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February 01, 2018

American-style Capitalism: A Reexamination

Distinguished Fellow Katsuhito Iwai calls for a rejection of the American model of capitalism, citing such epic failures as the ...

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September 02, 2014

Corporate Social Responsibility: Potential and Challenges

David Vogel, the Soloman P. Lee Distinguished Professor in Business Ethics at the University of California, Berkeley, discusses the growth ...

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February 24, 2012

Advances toward Public Interest Capitalism

The idea of public interest capitalism has been gaining support both in Japan and abroad, with even top corporate leaders ...

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August 26, 2011

14. After the Second End of Laissez-Faire

Manias, euphoria, insanity, blind passion, orgies, frenzies, fevers, wishful thinking, intoxication, overconfidence, hysteria, rage, craze, mad, rash, etc—these are the ...

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June 09, 2011

13. The Future of the Key Currency System

Is there any mechanism within global capitalism at present that can prevent the outbreak of a dollar crisis? The answer, ...

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February 18, 2011

12. The Dollar as Key Currency and the Real Crisis of Global Capitalism

Global capitalism as it exists today has a blatantly “asymmetric” structure. On the one side stands the United States, whose ...

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January 16, 2011

11. The True Crisis of Capitalism Is Not Depression but Hyperinflation

A depression can never be a true crisis of capitalism, no matter how undesirable its consequences to the people in ...

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November 30, 2010

10. The Liquidity of Bank Money and a Return to the Keynesian Beauty Contest

Ironically, the current global economic crisis has resulted in the total disappearance of pure investment banks from the United States. ...

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October 12, 2010

9. The Keynesian Postulate of Money: Wage Stickiness as the Stabilizer of the Capitalist Economy

Once we accept that workers are not isolated individuals whose aim is merely to seek their own well-being, but social ...

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September 13, 2010

8. The Speculative Nature of Money Holding and the Fundamental Instability of Capitalism

Without money, the grand economic structure of global capitalism could not stand. But at the same time, it is money ...

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