Sven Beckert’s Capitalism: A Global History ranges impressively over time and space, from medieval Yemen to modern-day Cambodia. But we need a clearer political economy of capitalism to make sense of ...
The administration’s 10% equity stake in Intel looks like an embrace of state capitalism, but economist Mariana Mazzucato warns the move is unaligned with any strategy. It might seem like a huge step ...
The term state capitalism does not have a single definition that is used with consistency and uniformity. The definitions that have been used depend on the context of the discussion, both historically ...
State capitalism denotes a mode of economic organisation in which the state plays a central role as investor, regulator and owner of productive assets. Emerging from shifts in global markets, ...
Last month, the Trump administration and Nvidia worked out what some have called an unusual and surprising deal for the latter to export its defeatured AI chips. That is, President Trump reversed a ...
Economic collapse shattered Germany in the 1930s, allowing fascism to rise from the wreckage. Amid national humiliation and mass unemployment, Hitler exploited the public fear, redirected economic ...
Treasury’s Bessent says the feds will jump into pharmaceuticals and shipbuilding. California’s Newsom says the state has produced and will sell insulin at $11 a pop. Last year, financier Scott Bessent ...
The last few weeks have given us headlines many Americans never imagined they’d see. “Trump Embraces State Capitalism.” “Trump Is Making Socialism Great Again.” “Is MAGA going Marxist and Maoist?” For ...
Donald Trump’s success at compelling some American corporations to accept partial government ownership is neither communism nor socialism, as various market fundamentalists have fretted. As I’ve noted ...
How to assess the health of democratic capitalism in the United States? Fundamentally, it is very strong. The marriage of democratic politics and a free-market economy continues to strengthen each, ...
Introduction -- Book one: The age of commerce, 1660-1860. Preface: Commerce ; Mercantilism ; Organic economy, household economy ; Republican political economy ; Capitalism and the democracy ; ...
The latest rumored acquisition will be a 10 percent stake in Canada-based Lithium Americas. The Trump administration is considering the stake as part of negotiations over a $2.26 billion Department of ...