Capitalism

To Build an Equitable Economy, We Must Understand Capitalism’s Racist Heritage

American capitalism was built on racial exploitation, from the enslavement of Black people to institutionalized discrimination and its structural impact on our...

The Year’s Top 5 Capitalisn’t Podcast Episodes

This year's top five most-downloaded episodes of Capitalisn't ranged from discussions of private equity and inflation to Capitalism itself. Download these episodes...

Capitalism Does Not Require a Tradeoff Between Planet and Profit

Critics of capitalism claim that the economic system incorrigibly encourages the exploitation of the planet and is thus incompatible with efforts to...

How Austerity Emerged after World War I to Preserve Capitalism

In this excerpt of a new book, The Capital Order, Clara Mattei traces the origins of austerity to the period just after...

How Does Party-State Capitalism In China Interact With Global Capitalism?

Excerpted from The China Questions 2: Critical Insights Into Us-China Relations, edited by Maria Adele Carrai, Jennifer Rudolph, and Michael Szonyi, published...

Chart of the Week: Income Inequality Threatens Capitalism

A new survey of economists by the Initiative on Global Markets indicates that 67 percent agree or strongly agree that the rise...

Corporate Sovereigns and the Emergence of State Sovereignty: A Closer Look at the East India Company

A new data collection has made it possible to reveal the self-sovereignty of the English East India Trading Company that produced a...

Why Aligning Antitrust Policy With Sustainability is a Moral Imperative

The looming ecological disaster means that it is time for competition researchers, policymakers, lawyers, and economists to devise competition policies that focus...

How China Became a Global Economic Powerhouse Through an Idiosyncratic Approach to Market Capitalism

Chinese reformers after the death of Mao Zedong in 1976 agreed that it was necessary for China to move towards marketization, but...

The Communist Origins of China’s Embrace of Markets

In an excerpt from his book Market Maoists: The Communist Origins of China’s Capitalist Ascent, Jason M. Kelly explores the commercial relationships...

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LATEST NEWS

Monetary Policy

How Many Banks Are at Risk of Insolvency Right Now?

Amit Seru, Erica Xuewei Jiang, Gregor Matvos, Tomasz Piskorski

Given the recent banking turmoil and failure of SVB and Signature and issues in First Republic, it is important to understand the...

Misinformation

The Challenges of Regulating Disinformation

Federico Vaccari

In response to rising concerns about political disinformation, governments have introduced a slew of interventions. Federico Vaccari warns in new research that...

Development

India’s Evolving Industrial Policy Is Critical for Realizing Its Development Vision

Nagesh Kumar

Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s...

Big Tech

Can Twitter Be a Force for Good? Social Media Helps Curb Corporate Misconduct

Jonas Heese, Joseph Pacelli

Collective shaming on social media is crucial in reducing corporate misbehavior — and society would be significantly worse off without watchdog platforms.

Populism

The Historical Cost of Populism

Moritz Schularick, Christoph Trebesch, Manuel Funke

Most work on populism has investigated the reasons why voters choose populist leaders and governments. In new research, Moritz Schularick, Christoph Trebesch,...