Capitalism

TriPod: New Orleans at 300 returns with a new TriPod Xtra segment. As part of the New Orleans Museum of Art’s literary ‘Arts and Letters’ series, Laine Kaplan-Levenson spoke with sociologist Peter Marina in front of a live audience about his book ‘Down and Out in New Orleans.’ The two discussed the various informal economies in New Orleans, and alternative lifestyles people choose as a way to live outside of mainstream society. Laine starts the conversation with what Marina’s book is inspired by.

Courtesy: Intelligence Squared U.S.

Who does capitalism better? For all appearances, China has emerged unscathed from the global economic crisis, in stark contrast to its biggest debtor, America. China's admirers point to its ability to mobilize state resources, quick decision-making and business-friendly environment as reasons for its economic ascendency.