McCraw, T. K., ed. Creating Modern Capitalism: How Entrepreneurs, Companies, and Countries Triumphed in Three Industrial Revolutions. Cambridge, MA: Harvard ...

The essential feature of capitalism is the motive to make a profit. As Adam Smith, the 18th century philosopher and father of modern economics, said: “It is not from the benevolence of the butcher, ...

The impulses generated by the subterranean contradictions of capitalism do not directly translate themselves into socialist forms of thinking. The response of the working class to a given ...

I support true capitalism, but don’t see modern America as “capitalist.” Capitalism thrives in our local businesses. Corporate America is a “managerial” economy with goals different than capitalists ...