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U.S. capitalism

Why the Neoliberal Drive to Privatize Everything Is Running Out of Gas

Most Chileans recently voted out the remnants of military dictator Augusto Pinochet, along with Milton Friedman’s policies and many U.S. interventions. They are at work on a radically new Constitution. In the United States, former President Donald Trump and President…

Why We Need to Democratize Wealth—The U.S. Capitalist Model Breeds Selfishness and Resentment

Throughout its history—wherever it arrived and settled in as the dominant economic system—capitalism provoked struggles over the redistribution of wealth. In other words, this system always distributes wealth in a particular way and likewise produces dissatisfaction with that particular distribution.…