I’m not a professional historian, but I get to play one on the Internet. One of the historical debates that I have been absorbed with since the mid-1990s is over capitalism’s origin. When James Blaut, ...

Russia’s commercial banks have played a relatively minor role in the country’s economic development since the collapse of the Soviet Union. Indeed, their impact has often been negative. And they are ...

Two cheers for JPMorgan boss Jamie Dimon for saying he thinks “capitalism is the greatest thing that ever happened to mankind.” It kind of is. A secular miracle, really. Capitalism is why people in ...

Capitalism relies on private ownership and profits, with minimal government intervention. Supply and demand dictate pricing and distribution in capitalist systems. Critics argue capitalism can lead to ...

Sven Beckert’s Capitalism: A Global History ranges impressively over time and space, from medieval Yemen to modern-day Cambodia. But we need a clearer political economy of capitalism to make sense of ...