Never forget the undeniable moral case for capitalism Economics Critics of capitalism describe it as immoral. In pointing to subjective (and sometimes objective) examples of unethical or harmful behaviour they conclude that capitalism is the enabling or even necessary force. Others, in so far as they stop to think about it, may conclude that the free-market system is amoral; that it is utterly indifferent [...]
Why democracy needs the rich Opinion A new book argues that, in a democracy, an intellectual class that holds homogeneous, anti-capitalist views demands a counterweight of the wealthy contributing to politics, says Rainer Zitelmann In 2021 and 2022, a representative survey on attitudes toward the market economy and capitalism was conducted in 34 countries. Among other things, respondents were presented with [...]
Zohran Mamdani’s victory must be a wake-up call to freedom’s defenders Opinion The election of Zohran Mamdani signal the start of the anti-capitalist backlash. It must not be allowed to succeed, says Rainer Zitelmann The election of Zohran Mamdani as mayor of New York City sends a powerful message worldwide. In the very heart of global capitalism, a socialist has won. Frank Sinatra once sang in his [...]
