Capitalism (Theory and Philosophy)

Patagonia Founder Gives Away the Company to Fight Climate Change

A half century after founding the outdoor apparel maker Patagonia, Yvon Chouinard, the eccentric rock climber who became a reluctant billionaire with his unconventional spin on capitalism, has given the company away. Rather than selling the company or taking it public, Mr. Chouinard, his wife and two adult children have transferred their ownership of Patagonia, […]

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At Davos, a Referendum on the World Economic Forum

The small ski town of Davos, high in the Swiss alps, has heightened security measure in place during the annual meeting of the World Economic Forum, when armed guards perch on hotel rooftops while world leaders and business executives sip champagne below. Yet today, everything that Davos stands for — globalization, liberalism, free market capitalism, […]

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