Discover how the peer-to-peer economy differs from traditional capitalism, emphasizing direct transactions without intermediaries for increased efficiency and innovation.

America is a nation at war with its mythologies. For all the electoral postmortems about the desire for economic change, what’s unsurprisingly absent is what seems, to me, an obvious omission: an ...

No book has done more than Capital to explain the way the world works. Only a few centuries old, capitalism’s unprecedented mode of producing for human needs and generating wealth shapes present and ...

Ever since Eric Williams published his book Capitalism and Slavery, which demonstrated to those more inclined to weigh ...

Understanding Capitalism by Richard D Wolff, New York: Democracy at Work, 2024; pp 177, $17.66 (ebook), $35.00 (paperback). Capitalism is the dominant economic system around the world. However, for a ...

Slippery Tory Damian Green accused Labour’s John McDonnell of ‘not understanding capitalism’ in a furious ding-dong on a TV sofa. The pair were both lined up for interviews on the BBC’s Andrew Marr ...

From its beginnings, the capitalist economic system produced both critics and celebrants, those who felt victimized and those who felt blessed. Where victims and critics developed analyses, demands, ...

ANIMUS towards the state long predates the conclusion of Marx and Engels that it would “wither away” in a socialist society. They were not alone — most radicals foresaw the disappearance of the state ...

We all know that capitalism is failing. Jeremy Corbyn has been telling us since the 1970s, before we had capitalism. Theresa May, who assures us she’s a fervent believer in free markets, also believes ...

Looking at the title of the book Understanding Capitalism - Competition, Command and Change, what immediately comes to my mind is whether Chinese experts have ever exhaustively researched what this ...