The promises of reform at Foxconnare the latest of many as China painfully adjusts to the inevitable social realignment that comes with a capitalist economy. What is occurring in China now happened in ...
Is China just another case of modern industrial development? It is tempting to talk about the country’s economic and social ...
Opinion

When Capitalism Fails

Capitalism is an efficient economic system because it works directly off consumer needs and delivers supply where there is demand in pursuit of profit. The question is not whether capitalism works, ...
A longstanding consensus holds that Western industrialized economies achieved their unprecedented levels of prosperity only by eradicating corruption, and that modern China's rapid GDP growth ...
Since their emergence, socialist theories have evolved through prolonged intellectual debate and extensive practical ...
China is one of the major fulcrums of globalization. This has spurred endless pieces and discussion, from hand-wringing over threats to the West’s power to questions of whether the People’s Republic ...
CNBC’s Andrew Ross Sorkin called out President Donald Trump for turning the U.S. economy into “state-sponsored capitalism” akin to China’s system. Sorkin appeared on the MeidasTouch podcast Thursday — ...
It is tempting to frame the Sino-American economic rivalry as a clash between engineering doers and lawyerly naysayers, as the Chinese-Canadian analyst Dan Wang does in his new book Breakneck: China's ...
According to John Cassidy’s century-spanning history Capitalism and Its Critics, the system lives on because of its antagonists. A Social Democratic leaflet against capitalism, 1905. In 2008, on the ...