Word: capitalismã
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...depends on a link between contemporary Europe’s virtues and its Christian demography. The very idea of pan-European values is questionable, but assuming that they exist—perhaps as embodied by a commitment to political, social and economic freedom achieved through liberal democracy and capitalism??it’s unclear how such “European values” will be endangered by an Islamic minority. In a mostly non-religious Europe, the only link between the continent’s values and Christianity is its history, and this Judeo-Christian heritage won?...
...Though Second Life’s problems involve the foundations of capitalism??economic success and self-interest—it is not capitalism that is the problem in Second Life. In fact, as a reflection of the real world, it is good that Second Life is not an egalitarian utopia to which few could actually relate and from which even fewer could learn...
...Schumpeter’s diagnosis of capitalism??s ills missed the mark, yet his remarks on the academy’s disdain for entrepreneurs were dead on. From the Trotskyite editors of the Partisan Review to Lawrence H. Summers’ recent detractors, self-styled intellectuals and academics have long bristled at market principles. For them, admiration for entrepreneurship is no more than vulgar hero worship, straight from an Ayn Rand novel...
...market-skeptics, those who despise their I-banking peers, should take heart that entrepreneurs are revolutionaries of sorts, who shun conformity and yearn for the “creative destruction” that Schumpeter saw at the heart of capitalism??s dynamism. Hopefully, that is what the Class of 2007 will take away from this year’s commencement...
...during the “living-wage” campaign in 2001. Democrats with national clout, including Sen. Edward M. Kennedy, supported the students who staged a three-week sit-in inside the University president’s office in Massachusetts Hall and cast Harvard as an epitome of capitalism??s social ills...