The Editors Information

Are we sliding toward socialism? We aim to gather, process, analyze, and share news and information about the future of capitalism, and to provide a forum for comment and discussion on that topic. When the Soviet Union collapsed, the conventional wisdom was that Communism and socialism were on the way out, and that capitalism had won the debate. Economies would prosper. Sure, there'd be some government regulation and some complaints about income inequality and poverty, but basically the big argument had been settled. Now, a financial downturn — blown into a "crisis" in part by government regulators who called it that and helped cause a panic — has made the argument a live one all over again. In America, the government is taking over banks, insurance companies, and automobile manufacturers while also aiming to increase its role in health care. Are we sliding toward socialism? Would that be good or bad, and why? This site aims to ventilate and illuminate these questions by using detail and example.