OnPoint Subscriber Exclusive
Longer Reads provide in-depth analysis of the ideas and forces shaping politics, economics, international affairs, and more.
What Was Capitalism?
The economic crisis of 2008-09 and the pandemic of 2020-21 delivered devastating blows to a market society that was already staggering – hollowed out by the “financialization” or “dematerialization” of assets. And those perched at the commanding heights of today's economy seem no less hollow.
NEW YORK – What isn’t ending nowadays? What isn’t on the verge of extinction? The list of exemptions is short, and we – human beings – aren’t on it.