Capitalism is the greatest socio-economic system in human history, because it’s so moral and so productive – the two features so essential to human survival and flourishing. It’s moral because it ...

"After months of struggling to find their footing, it looks like the GOP has finally found an effective spokesman: Republican leaders have unveiled the reanimated corpse of Ronald Reagan (and) the ...

Right-wing critics have a new favorite word to malign President Obama’s economic policies: corporatism. Naturally, it’s an ugly word. Whether it evokes Benito Mussolini’s fascist Italy or just an ...

When a front-running presidential contender tells the country that thanks to Barack Obama, "[w]e are only inches away from ceasing to be a free market economy," one is left scratching one's head. How ...

Goliath: The 100-Year War Between Monopoly Power and Democracy, Matt Stoller, Simon & Schuster, 608 pages. The system isn’t broken; it’s working exactly as it was designed too. This lesson, above all, ...

In 1970, General Motors was the largest and most profitable company in America. Today, of course, GM is neither. Instead, in 2009 America’s largest company is Wal-Mart, which was still only a regional ...

Sixty years ago, the key sectors of Americans society -- business, labor, and government -- often worked well together to grow the U.S. economy. CEOs understood that giving workers a fair of the ...

Corporatism is out of fashion; it has been a dirty word since the 1970s. Yet it helped to create the postwar settlement that saw an unprecedented growth in working-class wealth and opportunity. It ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. From Mr Ben Calsbeek. Sir, Edmund Phelps (“Corporatism not capitalism is the root of inequality”, Comment, July ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It was always clear that German corporatism would not survive the first half of the 21st century. What was less ...