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capitalism
Capitalism is like playing poker - legality is the rulebook, but morality is the bluff
The case of Elon Musk's pay deal underscores the concept of shareholder capitalist democracy, where shareholders wield the power to make decisions that shape the direction of the company.
18 June 2024, 06:14 IST
Capitalism is like playing poker - legality is the rulebook, but morality is the bluff
18 June 2024, 06:14 IST
There's a reason Trump has friends in high places
According to Sam Sutton, several Wall Street executives and Silicon Valley venture capitalists who backed President Donald Trump and then spurned him after the January 6 insurrection have now returned to the fold, with open arms and open wallets.
11 June 2024, 14:13 IST
There's a reason Trump has friends in high places
11 June 2024, 14:13 IST
Justice for all
In capitalist governance, each dollar gives an additional vote. In a democracy, every citizen, millionaire or pauper, must have an equal vote. The conflict between capitalism and democracy is a conflict between two fundamental principles of governance: property rights and human rights.
04 May 2024, 01:37 IST
Justice for all
04 May 2024, 01:37 IST
Rules don’t impede capitalism, they make it work
The insight of economists is that, subject to constraints, people are inclined to make decisions to maximize the quality of their own life — and these decisions don’t necessarily redound to the benefit of society. In other words: Incentives can lead someone to accuse someone else of being a witch.
08 December 2023, 04:12 IST
Rules don’t impede capitalism, they make it work
08 December 2023, 04:12 IST
Fight for India’s 1.4 bn consumers is a fixed match
The East Asian model of promoting large conglomerates as national champions was aimed at capturing larger chunks of global value chains
09 May 2023, 02:44 IST
Fight for India’s 1.4 bn consumers is a fixed match
09 May 2023, 02:44 IST
Should India break up its biggest conglomerates?
It may be necessary for healthy competition and reducing the risks of crony capitalism
05 April 2023, 20:23 IST
Should India break up its biggest conglomerates?
05 April 2023, 20:23 IST
How Christmas turned into an orgy of consumption
A minor holiday rooted in pagan rituals was transformed into a celebration of commerce by writers, artists, retailers and Madison Avenue
24 December 2022, 17:57 IST
How Christmas turned into an orgy of consumption
24 December 2022, 17:57 IST
What inflation in 2022 will teach us about capitalism
Will labor gain a greater share at the expense of capital? And, if so, will companies absorb higher wage costs or pass them on to customers?
29 December 2021, 03:11 IST
What inflation in 2022 will teach us about capitalism
29 December 2021, 03:11 IST
Into the Metaverse: A collision of crypto and gaming
The metaverse of Zuckerberg’s dreams is the sort of place where everyone’s plugged into a virtual reality & effectively step beyond the limitations of the physical world
31 October 2021, 10:41 IST
Into the Metaverse: A collision of crypto and gaming
31 October 2021, 10:41 IST
The end of Marx
Marx’s work on the State, in fact, is pervaded by a powerful anti-authoritarian and anti-bureaucratic bias
25 July 2021, 05:27 IST
The end of Marx
25 July 2021, 05:27 IST
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