Capitalism related content 

The West can no longer dictate the agenda, but its decline is not irreversible. Since the publication in 1918 of the first volume of Oswald Spengler's “The decline of the...

Some people may blame capitalism for the financial crisis, but the blame lies elsewhere. “Capitalism in crisis” was the vogue term being bandied about at the

Leaders have gloated over the failings of others' economies – only to see their own economies slip on banana skins. The protracted financial and economic crisis discredited...

Our latest version of capitalism has five major weak points. I am often asked if the recent global financial crisis marks the beginning of the end of modern capitalism. It...

Some countries find it easier than others to fantasise about a world in which private profit gives way to the common good. Capitalism sucks, particularly if you don't know...

US philanthropy, the European state and the Asian family are all being eroded. So what are the poor's prospects? With the deepening of the economic crisis and the prospect...

The Murdoch experience is a microcosm of how modern globalisation works. Big economic crises often cause iconic companies to falter. Rupert Murdoch's media empire is a model...

Why bash eastern Europe for a problem imported by their tutors in Western-style capitalism? My recent article in The Economist called “From Bolshevism to backhanders”...

China is a mirror that reflects Europe's weaknesses and strengths – and the ‘Scandinavian model' is one of those strengths. “The Northern Lights” was the title of a...

Innovation has become the main focus of growth strategies around the world. In 1942, an Austrian émigré teaching at Harvard University popularised the idea...

The Commission is, fortunately, taking a more realistic perspective on the challenges facing Europe's economy than it did a decade ago. The Lisbon Agenda, with its...

Many anxious analyses have been spawned by the financial crisis of the past two years, but perhaps too little attention has been paid to the social and political fall-out...

A healthy single market, built on fair and free competition, is an essential part of the solution, not the problem, write two European commissioners. These are...

There are fundamental differences in policy between the EU and US on how best to deal with the economic crisis. Co-operation between Europe and the US on handling the...

We may very well be at the turn of an epoch; perhaps we should hope that the new epoch will be as short-lived as the post-1989 moment. As the economic crisis deepens and...

The EU needs a Commission that will seek to strike a better balance between the needs of the market and inward-looking societies. The European Union's rules on  the...

A complex crisis agenda and a change in the economic balance of power should give birth to an era of pragmatic policy-making. The financial crisis is causing anguish and...

Difference in French and US perceptions of the appropriate response to the financial crisis are visible at Camp David. The EU and the US have agreed to hold a series of...

A once-in-50-year storm has arrived – and may change the political climate. For the time being and perhaps for many months to come, the Cassandras command the commentariat...

A former Romanian finance minister argues that tectonic shifts in the world economy and the tarnishing of the West's business reputation should encourage it to pay genuine...