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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: capitalism

capitalism stories: 33 news summaries

1 - 20 of 33 Stories | 1 2 Next >>

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 Moore's Latest 
 Slams Love Affair 
 With Capitalism 

Filmmaker's 'magnum opus' sticks up for the little guy

(Newser) - Michael Moore’s latest film, Capitalism: A Love Story, which had its debut last night at the Venice Film Festival, isn't likely to match the “political impact” of Fahrenheit 9/11, but you might still call it his “magnum opus: the grandest statement of his career-long belief that big... More »

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entertainment film capitalism Michael Moore documentary movies Capitalism: A Love Story

 Moore Rips 
 Tinseltown 
 Moneybags 
 at Film Fest 

'I can pay for my own movies now,' boasts filmmaker

(Newser) - Lefty gadfly Michael Moore couldn't resist deriding the same well-heeled execs who bankrolled his latest movie at the Venice Film Festival yesterday. "One of the beautiful flaws of capitalism is they will use the rope you give them to hang themselves if you can make a buck," Moore... More »

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Hollywood film Sicko capitalism Michael Moore Venice Film Festival movies tinseltown

Moore Says
He Might Be Done With Documentaries

He's working on
two screenplays

(Newser) - Michael Moore’s upcoming Capitalism: A Love Story might be his final documentary, he tells the Detroit News. "While I've been making this film, I've been thinking that maybe this will be my last documentary," Moore says. "Or maybe for a while." Instead, the most successful... More »

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entertainment film capitalism Michael Moore documentary movies political movies

(Newser) - Sarah Palin took to the national stage in August 2008, and two weeks later Lehman Brothers collapsed. That's a helpful metaphor, writes Naomi Klein in the Guardian, who sees the former Alaska governor as "the last clear expression of capitalism-as-usual before everything went south." The financial crisis should... More »

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ecology capitalism Lehman Brothers bailout Sarah Palin Wall Street bailout drilling

OPINION

Pope Has
Best Take on Financial Crisis

Goldman exec touts Benedict's 6-point plan for global economy

(Newser) - All of Pope Benedict XVI's gaffes and controversies have obscured his principal appeal, writes Brian Griffiths in the Times of London: he's a scholar, with an uncommon command of theology and philosophy. For Griffiths, a vice-chairman of Goldman Sachs, the pope's recent encyclical on the economy is "without... More »

(Newser) - Pope Benedict delivers a broad criticism of contemporary capitalism in his latest encyclical, the Washington Post reports. The biggest problem with businesses today is that “they are almost exclusively answerable to their investors,” Benedict writes in the 144-page document. He proposes a radically different economic model in which... More »

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Pope Benedict XVI economics G8 summit Vatican socialism capitalism economic crisis

Poll: Half of East Germans Positive on Communism

Nostalgic Germans believe life was better before the Berlin Wall came down

(Newser) - They may not be pining for the Stasi or the Trabant, but half of people recently polled in the former East Germany are thinking, in hindsight, that Communism wasn't so bad after all, Der Speigel reports. Nearly 20 years after the Berlin Wall came down, the poll finds  that 49% ... More »

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Germany capitalism East Germany Communism reunification

 Against Economic Tide, 
 Norway Thrives 

Often standing in contrast to Europe, strict state control puts Norway in good stead

(Newser) - While the rest of the world struggles with recession, Norway’s socialist-leaning government looks pretty smart, the New York Times reports. Norway enjoys a budget surplus of 11% and is free of debt (the US owes $11 trillion), and its economy grew 3% last year. Oil revenues are pouring in—... More »

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socialism Norway capitalism welfare Arctic oil housing bubble banks

(Newser) - In a much-touted recent Rasmussen poll, only 53% of Americans said they preferred capitalism to socialism. Among those under 30, that figure fell to 37%. “If you comb the annals of Americans’ ideological preferences, you won’t find figures like these,” writes Harold Meyerson of the Washington ... More »

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Rush Limbaugh Soviet Union socialism poll capitalism Sean Hannity Rasmussen Reports President Obama Eugene Debs

(Newser) - The woes of international capitalism are fueling renewed interest in the ur-texts of Chinese Communism, MSNBC reports. Sales of Karl Marx’s Das Kapital and Mao’s “little red book” are skyrocketing in China, where the publisher of Kapital has seen a fivefold increase in sales since... More »

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China capitalism global economy Communism Karl Marx Mao Zedong economic crisis Das Kapital little red book

