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 »
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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 »
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