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Articles on Capitalism

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People walk through the London Stock Exchange lobby. Will the excesses of big business become more prominent in post-Brexit UK? Reuters/Suzanne Plunkett

Controlling big business in a post-Brexit world: Can the UK cope alone?

The UK’s free market orientation and its strong tendency towards short-termism and impatient capital could have significant adverse effects on the economy in the long run.
Conflict politics on the right and the left. EPA/PETER FOLEY

Is a capitalist democracy possible?

The world seems caught between the competing political ideologies of left and right, with capitalism is caught right in the middle.
EPA/How Hwee Young

Capitalism with Chinese characteristics

Capitalism is, as the Marxists used to say, full of contradictions. It may well be the greatest wealth-generating machine ever invented. But it is famously volatile, unpredictable and prone to cyclical…
When our political institutions are market-driven, they risk becoming a democratic shell that no longer serves the people, as the European Union experience is showing. Theophilos Papadopoulos/flickr

Democracy that bows down to the market is a false compromise

Democracy’s problem is not the crisis but the triumph of capitalism. Democracy has become market-conforming, resulting in whole sections of society lacking meaningful representation.
There’s a reason they call them ‘impulse purchases.’ frankieleon/Flickr

The dark side of free markets

While free markets have delivered benefits, they also prey on our weaknesses, tempting us to buy things that are bad for us, be it sweet candy or sour investments.

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