Tags » American Capitalism

The $153,000 Snake Bite and America's Decline

The paradox of American capitalism is that we say it works best when there is a “free market” with competition.  But as we have seen time and again the goal of business, even in healthcare, is obtain monopoly status (i.e. 543 more words

General Cynicism

BRENT STAPLES: What America Owes Harriet Tubman

New York Times — American capitalism is deeply implicated in slavery. The traffic in human beings produced profits, not just for plantation families, but for bankers, merchants, manufacturers and insurance companies that issued policies on slaving vessels and the lives of the people who were carried in their holds. 57 more words


HOLMAN W. JENKINS, JR: The GOP’s Anti-Business Temptation

Wall Street Journal: Warren Buffett picks a high-risk moment to become the face of corporate downsizing.

Warren Buffett is American capitalism’s answer to Marcus Welby, the 1970s TV doctor who put a warm, matter-of-fact face on things that must be endured. 48 more words


What's the matter with us Americans?

Europeans think Americans have gone crazy.  Ann Jones, who has lived in Europe for decades, said her European friends once respected the United States, but no longer.  622 more words


Martin J. Sklar on corporate liberalism

The giant business corporation is a type of institution which has made possible economic growth and creation of wealth on a scale never before seen in history.  1,305 more words