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capitalism

  • Rory Sutherland: Capitalism is ‘unbelievably tedious’ and ‘needs a rebrand’

    April 1, 2025

    Capitalism is "unbelievably tedious" and should be rebranded for people to fight for it, marketing veteran Rory Sutherland has said.

  • Nepal: Where making a profit is a crime

    March 13, 2025

    Maoist policies have made the Himalayan nation of Nepal one of the poorest in Asia, says Rainer Zitelmann On December 11 2023, I landed in Kathmandu, the capital of Nepal. Nepal lies between China and India and has a population of around 30m. Kathmandu is located in a valley in the middle of the Himalayas [...]

  • Vietnam defeated America, can it beat China too?

    February 27, 2025

    'Escape from China' is the watchword in Vietnam for businesses offering an alternative to Beijing's communist encroachment, says Rainer Zitelmann.

  • What happened when Latin America’s most free economy elected a socialist?

    February 20, 2025

    Chile was the most capitalist country in Latin America and had prospered as a result. But since the election of socialist Gabriel Boric in 2021, all that has changed, says Rainer Zitelmann My trip around the world took me to Chile twice, in May 2022 and November 2023. After you’ve been to countries like Colombia, [...]

  • How Sweden left socialism behind

    February 13, 2025

    The myth of socialist Sweden persists but in fact it has left many of the policies of the 70s and 80s behind and become one of the most market-oriented societies in the world, says Rainer Zitelmann For decades, the production and sale of alcohol was heavily regulated by the state in Sweden. When it came [...]

  • How Albania went from Europe’s socialist poorhouse to a narco-state

    February 6, 2025

    Albania was once a socialist backwater with just 1,265 cars in the whole country. And though living standards have improved considerably since that time, it’s failure to transform into a true market economy has handed power to drug lords and driven the brightest and best to emigrate, says Rainer Zitelmann I was in Tirana, the [...]

  • Lessons in liberty from Argentina and the Milei revolution

    January 30, 2025

    Javier Milei is turning his country around, but just like Britain in the 1970s, things in Argentina had to deteriorate dramatically before capitalist reformers like him and Thatcher stood a chance, says Rainer Zitelmann During my visits to Argentina in 2022, 2023 and 2024, I had the opportunity to witness first-hand the movement that propelled [...]

  • The future is free market populism

    January 22, 2025

    Javier Milei, Pierre Poilievre and, of course, Donald Trump are at the vanguard of a new movement for free-market populism gaining support across the world, says Fred de Fossard The inauguration of President Trump for his second term is the latest development in the trend of a new type of free-market populism gathering momentum across [...]

  • What does the world really think about freedom?

    January 22, 2025

    On a round-the-world trip, Rainer Zitelmann conducted the most extensive ever survey of global attitudes to capitalism and the market economy. Over the coming weeks he’ll be sharing his insights with City AM Many people dream of travelling the world. Well, from April 2022 to December 2023, I went on a round-the-world trip that took [...]

  • How Poland and Vietnam escaped poverty

    October 17, 2024

    In a new book, Rainer Zitelmann examines how Poland and Vietnam escaped the ravages of the Cold War to become some of the world’s fastest growing economies – and argues that poverty isn’t inevitable, it’s a policy choice says Kristian Niemietz Case studies in recent economic history typically deal with unambiguous success stories, or unambiguous [...]

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