Capitalist and socialist economies are very different; capitalism relies on the markets, while socialism relies on government planning. Each system has its pros and cons.

To placate lower income voters, politicians keep tweaking capitalism to redistribute wealth to those at the bottom. This has come in the form of more progressive taxes, subsidized health care and ...

A new book by the New Yorker staff writer John Cassidy plumbs more than two centuries’ worth of grievances about our global ...

Some of these critics went beyond identifying flaws in the capitalist system to offering remedies. But reforms can be difficult to pull off. Fixing the capitalist system, Cassidy observes, requires ...

But the most ambitious strategy for projecting control is to build a corporate “pyramid ... once called the “capitalist's quandary”: how to raise money from outsiders without ceding ...