DailyDirt: Dysfunctional Capitalism
from the urls-we-dig-up dept
As we get closer to the most commercial holiday of the year, let’s spend some time reflecting on capitalism and what it has become. Here are some capitalism-related links to get you started.
- A distorporation is a new kind of company that’s becoming ever so popular in the United States. A corporate structure called the master limited partnership is changing the way American capitalism works, allowing distorporations to circumvent rules that apply to regular public companies, such as paying taxes, but still giving them access to the public financial markets.[url]
- Could the United States — the leader of cutthroat capitalism — switch to the “cuddly capitalism” of Scandinavian countries? According to a group of researchers from MIT, Harvard, and the Paris School of Economics, this would apparently hinder the growth of the entire global economy by slowing down the pace of innovation.[url]
- American capitalism has created a wealthy country that’s completely divided when it comes to its society, its economy, and its politics. Sure, capitalism can produce great wealth, but it’s not going to solve all of our environmental concerns, racial divides, class distinctions, etc. You can’t use it as a blueprint for building a just society. [url]
If you’d like to read more awesome and interesting stuff, check out this unrelated (but not entirely random!) Techdirt post via StumbleUpon.