Capitalism
The World Trade Organization has encouraged agricultural monopolies and cheap labour, and created vulnerable supply chains When delegates arrive in Geneva today for the long delayed World Trade Organization (WTO) summit, they will find an institution in the middle of an existential crisis. For 18 long months, the WTO has been debating a moderate proposal from South
Capitalism
The electric car will be an important part of a green transition. But our main focus should be moving toward green collective mobility like public transportation and away from the dominance of personally owned cars. Despite the commitment to limit global warming to 1.5 degrees Celsius set by the Paris Agreement, the latest assessment of
Capitalism
Capitalism creates social disorder and relies on police and prisons to manage it. Until liberals recognize this link between criminal justice and the economy, their reform programs will be ineffectual — and racist policing and mass incarceration will persist. The racial composition of the American prison system is staggeringly unequal, with black people incarcerated at
Capitalism
For decades, companies have used arbitration agreements to shirk responsibilities to their customers and employees. Now the tables are starting to turn, as customers and employees use such agreements against corporations. Read more …
Capitalism
Liberal democracy gives us essential rights like free speech and civil liberties. But without challenging the domination of capital, liberal rights will always be curtailed by the power of the rich. In his 2001 book, Justice as Fairness: A Restatement, Rawls argued that competitive capitalism, and even an extensive Nordic-style welfare state, didn’t meet the requirements
Capitalism
Labor strategists hope wins will turn into a larger trend but acknowledge it won’t be easy as corporations fight fiercely against unionization The recent, much-publicized wave of union victories in the US at companies as varied as the giant coffee chain Starbucks, trendy outdoor outfitters REI and media group the New York Times is spurring hopes that