Tag Archives | capitalism

When You Want a Hammer, Everything Looks Like a Nail

Post-racial politics is officially over. The hope that electing the first black president would put an end to the era of racial politics has long ago seemed quaint, along with many other exaggerated expectations for Barack Obama. But now we have proof that a whole new era of racial politics is just beginning. The new […]

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Paul Krugman’s Case Study in Inequality

Last week, Gawker got the scoop on the terms of New York Times columnist Paul Krugman’s new position with the City University of New York. A letter from the university offers to pay Krugman $225,000 for his first nine months of work, in exchange for which he has no responsibilities except to “play a modest […]

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The End of ‘Islamic Democracy’

Top Stories of the Year: #4 With the beginning of the Arab Spring about three years ago, we entered the post-9/11 era—an era in which the biggest story is no longer the conflict between radical Islam and the West but instead is the Arab world’s conflict with itself. This is the year in which the […]

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The Unsung Legacy of Nelson Mandela

The memorial service for former South African prisoner-turned-president Nelson Mandela cemented the widespread portrayal of Mandela as a kind of secular saint—and the vilification of the American right for supposedly refusing to support him back in the 1980s. The truth about Mandela, it turns out, is a lot more interesting than that. First, let’s be […]

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Best Practices

In the next few weeks, I intend to revisit the subject of my essays on “What Went Right?” It has been easy to forget about things going right for the past five years because so many things have been going very wrong, for Americans at least, under our current president. But a lot of things […]

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Trustbusters

Remember back when Microsoft was the huge juggernaut that was going to totally dominate the technology industry and take over the world? I do, because I cut my teeth as a political writer and activist by defending Microsoft against the antitrust persecution whipped up against it by envious rivals. One of the arguments I made […]

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The Forward Strategy of Capitalism

George W. Bush used to talk about the Forward Strategy of Freedom, which is perhaps looking a little better now that we’ve seen some vindication for the notion that Arabs and Muslim would be willing to stand up for freedom. An unappreciated part of that strategy was Bush’s push for global free trade, with the […]

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Newsflash: Capitalism Works

A business columnist with the New York Times reports with a sense of wonder that central planning doesn’t work, while a business columnist with Time reports with an equal sense of wonder that capitalism does work. Brad Tuttle describes a new system being tested at Disney theme parks to “to cut down on wait times […]

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