Posts Tagged ‘capitalism

12
Nov
09

Have we fallen out of love with capitalism?

canaryHistorians may disagree on the detail, but most would agree that a desire to have democracy and capitalism lay at heart of why the Berlin wall came down. Many believed this was it – liberal democracy and free market capitalism would sweep the world as the undeniable logic of both systems defeated all the alternatives. To be honest as a 15 year-old watching the fall of communism, I can remember writing much the same in a history essay the time. But things haven’t quite worked out like that, judging by a survey today. Continue reading ‘Have we fallen out of love with capitalism?’

15
Sep
08

Is there an alternative to capitalism?

It’s been a dramatic day for the global economy with massive US financial institution Lehman Brothers filing for bankruptcy and Merrill Lynch being bought out by the Bank of America, both once champions of free market capitalism. Just last week, the US government effectively nationalised mortgage giants Fannie Mae and Freddie Mac and the UK government recently had to bail out Northern Rock. It’s got us asking not only if capitalism has failed but what’s the alternative? Continue reading ‘Is there an alternative to capitalism?’




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