Capitalism
in sentence
1376 examples of Capitalism in a sentence
While American casino
capitalism
has collapsed, and America’s European economic satellites are suffering, China seems to be taking advantage of the situation, increasing its trade surplus in the midst of the global economic crisis.
Particularly in the United States and Britain since the 1980’s, we have witnessed a return to the
capitalism
“red in tooth and claw” depicted by Karl Marx.
Modern
capitalism
inflames through every sense and pore the hunger for consumption.
If there was not outright corruption in the $7 billion in contracts awarded to Halliburton, whose former chairman was Vice President Dick Cheney, there was undoubtedly a strong whiff of crony
capitalism.
Sorry,
capitalism.
Philip Augar, the author of The Death of Gentlemanly Capitalism, argues that “Good characteristics of the City were thrown out along with the bad,” and that Thatcher’s reforms “put us on a helter-skelter course towards the financial crisis.”
But the book goes far beyond the empirical work, and narrates an intriguing cautionary tale about the dynamics of wealth under
capitalism.
In his story, it is the un-equalizing, destabilizing forces that may be dominant within
capitalism.
Piketty’s emphasis on the political nature of the distribution of income; his subtle back-and-forth between the general laws of
capitalism
and the role played by contingency; and his willingness to offer bold (if, to many, impractical) remedies to save
capitalism
from itself are as refreshing as they are rare for an economist.
This new confrontation, however, is not defined by antagonism between communism and capitalism, but by a dispute over social and political order – a dispute about freedom, democracy, the rule of law and human rights – as well as by a struggle for geopolitical spheres of influence.
Russia’s Inevitable DemocratizationMOSCOW – Twenty years ago, Soviet President Mikhail Gorbachev resigned, the Soviet Union ended, and Russia began an imperfect transition to democratic
capitalism
– a transition that has proven to be far more difficult than expected.
But the unpopularity of privatization also provided support for Putin’s model of state
capitalism.
Russia’s state
capitalism
is different from a planned economy, because government-owned companies are supposed to compete in the marketplace and act similarly to private firms.
Critics of state
capitalism
have always pointed out the risk of government capture by such companies’ managers, which is exactly what has happened in Russia, where the state-owned companies have grown so large that it is difficult to distinguish between them and the state itself.
In the second half of the 2000’s, as Russian state
capitalism
came into its own, previous anti-corruption gains were reversed, and the business climate deteriorated to the point that capital flight now stands at about 4% of GDP.
In short, the third main lesson of Russia’s transition is that state
capitalism
does not work (at least not without a strong meritocratic political party, as in China).
In 2008, two pressure fronts of global
capitalism
were rushing toward each other across Eurasia.
It was a small step from there to assuming that extending
capitalism
to the post-Soviet world would continue to shift the balance of power in the West’s direction.
First,
capitalism
is prone to disasters.
It all seems as if, in the face of a crisis that calls into question decades of finance– driven
capitalism
and the dominance of free-market ideology, and despite widespread expectations of a revival of the welfare state, the social-democratic ideal has failed to convince a majority of Europeans that it can provide effective solutions.
Corporate welfare
capitalism
substituted for what in Europe would have been government provided social democracy.
Indeed, strengthening fat-cat
capitalism
is precisely the opposite of what British Prime Minister Theresa May promised to do when she succeeded Cameron.
Continental Europe might be tempted to reject financial
capitalism
altogether, in favor of a growth strategy based on large state-driven investment projects.
Europe's Overdue ReformationWar and its huge cost; the falling dollar; mounting trade and budget deficits; the chicanery that hollowed out companies like Enron and WorldCom; the bursting of the high-tech bubble:
capitalism
American-style is both under strain and under a cloud.
A close look at productivity growth (output per hour worked) in the US and Europe shows that US
capitalism
remains as vital than ever.
Even in its hey-day, from the early 1980’s until 2007, American-style deregulated
capitalism
brought greater material well-being only to the very richest in the richest country of the world.
Crony
capitalism
American-styleRemember the East Asia crisis?
when the US Treasury and its IMF allies blamed that region's problems on crony capitalism, lack of transparency, and poor corporate governance?
Crony
capitalism
is not new; nor is it the province of a single party.
To some, the fact that Enron was not bailed out and the problems uncovered, is testimony to the absence of crony
capitalism.
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