Political Capitalism

For the past 50 years, the business world has been dominated by the Milton Friedman financial capitalism economic model, which preaches that it is the "sole social responsibility of business to maximize profit for distribution to shareholders". This one-dimensional focus represents a grossly incomplete view of reality - there are many other factors businesses need to pay attention to if they are to thrive and endure.

A thought-provoking and penetrating account of the post-Cold war follies and delusions that culminated in the age of Donald Trump from the bestselling author of The Limits of Power. When the Cold War ended with the fall of the Berlin Wall, the Washington establishment felt it had prevailed in a...

Our cities are changing. Around the world, more and more money is being invested in buildings and land. Real estate is now a $217 trillion-dollar industry, worth 36 times the value of all the gold ever mined. It forms 60 percent of global assets, and one of the most powerful people in the world - the president of the United States - made his name as a landlord and developer.

The Ixa smashed the galaxy to bits before they were defeated. Captain Husher has sounded the alarm in the decades since: the Ixa’s creators will return to finish the job. But unlike Husher, the galactic government didn't battle the Ixa, and the politicians have convinced themselves that maintaining peace means limiting the ability to wage war.

The author of The Hospital asks: Can one poor city show the way to restore faith in government and reimagine the nation’s future? Chester, PA, a poor, majority Black city just south of Philadelphia, is plagued by gun violence, decrepit infrastructure, a hospital at risk of closing, and a scary...

War Is a Racket is a classic short treatise by Major General Smedley D. Butler, one of the most decorated U.S. Marines in American history, turned outspoken critic of war. Drawing on his 34-year military career and firsthand experience in conflicts from the Caribbean to World War I, Butler delivers a powerful critique of how modern wars are driven not by noble ideals but by economic interests that profit from conflict.

The roads we drive on; the pipes that supply our drinking water; the farmland that provides our food; energy systems for electricity and heat; hospitals, schools, and the homes in which many of us live—all now swell asset managers' bulging investment portfolios. As the owners of more and more of the basic building blocks of everyday life, asset managers shape the lives of each and every one of us in profound and disturbing ways. In this eye-opening follow-up to Rentier Capitalism, Brett Christophers peels back the veil on "asset manager society."

A rivalry that remade the political world as we know it today Politics today doesn’t look much like it did fifty years ago. Electorates that were once divided by economics—with blue-collar workers supporting leftwing parties while the wealthy trended right—are now more likely to split...

What exactly is capitalism? How has the meaning of capitalism changed over time? And what's at stake in our understanding or misunderstanding of it? In Capitalism, Michael Sonenscher examines the history behind the concept and pieces together the range of subjects bound up with the word. Sonenscher shows that many of our received ideas fail to pick up the work that the idea of capitalism is doing for us, without us even realizing it.

“There's much to take in, and Madrigal's zeal gives the audiobook momentum.”—AudioFile This audiobook, written and read by Alexis Madrigal, reveals how understanding Oakland explains the modern world. In The Pacific Circuit, the award-winning journalist Alexis Madrigal sculpts an intricate...

Lew Rockwell, in this new volume, examines the starkly contrasting systems of capitalism and fascism, noting profascist trends in recent decades as well as the larger historical trends in the United States and internationally. Combining economics, history, and political philosophy, this book doesn't just provide a diagnosis of what ails American and Western society, but also sheds light on how we might repair the damage that has been done.

"The Greatest Story Ever ToldDispute over land and kingdom may lie at the heart of this story of war between cousins-the Pandavas and the Kouravas-but the Mahabharata is about conflicts of dharma. These conflicts are immense and various, singular and commonplace. Throughout the epic, characters...

How serious are the threats to our environment? Here is one measure of the problem: if we continue to do exactly what we are doing, with no growth in the human population or the world economy, the world in the latter part of this century will be unfit to live in. Of course human activities are not holding at current levels—they are accelerating, dramatically—and so, too, is the pace of climate disruption, biotic impoverishment, and toxification.

Marxism is the most evil, deadly, totalitarian philosophy of government in history. Marxist governments are estimated to have murdered more than 100 million of their own citizens to purge even potential nonconformists just in the 20th century alone. Yet Marxist propaganda is widely lauded and promoted in American schools and universities by the media, entertainment, and even representatives of our own government.

Before and after World War II, a serendipitous confluence of events created a healthy balance between the market and the polity - between the engine of capitalism and the egalitarian ideals of democracy. A global financial system was devised explicitly to allow nations to manage capitalism. Yet this golden era turned out to be lightning in a bottle. From the 1970s on, a power shift occurred, in which financial regulations were rolled back, taxes were cut, inequality worsened, and disheartened voters turned to far-right faux populism. Can democracy find a way to survive?

Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment - paired with rampant nepotism and cronyism - on a country’s economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better.

In Capitalism, Alone, leading economist Branko Milanovic explains the reasons for this decisive historical shift since the days of feudalism and, later, communism. Surveying the varieties of capitalism, he asks: What are the prospects for a fairer world now that capitalism is the only game in town? His conclusions are sobering, but not fatalistic. Capitalism gets much wrong, but also much right - and it is not going anywhere. Our task is to improve it.

This insightful study explores how the economic system Vladimir Putin has developed in Russia works to consolidate control over the country. By appointing his close associates as heads of state enterprises and by giving control of the FSB and the judiciary to his friends from the KGB, he has enriched his business friends from Saint Petersburg with preferential government deals. Thus, Putin has created a super wealthy and loyal plutocracy that owes its existence to authoritarianism.

"The Soul of Man under Socialism" is an 1891 essay by Oscar Wilde, following his conversion to anarchist philosophy after having read the works of the philosopher Peter Kropotkin. Propounding a libertarian socialist worldview, Wilde argues that - under capitalism - most people are forced to spoil their lives through an unhealthy altruism trying to solve the social problems caused by capitalism, instead of developing their true talents. He did not object to altruism per se, but was concerned about its misapplication in a way that does not address the root of the problem.

America is in trouble. We face four major challenges on which our future depends, and we are failing to meet them—and if we delay any longer, soon it will be too late for us to pass along the American dream to future generations. In That Used to Be Us, Thomas L. Friedman, one of our most...