capitalism

Images of China's Industrial Revolution

Photo Credit: Ells Culver/Mercy Corps
Photo Credit: Ells Culver/Mercy Corps

China today is making up for its technological deficits by undergoing an industrial revolution the size of which has never been seen. While it is one of the world’s fastest growing economies, there is still an important human perspective to what is taking place. The New York Times recently created a slideshow of images its reporters and photographers have collected from around China, documenting the lives of individuals participating in its rapid industrial expansion.

From the Archives

Globalization of Soccer Kicks Local Fans

Much to the chagrin of local fans, globalization is helping to create a corporate and commercial image of English soccer that is far from its historic roots.

The Implication of Economic Indoctrination

Topics: Education
Countries: France, Germany

Children learn based on their teachers-- and often national policy regarding education. This month's issue of Foreign Policy explores how the way Germany and France teach economics may spell a dismal economic future.

Millions of children are being raised on prejudice and disinformation. Educated in schools that teach a skewed ideology, they are exposed to a dogma that runs counter to core beliefs shared by many other Western countries. They study from textbooks filled with a doctrine of dissent, which they learn to recite as they prepare to attend many of the better universities in the world. Extracting these children from the jaws of bias could mean the difference between world prosperity and menacing global rifts. And doing so will not be easy. But not because these children are found in the madrasas of Pakistan or the state-controlled schools of Saudi Arabia. They are not. Rather, they live in two of the world’s great democracies—France and Germany.

From the Archives

Capitalism - One Size Does Not Suit All

Previously filed under: North America, Global Economy
Shaped by many cultures, some forms of capitalism are more palatable to anti-globalization activists than others.

From the Archives

A Million Paths to Peace

Previously filed under: Trade
Michael Strong encourages activists to continue embracing trade as a vehicle for change.

From the Archives

A Road Map for Developing Countries

Previously filed under: Book and Film Reviews
In The Mystery of Capital, renowned author Hernando De Soto provides practical advice for how emerging economies can improve the lot of the poor.

Breaking News

Zimbabwe: Inflation Rockets to 231-Million Percent

All Africa - Fri, 10/10/2008 - 08:24
Zimbabwe's annual inflation raced to a record 231-million percent in July, up from 11,2-million percent the previous month, deepening a severe economic crisis, official figures showed on Thursday.

Africa: Going Bananas to Fight Poverty And Hunger

All Africa - Fri, 10/10/2008 - 07:30
Arguably one of the world's most popular fruits, bananas are poorly marketed as a value-added commercial crop in Africa. But that is about to change as a plan is being conceptualised to transform the way Africa produces and sells bananas.

Global Markets Dive in Relentless Selloff

International Herald Tribune - Fri, 10/10/2008 - 06:48
Global investors looked to leaders meeting in Washington for coordinated action to end the financial turmoil on Friday as stocks plummeted again around the world.

The Stunning Collapse of Iceland

Business Week - Fri, 10/10/2008 - 06:30
Home to just 304,000 people, tiny Iceland is emerging as the biggest casualty of the global financial crisis.

Don't Cut Aid to Africa, AU Head Pleads to World

The Epoch Times - Fri, 10/10/2008 - 11:44
The chairman of the African Union urged the world not to slow aid to the world's poorest continent. Experts say that while Africa is relatively insulated from the global credit crisis, there could well be a negative effect on investment, remittances and aid flows from abroad.

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