Immanuel Wallerstein was convinced that the capitalist system would end within the next few decades and would either be replaced by a more regressive world-system or a more democratic and egalitarian ...

Capitalism’s addictive nature lies in its ability to constantly rebrand itself as necessary. Like a smoker who rationalizes ...

Capitalism, communism and socialism are the world's three major economic systems. While the phrase "economic system" may seem like a yawn, countless people have fought and died in major wars over ...

What was Marx's prognosis for the capitalist system that he knew? The answer lies in that enormous work Das Kapital (Capital). It was 18 years in process; in 1851 it was to be done "in five weeks ...

A lecture on the first published translation of Karl Marx’s “Das Kapital” in half a century was held on Thursday in the Fine ...

But can those who get the “the ick” — to borrow Gen Z slang — from participating in a capitalist society truly opt out?

Immigrants become the scapegoat because of their perceived outsider status. It is much easier to point the finger at someone ...

Private Property Promotes Economic Efficiency Most political theorists and nearly all economists argue that capitalism is the most efficient and productive system of exchange. Private property ...

A clear lesson emerges: When hegemonic capitalist systems fail communities, people find ways to build their own economic institutions based on solidarity instead of profit and competition. Today, as ...