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Capitalism

Millennial Malaise: Why Young People Are Turning to Socialism

“The post-­Cold War capitalist order has failed us,” declared Sarah Leonard, a senior editor at The Nation. Leonard recently wrote of “today’s under-35s,” pronouncing this demographic as economically distraught, and thus now “more in need of a robust leftist...

Authoritarian Capitalism: Here to Stay?

In 1962, Milton Friedman questioned whether “democratic socialism” could exist. His answer was no—at least not in a sustainable way. Today, with the economic rise of countries like China and India that embrace capitalism but remain politically autocratic, we might ask...

Let Them Eat Capitalism

Clive Crook, a columnist at BloombergView, recently challenged what he calls the “Aspen Consensus,” a set of unquestioned assumptions by the Intellectual Class that capitalism is a “morally tainted enterprise.”  Such a view, Crook finds, is held most fervently and...