AOL News is joining forces with The Huffington Post to bring you the best original reporting, insight and opinion on the web. Join HuffPost Social News using your AOL account!

capitalism News

capitalism News From AOL News

'Monopoly' Fanatics Have a Monopoly on Weirdness

By David MoyeFeb 28th 2011 – 10:05AM
Sidney Mobell

Sidney Mobell

Almost everyone has played Monopoly, but for some people it's a way of life. In fact, some people have gone so far as to have their backs tattooed with a complete Monopoly board, while others have decorated their bathrooms in a Monopoly scheme. Filmmaker Kevin Tostado isn't that obsessed, but he still dreams of being a...

Americans Work an 'Extra' 9 Weeks a Year

By Paul WachterSep 1st 2010 – 8:49AM

(Sept. 1) -- Quick, which is the more efficient model for labor organization: European-style socialism or American capitalism? The answer may surprise you, according to Thomas Geoghan, an American labor lawyer and author of the new book "Were You Born on the Wrong Continent? How the European Model Can Help You Get a Life."...

Obama Makes Case About Capitalism's Drift

By Joseph SchumanApr 22nd 2010 – 5:26PM
AOL News

AOL News

ANALYSIS (April 22) -- It was a policy speech promoting the congressional overhaul of rules that govern banks and finance. It was a political speech arguing for Democrats' economic credentials ahead of midterm elections this fall. But even more, President Barack Obama today made a case that the current financial crisis...

capitalism News From AOL

THE HUFFINGTON POST

Brian LaSorsa: Bachmann, Ludwig von Mises Would Not Endorse Romney

By Brian LaSorsa May 07th 2012 - 01:32PM

This week Michele Bachmann endorsed Mitt Romney for president of the United States, referring to him as our "only option [to] preserve the American dream of prosperity and liberty."

THE HUFFINGTON POST

Paul Ryan Should Run For President, Spokesman For Ayn Rand Group Says

By Jennifer Bendery May 03rd 2012 - 03:19PM

Rep. Paul Ryan (R-Wis.) puzzled some last week when he appeared to try to distance himself from his known love of philosopher Ayn Rand. But his move didn't sour relations with The Atlas Society, a group that actively promotes Rand's capitalist vision and one that Ryan spoke to in 2005 about how Rand inspired him to enter...

THE HUFFINGTON POST

Mike Lux: Shining City on a Hill

By Mike Lux Apr 30th 2012 - 11:05AM

My absolute favorite story of the week is Paul Ryan saying that his fondness for the philosophy of Ayn Rand is an "urban legend."

THE HUFFINGTON POST

Paul Ryan Suddenly Does Not Embrace Ayn Rand Teachings

By Jennifer Bendery Apr 27th 2012 - 04:22PM

Rep. Paul Ryan (R-Wis.) tried to send the message this week that, contrary to "urban legend," he is not obsessed with philosopher and author Ayn Rand. "I reject her philosophy," Ryan told National Review on Thursday.

THE HUFFINGTON POST

William Pierce: Re-Learning the Lesson of the United States

By William Pierce Apr 25th 2012 - 03:02PM

Uzbekistan, thanks to both nature and the former Soviet Union, is a dry, arid land that is highly polluted.

capitalism News From the Web

  • 06/03/12 Ayn Rand: Speed addict? Source: The Week The author of The Fountainhead inspired millions to trust their minds and never "fake reality"— while regularly popping amphetamines, says Charles Murray in The Claremont Review of Books.
  • 06/02/12 Economists don't seem to have a Plan C Source: The Arizona Republic - Phoenix AZ It is all very scary, the world financial situation.
  • 05/31/12 Letter: Column sounds like Communism (36 comments) Source: Quartzsite Times - Quartzsite AZ Ayn Rand started the Objectivist movement and though many tenets of her philosophy align with conservatism (a great many actually) there is little resemblance to the Republican party of today.
  • 05/31/12 ATLAS SHRUGGED Lawsuit: Relativity Media, Netflix Source: Alternative Film Guide The company behind the box-office bomb starring Zac Efron 's The Lucky One 's love interest Taylor Schilling as Ayn Rand 's heroine Dagny Taggart is suing Relativity Media and Netflix for failing to pay a $1.5 million license fee to release Atlas Shrugged on home video.
  • 05/31/12 Alabama Fights a UN Land Grab Source: KNUS 710 - Denver CO Individual rights must take a backseat to community interests.

Background on capitalism

Capitalism is generally considered to be an economic system that is based on private ownership of the means of production and the creation of goods or services for profit or income by individuals or corporations.

more at wikipedia »