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Capitalism in the 21st Century
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The Great Reckoning for Capitalism Beckons

May 29, 2019 • GLOBAL ECONOMY, EMERGING TRENDS, Capitalism in the 21st Century, Editor’s ChoiceComments (0)

By Graham Vanbergen As the politics of Europe rapidly changes, Graham Vanbergen quotes renowned economists Stiglitz, Collier and Coyle to conclude that the failure of capitalism is now so evident it is consuming democracy and economies from the inside out like a malignant cancer. A revitalising alternative is there for the taking. The question is …

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Challenges and Importance of Institutions Building in the Developing Countries

May 28, 2019 • GLOBAL ECONOMY, EMERGING TRENDS, Capitalism in the 21st Century, Editor’s Choice, World DevelopmentComments (0)

By Dr. Kalim Siddiqui There has been on-going debate about the utility of the ‘free market’ system versus ‘government intervention’ in promoting development policies and wellbeing for general populace. In this article, the author examines the question

Chile: The Capitalist Alternative to Venezuela in Latin America

May 22, 2019 • GLOBAL ECONOMY, Capitalism in the 21st Century, AmericasComments (0)

By Rainer Zitelmann Chile and Venezuela are the two counter-models in Latin America. Chile embodies the capitalist path, while Venezuela the socialist path. But Chile has also had its own troubles: First under the socialism of Allende and later under the

How Political Leaders can Increase and Regulate the Number of Full-time Jobs Amidst the Threats Posed by the Future of Work

April 21, 2019 • EMERGING TRENDS, CRITICAL ANALYSIS, Capitalism in the 21st Century, Governance & RegulationComments (0)

By Judith Bessant This article explains why and how political leaders can act to increase and regulate the number of full-time jobs amidst the threats posed by the future of work. By doing this, governments can avert the global warming crisis while securing

Agriculture, WTO, Trade Liberalisation, and Food Security Challenges in the Developing Countries

April 15, 2019 • EMERGING TRENDS, Capitalism in the 21st Century, World DevelopmentComments (1)

By Kalim Siddiqui The agriculture sector plays a historic and integral role in the socioeconomic development of the country – it has a significant contribution to the per-capita income of both industrialised and developing nations and has helped in shaping

Development Path of the Contemporary Non-Western World

April 12, 2019 • EMERGING TRENDS, CRITICAL ANALYSIS, Capitalism in the 21st Century, International LawComments (0)

By Guanghua Yu This note argues that the logic underlying the open access order is not the only way of economic and human development in the contemporary non-Western world.   Douglass C. North, John Joseph Wallis, and Barry R. Weingast divide countries

Corruption and Economic Mismanagement in Developing Countries

February 14, 2019 • EMERGING TRENDS, Capitalism in the 21st Century, In-depthComments (0)

By Kalim Siddiqui Corruption is a considerable challenge for Governments especially in the developing countries. It has become more serious over the last twenty-five years or so with globalisation and deregulation, which have led to an increased reliance on

Capitalism, Globalisation and Inequality

December 3, 2018 • Capitalism in the 21st Century, In-depth, CommentaryComments (0)

By Kalim Siddiqui With rising global inequality and environmental crises, capitalism is unable to resolve the crises and thus has become an obsolete social system – The author discusses the history and impacts of capitalism, trends in globalisation, and

The Great Dollar Debacle

October 30, 2018 • GLOBAL ECONOMY, EMERGING TRENDS, CRITICAL ANALYSIS, Capitalism in the 21st Century, Editor’s Choice, In-depth, Americas, Commentary, Dan SteinbockComments (0)

By Dan Steinbock The share of U.S. dollar in international payments is disproportionate relative to America’s eroding global position and depends on international goodwill that Washington is shunning. U.S. dollar is changing from a safe haven to a safe

Ethiopia – A Case Study in Take-Over by Western Interests

September 26, 2018 • Capitalism in the 21st Century, World DevelopmentComments (1)

By Peter Koenig Ethiopia is a landlocked country, bordering on Somalia which is dominating the Horn of Africa. Due to several border conflicts during the past decades with Somalia, many of them supportive of Ethiopia by the US military, the border between