Free-market principles have failed because the demand has been too high and insurers have been losing money since the cost of providing the service of insuring sick people has been much more than they anticipated
Capitalism and Big Business articles on Democracy Chronicles
This capitalism section features news on how the world's preeminent economic system and the big business interests behind it relate to democracy, particularly free and fair elections. Other systems are also covered at Democracy Chronicles. See our articles on Anarchism, Libertarianism, and Socialism.
Sleeping On A Volcano
This is one of the many true and tragic stories I have witnessed – stories that highlight the devastation that follows in the wake of an economic system that I and other economists call the Death Economy
Urban and Rural Age Gap Exacerbating Political Discord
Growing age gap between young cities and aging rural regions has changed the political balance
Shareholder Activists Take on Corporate Political Spending
Rampant corporate political spending is getting attacked by shareholders concerned about bottom line
What You Can Do To Fix A Broken System
You are living at a watershed moment in history. This presidential campaign has, above all else, shown that you understand that the system is broken. We understand that. We are dissatisfied. Now is the time to take the next step.
Are We Experiencing a Historic Election Turning Point?
Economic changes are bringing worldwide election turning point as labor trends fluctuate
Hit By The Chamber Of Commerce’s Economic Hit Men
I’ve been interviewed by lots of journalists in the past month in response to the Panama Papers disclosures. A question I often get asked: “How do modern day economic hit men (EHMs) work?”
PHOTOS: March Against Monsanto in New York City
New Yorkers rallied and marched today as part of the International Day of Action against GMO’s, Monsanto and to call for GMO labeling in New York and across the nation.
U.S. Consumers Rein In Big Ag And Send A Strong Message
I want to take these consumer victories as an opportunity to encourage each of you to take heart–and act. Keep telling a new story, one that is based on creating an environmentally sustainable, resource regenerative world.
Wrangle Control From Credit Card Companies And Banks
All of us can take a big step toward a more sane Life Economy by saying “no” to debt. Working toward our financial independence in big and small ways gives us peace and freedom from the credit system and its enormous influence.