Will China’s State-Directed Capitalism Outperform the U.S.’s Unguided Democracy?

BY PHILIP KOTLER – China and the U.S. represent two opposing systems for running an economy.  We will know in twenty years which system performs better in GDP growth, product quality, and innovation.  We will also have a clearer understanding of the economic and non-economic gains and losses with each system. The Chinese government is highly … Continue reading Will China’s State-Directed Capitalism Outperform the U.S.’s Unguided Democracy?

Amid #DeleteFacebook Fervor, Experts Say Time to Tackle Big Data Profiteers

by JAKE JOHNSON – A social media platform like this “is the ultimate surveillance tool: an addictive product that’s optimized to collect and analyze the intimate details of our lives.” While the pro-Trump data firm Cambridge Analytica has received a flood of media attention in recent days following reports that it harvested the personal information of over … Continue reading Amid #DeleteFacebook Fervor, Experts Say Time to Tackle Big Data Profiteers

Lamentations: Disaster-Capitalism, Puerto Rico, and the Art of Patrick McGrath Muñiz

BY CHRISTIAN SARKAR Alba’s Dream (2017) The public has not forgotten Puerto Rico, and neither has Patrick McGrath Muñiz. After experiencing Harvey in Houston, and witnessing Hurricane Maria passing over Puerto Rico and Irma in Florida, where most of his family and friends live, the issue of climate change has become even more personal for the … Continue reading Lamentations: Disaster-Capitalism, Puerto Rico, and the Art of Patrick McGrath Muñiz

Consumption, Economic Growth And The Future Of Marketing

BY DIMITAR SABEV – From its very beginning marketing enhanced economic growth by provoking and channelling consumption, and in many cases this has been socially beneficial. There is growing evidence that the social and economic system based on the premise of constant and rapid growth has breached its limits. Consumption has to decouple from economic growth … Continue reading Consumption, Economic Growth And The Future Of Marketing

Should Government Put a Tax on ‘Sin’ Products and Services?

BY PHILIP KOTLER – Among the millions of products and services produced each year, there is a group loosely called ‘sin’ products. Think of “alcohol, cigarettes, and marijuana” as major sin products. Think of “prostitution services” as a ‘sin’ service type. Think of recent efforts to discourage the consumption of soft drinks, candy, and packaged … Continue reading Should Government Put a Tax on ‘Sin’ Products and Services?

Progressive Taxes: Needed to Offset Income Inequality?

BY MARK BLESSINGTON – True or false: Are America’s wealthy few growing their wealth at the expense of everyone else? The question is not whether the rich are getting richer. The question is whether they are gaining wealth at the expense of everyone else. The Congressional Budget Office provides a comprehensive report on wealth every three … Continue reading Progressive Taxes: Needed to Offset Income Inequality?

Why We Worship False Idols, Always Have, And Always Will

 [Or: How I Learned to Stop Worrying and Love the Global Imperial Plutocratic/Kleptocratic Brave New Fantasyworld of Vladimir Putin and Donald Trump] BY SCOTT DEWEY – As long as humans worship the trappings and display of power and wealth—as with celebrity, political power, military power, economic power—and they obviously do—there can be no democracy; democracy cannot … Continue reading Why We Worship False Idols, Always Have, And Always Will

The ‘Terrorist’ in the White House

BY PHILIP KOTLER  The US has been downgraded in The Economist’s Democracy Index. It is now in the “flawed democracy” category. Donald Trump got elected as U.S. President on a platform that included a lot of changes that appealed to many people. Trump promised to “Make America Great Again” by bringing back the high paying jobs that had moved overseas … Continue reading The ‘Terrorist’ in the White House

Lobbying: The Scourge of Good Government

BY PHILP KOTLER Lobbying describes the effort of lobbyists to influence decisions made by government officials such as legislators, regulators or judges.  The term came from the fact that “influence peddlers” would appear in the lobby of legislative buildings to buttonhole legislators and influence their voting on behalf of the legislators’ clients.  Most of the … Continue reading Lobbying: The Scourge of Good Government

The Real Value of Government Support for the Arts in the U.S.

BY JOANNE BERNSTEIN “May none but honest and wise men ever rule under this roof.” —President John Adams, upon moving into the new White House. All of us who are passionate about the arts are repelled by our new administration’s promise to eliminate the NEA, the NEH, and government funding for PBS.  We know that cutting … Continue reading The Real Value of Government Support for the Arts in the U.S.

Are We Kissing Democracy Goodbye?

BY PHILIP KOTLER & CHRISTIAN SARKAR – As President-Elect Trump and his “Corporate Cabinet” take over Washington – the American public will witness radical changes taking place in our institutions, policies, and regulations. These changes might undermine America’s position as the world’s leader over the past century. The billionaires and generals who make up Trump’s cabinet bring … Continue reading Are We Kissing Democracy Goodbye?

What would Make America Great Again? The Battle Between Two Definitions of Greatness

BY PHILIP KOTLER – America’s greatness was recently challenged by Donald Trump who asserted that the U.S. had lost its greatness. His campaign slogan was “Make America Great Again.” He claimed that only he and his party could restore the country’s greatness. This raises the question: How can we define where a country ranks in its “greatness?”  I have long … Continue reading What would Make America Great Again? The Battle Between Two Definitions of Greatness