Tag Archives: capitalism

How Slavery Gave Capitalism Its Start

By Eric Herschthal Capitalism in the U.S. owes much of its start to slavery, which in turn owed much of its success to government handouts. Perhaps the most durable myth about slavery is that it was utterly incompatible with capitalism. Well … Continue reading

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Pope Francis calls unfettered capitalism ‘tyranny’ and urges rich to share wealth

Pope Francis has attacked unfettered capitalism as “a new tyranny”, urging global leaders to fight poverty and growing inequality in the first major work he has authored alone as pontiff. The 84-page document, known as an apostolic exhortation, amounted to … Continue reading

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