Articles on Capitalism

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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?
At one time, Bibles and Sears catalogs were printed here. Now, this building is known as the Lakeside Technology Center, one of the largest data centers in the world. Teemu008/flicker

The factories of the past are turning into the data centers of the future

Data centers are taking over the factories where workers once processed checks, baked bread and printed Bibles. What will the rise of the information-based economy mean for American cities?

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