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capitalism

  • Zohran Mamdani’s victory must be a wake-up call to freedom’s defenders

    Opinion

    The election of Zohran Mamdani signal the start of the anti-capitalist backlash. It must not be allowed to succeed, says Rainer Zitelmann The election of Zohran Mamdani as mayor of New York City sends a powerful message worldwide. In the very heart of global capitalism, a socialist has won.  Frank Sinatra once sang in his [...]

    Zohran Mamdani speaking at a public event, addressing community issues and legislative initiatives in New York
  • On this day: Margaret Thatcher’s 100th birthday

    Opinion

    Britain owes everything to the woman who saved it from socialism, says Rainer Zitelmann Margaret Thatcher would have been 100 years old today. She served as Prime Minister of the United Kingdom for nearly 12 years, making her the longest-serving Prime Minister of the 20th century. No other political leader has ever implemented tax cuts, [...]

    Margaret Thatcher smiling outside 10 Downing Street during her tenure as UKs longest-serving Prime Minister in the 20th ce...
  • The Debate: Should businesses put purpose above profit?

    Opinion

    It's capitalism's age-old question, should businesses prioritise purpose over profit? Two writers hash it out in this week's Debate.

    1st June 1923: Two men sitting on a huge pile of coins which after being weighed and packed have been stacked into neat rows at the Royal Mint. (Photo by Hulton Archive/Getty Images)
  • Don’t ask if Gary Stevenson’s story is true, ask why it’s popular

    April 3, 2025

    Gary Stevenson is young, angry and everywhere – but the veracity of his anti-capitalist rhetoric is less important than why it’s finding such an eager audience, says Eliza Filby You may have seen his turn on Question Time, or his two-and-a-half-hour appearance on The Diary of a CEO – watched by over 3m people. Perhaps [...]

  • 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 [...]

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