Annals of Capitalism, Part II: The New Frontier

By: Alex Markovsky (Diary)  |  September 16th at 03:44 PM  | 

I have studied economics and political science at Moscow University of Marxism-Leninism. The fascinating aspect of that experience is the acquisition of a unique view of capitalism and contemporary American society. No other society conceived itself as a product of exceptional entrepreneurship in pursuit of excellence – rewarded when it succeeds and punished when it fails. Indeed, as we discussed earlier in “Annals of Capitalism: | Read More »

Annals of Capitalism: The Spiral of Evolution

By: Alex Markovsky (Diary)  |  August 4th at 05:22 AM  | 

Although Karl Marx has been completely discredited even in the eyes of hard-core liberals, there are some people—including members of the current U.S. administration—who use this current state of economic crises to embrace and actively promulgate some of his socialist ideas. Although those people recognize the serious perils of socialism, they believe that capitalism has not worked well lately either, and that government involvement is | Read More »

America: One on One With Her Liberty

By: Alex Markovsky (Diary)  |  December 6th at 11:26 PM  | 

As I said in my previous post, “Anatomy of a Bolshevik,” history is never a carbon copy of the past but it does provide useful parallels. So when I looked through the pages of Gordon Woods’ brilliant book, American Revolution, I was struck by certain similarities between the past and present of our country. In the book’s preface, Woods writes: Unlike the French Revolution, which | Read More »