Articles on Capitalism

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Blazing remnants of the off shore oil rig Deepwater Horizon, off Louisiana, in 2010. The losses produced by polluting companies should cost as ‘negative’ for a country’s growth. Reuters/US Coast Guard/Files

Why capitalism wins. And how a simple accounting move can defeat it

A new accounting system that goes beyond the capitalist understanding of value is bubbling under and could topple capitalism itself.
In Cuba, unlike in many Latin American countries, when you see children on the street, they’re not begging; they’re playing. And therein lies Castro’s dilemma: how to reform Cuba’s stagnant economy without losing what’s working? Dan Lundberg/flickr

Castro’s conundrum: finding a post-communist model Cuba can follow

Cuba won't tolerate the high social costs paid by China and Vietnam in their shift to market capitalism, but its economy desperately needs a reboot.
Much of Miami rallied behind the US president in reinstating the Cuban embargo. Reactions on the island have been predictably less enthusiastic. Bernie Woodall/Reuters

Can Donald Trump change Cuba?

Trump's revamped old policy could have a paradoxical effect on Cuba, seriously damaging the country’s economy while actually galvanising its political system.
Thomas Piketty has demonstrated how inequality can be – and has been over time – fundamentally destructive of sustained economic growth. Reuters/Charles Platiau

If we are reaching neoliberal capitalism’s end days, what comes next?

The crisis confronting neoliberal capitalism suggests that its internal contradictions are now undermining its very foundations. What can we expect from a post-neoliberal world?

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