capitalism

Created
Sun, 05/02/2023 - 22:30

By Ralph Nader The word “inequality” is everywhere in the media. It usually refers either to race, gender, rich vs. poor, or other differences between human beings. Absent from the public debate is the biggest perpetrator of “inequality” against human beings – the corporate entity itself. Ever since 1886 when a U.S. Supreme Court reporter, […]

The post Ralph Nader: The Progenitor of Inequalities – Corporate Personhood vs. Human Beings appeared first on scheerpost.com.

Created
Mon, 06/02/2023 - 08:02

At a forum in Australia on Monday the 23rd, Microsoft co-founder Bill Gates described China’s rise to a leading global economy as a “huge win for the world.” According to Forbes, Gates stated: “I do think the current mentality of the U.S. to China — and which is reciprocated — is kind of a lose-lose […]

The post Bill Gates Sees ‘China’s rise’ as ‘Huge Win For the World’ appeared first on scheerpost.com.

Created
Thu, 02/02/2023 - 06:00

The term “late capitalism” seems to be everywhere as a trending meme – often used as a kind of shorthand to illustrate the absurdities of certain free market economies. On Twitter, you will find the hashtags #latecapitalism (English), #tardocapitalismo (Italian), #capitalismotardio (Spanish), and #spätkapitalismus (German), among others. Typically, they satirise notions such as the idea of endless growth. The term also pops up in a wide range of academic articles and books. There are, for instance, discussions around the populist rise in late capitalism, the increase in financial-related investments in late capitalism, migration conditions in late capitalism, and so on. But what are the origins of this term? And what, exactly, does it mean?

The post We live in a time of ‘late capitalism’. But what does that mean? appeared first on Progress in Political Economy (PPE).