Cuba’s Communist revolution took aim at private businesses, making them largely illegal. Today, they are proliferating, while the socialist economy craters.
Tag: Capitalism (Theory and Philosophy)
Meet the Xi Jinping Loyalist Now Overseeing China’s Economy
He Lifeng’s long career in government has spanned the extremes of China’s approach, from the early embrace of small business in the 1980s to today’s tighter state control.
World Economic Forum in Davos Confronts a New Order
The Covid-19 pandemic, invasion of Ukraine, trend toward autocracy and economic inequalities challenge the World Economic Forum’s relevance.
Turkish Author Ece Temelkuran Sees a Contested U.S. Election Through the Lens of an Attempted Coup
Ece Temelkuran, a Turkish author, sees parallels between Donald Trump’s claims of election theft and the 2016 attempt to depose Recep Tayyip Erdogan.
Patagonia Founder Gives Away the Company to Fight Climate Change
Yvon Chouinard has forfeited ownership of the company he founded 49 years ago. The profits will now be used to fight climate change.
Reckoning With Memories of Budapest
A Times journalist spent three months capturing a contemporary portrait of Hungary’s capital, where he lived for several years as a child in the early ’90s.
At Davos, a Referendum on the World Economic Forum
Many values espoused by the World Economic Forum — globalization, liberalism, free market capitalism, representative democracy — are under attack.
Yet Another Covid Victim: Capitalism
Two economic experts from two different nations agree that the pandemic has altered the world’s economy and brought capitalism and its power into question.