Bhaskar Sunkara Thinks the Market Has a Place Under Socialism
A proposal for transcending capitalism.
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A proposal for transcending capitalism.
Hundreds of protesters marched through Bangkok on Thursday, 15 October, in opposition to the annual meetings of the International Monetary Fund and World Bank being held in the Thai capital.
Mauritius, Seychelles and Botswana are the most capitalist countries in Africa, according toย the Global Capitalism Index, a new ranking published by researchers affiliated with the University of Virginia.
A New York Times investigation found that DraftKings Inc. built a machine-learning model that scored customers by how much they would lose for each free bet or bonus they received. The model raised concerns that the company was targeting problem gamblers, with a data analyst saying "the best investment would be a problem gambler" due to financial logic. Bloomberg News Opinion Contributor and Lecturer at Yale School of Management, Gautam Mukunda argues regulations against predatory capitalism could protect good companies and steer entrepreneurs' talents in socially beneficial directions. (Source: Bloomberg)
Armageddon is what will happen when billionaires, or even trillionaires, are given free rein. Could this be the final outcome of late-stage American capitalism and democracy? Imagine a human-extinction event: a rogue artificial intelligence (AI) revolution, a new world war or runaway climate change. You likely already have a fair idea of where the safest places on earth and beyond are, if you have been following the ultra-wealthy individuals from Silicon Valley and Wall Street. They are building...