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Articles on Capitalism

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A woman takes a picture of red lanterns and decorations on display in the trees ahead of the Chinese Lunar New Year in Beijing on Feb. 4, 2024. (AP Photo/Andy Wong)

Why the West’s resentment of China is so misguided

Western hostility towards China reflects the grudging realization that the West may not be the pinnacle of achievement after all.
Do Argentinians have the patience for their new president’s shock therapy? Juan Ignacio Roncoroni / EPA

Javier Milei: Argentina’s new president presses ahead with economic ‘shock therapy’ as social unrest grows

Argentina is already feeling the sting of its new president’s policies – but Javier Milei is pressing ahead with ever-more radical plans to overhaul the economy.
A worker rakes wheat in a granary on a farm near Kyiv in August 2023, a month after Russia pulled out of a deal aimed at protecting ships carrying Ukrainian grain through the Black Sea. (AP Photo/Efrem Lukatsky)

Grain as a weapon: Russia-Ukraine war reveals how capitalism fuels global hunger

The Ukraine war’s impact on food insecurity is critical, but there is more to the picture. The main problem is that capitalism allows food and other basic needs to become precarious commodities.

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