Has capitalism lost its way?

Forty years ago Japan made more than half of the world's semiconductors. Today, it produces just over 10%. But the country has big ambitions to turn that around.We hear from the CEO of a company at the centre of the government's high-stakes gamble to revive its semiconductor indu ...  Show more

When Slovakia was part of the Czechoslovak Socialist Republic, the cars it made were noisy, thirsty and slow by western standards at the time. But when Volkswagen bought the car-maker Skoda, that was the beginning of a major change. Now, Slovakia makes almost a million cars a yea ...  Show more

Is capitalism broken? A growing number of Americans think so amid declining social mobility and rising inequality. According to investor Ruchir Sharma, author of What Went Wrong With Capitalism, the United States has gone on a decades-long debt binge, with too many regulations an ...  Show more

It’s well understood that capitalist economies are a recent development in human history. But there is persistent disagreement on the Left over exactly how and where the transition to capitalism occurred, as well as what role colonial plunder played in enriching the West. On this ...  Show more

The year 2008 signaled to many the weak foundations of modern capitalism in the hands of the greedy, untethered financial sector—the “vampire squid” investment banks as journalist Matt Taibbi called them. Rising from the ashes of the crash, these banks used government money—”s ...

After the 2008 financial crisis, and especially after the COVID pandemic of 2020, an increasing number of Americans are questioning the wisdom of unregulated markets and envisioning a more active role for the state. Scholars have coined a panoply of neologisms to capture this ...