Capitalism: What Is It?

The Supreme Court's 2025-26 term has been punctuated with some high-stakes cases: birthright citizenship, voting rights, presidential powers and consequential civil rights cases. Some of the most anticipated and significant cases have yet to be decided. As the justices make the f ...  Show more

What does it mean to be American? For one superhero, it means donning yourself in the colors of the American flag, sticking up for the little guy, and making sure you stick to your morals. This week, we dive into the comics of Captain America, and what happened to him – and to th ...  Show more

Capitalism is the system that has helped the world become infinitely more wealthy than it has ever been in human history, but there are problems. A disregard for the drawbacks of production like waste, pollution and inequality are often cited by people who want capitalism to be r ...  Show more

Is capitalism a good thing? Journalist Katherine Mangu-Ward makes the case that “weirdos” left alone to innovate and explore far-out ideas in a free market system are our best hope for the future. She asks us to reconsider our qualms about capitalism, failure and corporate death, ...  Show more

Histories are often relegated to the sidelines of economic study. But what do we lose in our theories when we only focus on the math and models? In his new book, “Ages of American Capitalism”, University of Chicago historian Jonathan Levy looks at the turning points in the histor ...  Show more

Elements of capitalism have existed throughout history — in institutions like markets, class relations, ownership laws, credit systems, etc. But they were never dominant until they came together, escaping the isolated, laboratory conditions in which they once ...