tell a story about AK-47 wielding maniacs from South Africa, who travelled to Congo in a bid to secure riches of this vast realm and at the end even save a damsel...
