Mr. Beat explains the difference between capitalism, socialism, and communism. Karl Marx was the one who first articulated it ...

For over a half century, David Harvey has been a central figure in Marxist debates around the future of capitalism. He is not ...

Stephanie Kelton, a professor of economics and public policy, formerly chief economist on the US Senate Budget Committee with the endorsement of Bernie Sanders, is a leading proponent of modern ...

This publication has been produced to meet accepted Accessibility standards and contains various accessibility features including concise image descriptions, a table of contents, a page list to ...

This is the first part of a two-part article. Throughout the history of capitalism and its recurrent crises, various theories have been brought forward by “left” theorists who maintain that these ...

Capitalism isn’t what it used to be. Since 2008, critics of the world’s dominant economic system have been lamenting its imperviousness to change. And for good reason. In earlier epochs, financial ...

Anarcho-capitalism is a political and economic theory that merges the principles of anarchism and capitalism. It advocates for a society without a centralized state, where individuals freely exchange ...

A cornerstone of orthodox economics is the idea that capitalists’ decisions about investing and producing are inherently “efficient.” This means that capitalists select among all alternative courses ...

Environmental destruction— climate change, species loss, oceanic depletion, and the rendering of vast tracts of air, water and land unusable has, according to a group of recent IPCC reports, reached ...

This is the second part of an article. Part one is available here. Historically, gold emerged as the money commodity. Over the past century and more, fiat money issued by the state has come to replace ...