Is State Capitalism a Good Alternative?
Russia, China and even Germany invest a lot of state money into particular companies to help them succeed. That sort of favoritism does not play well in the States, but should it?
What's the Latest Development?
A host of economically-strong countries including Russia, Germany and China current practice a type of state capitalism, which generally means investing lots of tax dollars into certain private companies while opening them to be traded on the stock market. While we Americans might call state capitalism a way of making business 'artificially competitive', it is hard to argue with the system's success. Germany controls Europe's financial affairs while China has grown its GDP several times over in the last decade.
What's the Big Idea?
Is state-capitalism a viable alternative to the West's market system, particularly given our current economic crisis? A debate at The Economist summarizes two competing positions, one for and one against. Despite their disagreements, the two debaters, popular economist Ian Bremmer and Harvard Business School professor
New research links urban planning and political polarization.
- Canadian researchers find that excessive reliance on cars changes political views.
- Decades of car-centric urban planning normalized unsustainable lifestyles.
- People who prefer personal comfort elect politicians who represent such views.
Progressive America would be half as big, but twice as populated as its conservative twin.
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- Why do we insist on dividing our wonderfully complex selves into boring little boxes
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