Tag capitalism

The Four Horsemen of Capitalist Decline

Fredrik Erixon and Björn Weigel— Now, however, capitalism seems to have lost its founding spirit of enterprise. Four forces that guided the economy from the 1970s assisted in reducing the scope for experimentation and innovation. They are not the Four Horsemen of the Apocalypse, nor were they all undesirable, but

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Taming the US Shadow Banks

Tamim Bayoumi— US financial reformers faced a fundamentally different issue from those in Europe. Banks in Europe were under a flawed single system. The issues in the United States, on the other hand, centered on the dual nature of the pre-crisis banking system that contained a relatively tightly regulated core and

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To London, with Love: Lost at Sea

Ivan Lett— Here in New Haven, the memory of La Amistad and its historic court trial pervades the memory of our coastline. Popular recreations of the slave ship’s story, such as the 1997 Spielberg film or the ship replica at Mystic Seaport, remind us of the horrors of slavery and

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Globalization Is Not America’s Most Wanted

The “economy” has practically become a dirty word now. It’s usually the answer to the question, “What issue concerns Americans the most?” and has led to frantic searches for explanations. Whatever the “real” cause, one of the major scapegoats for the “Great Crisis,” as Gary Clyde Hufbauer and Kati Suominen call it, is globalization. In their book Globalization at Risk: Challenges to Finance and Trade, they argue that while globalization had a role in creating our current situation, we don’t have to send the Navy SEALs after it.

Why Do We Work? Answers from Karl Marx, Wendell Berry, and Dorothy Sayers

Today’s “Why Marx Was Right” blog discussion features an essay by Jake Meador on Chapter 5 of Terry Eagleton‘s Why Marx Was Right, addressing the claim: “Marxism reduces everything to economics.” Jake Meador One of the most common dismissals of Marx accuses him of historical reductionism. “Marx creates a caricature

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From Suffrage to Suffering? Modern Mothers’ Work

On August 18, 1920, the 19th Amendment was officially ratified, bringing fruition to the women’s suffrage movement and acting as a platform for modern day feminism. Since that time, commonly known as feminism’s first wave, women’s rights movements have progressed. During the early 1900s, suffrage was a primary concern of

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Speth brings together governors to fight climate change

U.S. Governors and top environmental officials will meet tomorrow here at Yale University to exchange ideas on how states and the federal government can combat global warming and develop a strategy for future action. The gathering, organized in part by Yale Press author Gus Speth, will also celebrate the centennial

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Yale Press Podcast, Episode 13

Episode 13 of the Yale Press Podcast is now available. Download Episode 13 In Episode 13, Chris Gondek speaks with (1) Richard Sennett, winner of the 2006 Hegel Prize for lifetime achievement in the humanities and social sciences, about the art of craftsmanship; and (2) Gus Speth, dean of the

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John C. Bogle to speak at Georgetown University commencement

Next weekend John C. Bogle, founder and former CEO of The Vanguard Group, will speak at the MBA Commencement Ceremony at Georgetown University. Among his other achievements, Bogle is the author of Battle for the Soul of Capitalism, published by Yale University Press. Bogel’s book was named named Best Book

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How Do You Like Them Apples?

“If anyone still harbors the fantasy that the business scandals of the past few years were the handiwork of just a few bad apples, they should read John C. Bogle’s Battle for the Soul of Capitalism,” writes Jeff Madrick in Sunday’s New York Times Book Review. Madrick’s review comes out

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