The Foundations of Political Capitalism

By Matt Kelly Thomas Piketty’s Capital in the Twenty-First Century raised quite a stir last year among economists. Piketty identifies rising wealth inequality as inherent in capitalism, and recommends a worldwide wealth tax to temper its effects. Many have taken issue with Piketty’s data and analysis, and the idea that inequality is rising at all … Continue reading The Foundations of Political Capitalism

The Two Kinds of Capitalism

Original post date: February 12, 2014 Article by: Ben Douglas The term “capitalism” is often thrown around in American political discourse without a specified or coherent meaning. Frequently in a debate, opposing parties will attack or defend their own perceived ideas of what capitalism is, without realizing that their opponent has in mind a completely … Continue reading The Two Kinds of Capitalism