WEF Davos 2017: World needs reality check, says Nirmala Sitharaman on capitalism debate

WEF Davos 2017: World needs reality check, says Nirmala Sitharaman on capitalism debate

As the global elite at WEF here debates whether the richest have benefited most from globalisation, Union Minister Nirmala Sitharaman on Wednesday said the world needs to do a "reality check" and asserted that India remains on track to grow its trade and economy faster.

Jan 18, 2017, 14:55 PM IST

One in three Germans say capitalism to blame for poverty, hunger

Nearly a third of Germans believe that capitalism is the cause of poverty and hunger and a majority think true democracy is not possible under that economic system, according to a survey published on Tuesday by the Emnid polling institute for Berlin`s Free University.

Feb 24, 2015, 19:30 PM IST

Bigger human settlements were more productive: Study

 Just like modern cities, the bigger ancient settlements were more productive than their smaller counterparts, shows a new research.

Feb 22, 2015, 13:10 PM IST

Pope says communists are closet Christians

Pope Francis, whose criticisms of unbridled capitalism have prompted some to label him a Marxist, said in an interview published on Sunday that communists had stolen the flag of Christianity.

Jun 29, 2014, 19:58 PM IST

Iranian Prez denounces capitalism while in Cuba

Railing against the US and its allies, Mahmoud Ahmadinejad said heartless capitalism is the root cause of war.

Jan 12, 2012, 11:21 AM IST

`Occupying Wall Street will topple capitalism`

Occupy Wall Street demonstrations began in early September in New York`s financial district in Lower Manhattan.

Oct 13, 2011, 11:21 AM IST

Ahmadinejad says capitalism faces defeat

Iran`s President Mahmoud Ahmadinejad declared Tuesday that capitalism faces inevitable defeat and called for the overhaul of "undemocratic and unjust" global decision-making bodies.

Sep 22, 2010, 10:12 AM IST

Guard against crony capitalism: PM

Voicing concern over "crony capitalism", Prime Minister Manmohan Singh on Monday said that this was a danger "we must guard against".

Sep 06, 2010, 21:02 PM IST

Vatican thumbs up for Karl Marx amid recession

Amid the worst recession in generations, Karl Marx, who famously described religion as "the opium of the people", got a thumbs-up from the Vatican overturning a century of Catholic hostility to his creed.

Oct 23, 2009, 00:35 AM IST