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In 1995, the largest five firms by market “capitalization” (the value of a company’s shares) were old-line businesses: Exxon, AT&T, Coca Cola, General Electric and Merck. By 2015, only Exxon (now Exxon Mobil) remained.

 A persisting puzzle about the U.S. economy is how it can seem both strong and weak. On the one hand, it remains a citadel of innovation, producing new companies like Uber. On the other, the economy is expanding at a snail’s pace of 2 percent annually since 2010. How could both be true? Why isn’t innovation translating into faster growth? The answer -- or part of the answer -- is that American businesses are running on two separate tracks. Call them the “youthful” and “middle-aged” tracks.

[OP-ED]: The curse of middle-aged capitalism -- for Trump and all of us

 08/21/2017 - 13:57
In 1995, the largest five firms by market “capitalization” (the value of a company’s shares) were old-line businesses: Exxon, AT&T, Coca Cola, General Electric and Merck. By 2015, only Exxon (now Exxon Mobil) remained.

 A persisting puzzle about the U.S. economy is how it can seem both strong and weak. On the one hand, it remains a citadel of innovation, producing new companies like Uber. On the other, the economy is expanding at a snail’s pace of 2 percent annually since 2010. How could both be true? Why isn’t innovation translating into faster growth? The answer -- or part of the answer -- is that American businesses are running on two separate tracks. Call them the “youthful” and “middle-aged” tracks.

Philly Grows Into Its Anarchist Shoe

 03/29/2017 - 09:18
Wooden Shoe es una librería que encierra una atmósfera distinta a la de otros establecimientos dedicados a la venta de libros, aquí el enfoque es colaborativo y político. La librería está ubicada en el 704 South Street.  Foto Archivo Particular.

Past a chalkboard that says, “Come inside to read a good book,” on one side and “Don’t be an asshole!” on the other, you come across a tattered SEPTA Union Strike poster from the early twentieth century, preserved underneath an equally withered-away lamination. A few cautious inches deep inside of this surreal time machine, a pillar manages to stand from the 1890s home of an anarchist feminist writer and speaker who lived near Drexel University.

[OP-ED]: The Return of the center

 02/28/2017 - 15:33

Polls indicate that the far-right candidate, Marine Le Pen, is leading the field of candidates in the first round with about 25 percent of the vote. But in the second round, which pits only the two front-runners against one another, Macron is projected to beat her handily. EFE
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

By now it is settled wisdom that we are witnessing the rise of radical forces on the left and right around the globe. Populists of both varieties, who share a disdain for globalization, are energized, and certain that the future is going their way. But the center is rising again, even in the heart of the old world.

Plain Text Author: 
Fareed Zakaria