Sarkozy: World Growth Must Come First

French prez urges
G20 to work for better kind of capitalism

(Newser) - Today's G20 talks must focus on restarting global growth through a better-regulated form of capitalism, Nicolas Sarkozy writes in the Washington Post. The international financial system needs urgent restructuring, writes the French president, and confidence cannot be effectively restored unless reforms are carried out with a greater sense of morality... More »

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Nicolas Sarkozy world economy capitalism global economy G20 financial crisis


 Desperate Hunger 
 Plagues N. Korea, 
 Forces Change  

Rampant malnutrition fuels capitalist markets

(Newser) - North Korea has, in its words, an “eating problem”: unable to feed its residents, it has become the world’s first nuclear-armed “beggar,” the Washington Post reports. Malnutrition has led to a spate of mental and physical disabilities—a quarter of potential troops will be disqualified because... More »

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North Korea hunger capitalism Kim Jong Il food shortage malnutrition

(Newser) - As Americans cut back on spending, a certain dread creeps in—not of having less, but of what curtailed consumption could mean for the future, Douglas Coupland notes in the New York Times. Sure, “a big drop in consumption sounds like the advent of a new utopia where... More »

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recession capitalism consumer spending cuts financial crisis economic downturn future

Thieves Return Madoff Statue, Lesson Attached

Note suggests 'swindler' return his plunder, too

(Newser) - The thieves who nabbed a $10,000 copper statue from fraudster Bernard Madoff's swank Florida home have returned it, along with this note: "Bernie the Swindler, Lesson: Return stolen property to rightful owners." The advice was penned by "The Educators," whose inspiration may be a German... More »

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Wall Street capitalism Ponzi scheme hoax art heist financial crisis Bernard Madoff

OPINION

 Why We Can't 
 Take Cruise Seriously 

Nazi role won't be a career-changer a la Nicholson, Newman

(Newser) - The prospect of Tom Cruise as a renegade Nazi has moviegoers snickering already, and with good reason, Stephen Metcalf writes for Slate. No one expects Cruise to pull off a mid-career tour de force as the giants who came before him did. “Place Cruise next to Nicholson, Newman, and... More »

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Wall Street film Tom Cruise Valkyrie capitalism Ronald Reagan actor Risky Business

OPINION

Bailouts a Fling for Nation Married to Free Market

Bailouts not a betrayal of free market ethos, really

(Newser) - Washington's bailout of the auto industry would normally "be a turning point in the history of American Capitalism,” writes Steven Pearlstein of the Washington Post. Now it’s business as usual in “Bailout Nation.” That doesn’t mean the US has abandoned its free market... More »

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socialism capitalism auto industry free markets bailout auto bailout

OPINION

Madoff Scheme Not Much Worse Than Legal Ones

End of communism
let Wall Street become unhinged: Friedman

(Newser) - Wall Street used to be the epicenter of capitalism that the whole world wanted to emulate, but, on a trip to Hong Kong, Thomas Friedman discovers that the American financial establishment has lost its credibility. "We don’t just need a financial bailout," he writes in the New ... More »

ANALYSIS
(Newser) - As Wall Street banks collapse like a house of cards, American capitalism isn’t just failing in practice; the very idea of unregulated, free-functioning markets has received a serious blow, writes Anthony Faiola in the Washington Post. Once the symbols of American economic might, there's a real possibility that many... More »

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capitalism Freddie Mac Fannie Mae AIG developing countries emerging markets bailout bank failure banks financial crisis

Socialists:
Rescue Plan's Not Our Bag

Far left thinks $700B bailout is just capitalism remixed

(Newser) - Some on the right are decrying the $700 billion rescue plan as a step toward American socialism, but the real socialists beg to differ, the Wall Street Journal reports. “Bailing out the biggest financial corporations in the country is a far cry from what we have in mind when... More »

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Communist Party socialism capitalism bailout rescue package financial crisis

OPINION

 US Dominance Is Dead 

'Power is leaking from the US at an accelerating rate,' Guardian says

(Newser) - After decades of a scolding countries for irresponsible behavior, Uncle Sam has finally had his comeuppance, John Gray opines in the Guardian, concluding that “The era of American global leadership is over." Unable to silence Hugo Chavez, thwart Russian aggression in Georgia, appreciate Chinese fiscal practices, and... More »

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China United States capitalism Cold War free markets bailout financial crisis

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