Tag Archives: Global Capitalism

Did it live up to expectations? Yes and no. The starting point of the book is the ‘global victory of capitalism’ – ‘the entire globe now operates according to the same economic principles – production organized for profit using legally free wage labour and mostly privately owned capital, with decentralized coordination.’No credible alternatives currently exist out there in the real world. So far, so Fukuyama. But then he goes on to explore two broad branches of contemporary capitalism and...

This is my short response, originally posted here, to William I. Robinson's post here and Fred Magdoff's note in the comment section of that post:While I generally agree with Robinson's and Magdoff's analyses, what is absent, specifically with respect to Robinson's discussion, is a concrete assessment of the acute variables that measure the degree to which national States have the capacity to engage in power-maximizing behavior and, thus, pursue certain responses, i.e. imperialism, to the...

I'm not sure the value of global brands should be taken too seriously, as compared to other more tangible assets. At any rate, for what is worth, below is the change in the list of Interbrand's Top 10 most valued brands between 2005 and 2016. Two auto companies left (unless you count Google). Nokia is gone, and Apple and Samsung (for now) are there. Also, no Marlboro, which is not a surprise, or McDonald's. In 2005, Apple was 41, Google 28, and Amazon 68 in 2005. And Amazon is the fastest...