Economy

Has Cuban socialism benefited its people? This summarizes the pros and cons of socialism in Cuba and asks what the Cuban revolution has achieved.

A summary of the next Industrial Revolution - Industry 4.0 - and the expected social and economic changes this will undoubtedly lead to. We are currently near the end of the 3rd revolution and I think we will be moving almost immediately into the 4th Industrial Revolution.

NAFTA has had a controversial impact on the countries involved. This article explores the effects of the agreement on the United States, Mexico and Canada.

West African fisheries face grave challenges. This paper proposes how to resolve them or at least mitigate their difficulties.

Capitalism and socialism. These two systems are two very different ways for society to go into the future, and both have strong supporters and opponents. I'm solidly a capitalist, and in this hub I will explain to the best of my ability why. Why is capitalism good? Why doesn't socialism work? Comments are welcomed.

There are many problems with globalization that need to be addressed including, exploitation, loss of domestic jobs, and the deterioration of ancient cultures. There are ways countries can live with

Tourism can be a great way for places to generate income and jobs, as well as raise their profile, but it can also have downsides. I list the main advantages and disadvantages of tourism.

Gain insight into the efficacy of post-communist economic and political reforms and better understand Vladimir Putin's hold on power.

Pros and Cons of Capitalism defines capitalism; the theory of capitalism; positive effects of capitalism; creative destruction; Private Property; Capitalism vs Socialism; Democracy; Free Enterprise.

Capitalism's excesses are becoming too much for the world to bear. Three seminal events in the last eight years have highlighted this fact. The 2008 crash, Occupy in 2012 and Bernie Sanders' rise. Those are not three separate events, but a cascading evolution to something new, more sustainable.

Neo-liberalism was the brainchild of Milton Friedman and Ludwig von Mises. They convinced Thatcher and Reagan that a free market without regulation and low taxes would result in wealth for all.

A look at the shrinking middle class and what may be causing its demise.

Raising the minimum wage isn't the solution for low-income workers. The point overlooked is that the work performed needs to generate more revenue than salary, so funds are available to cover other business expenses.

The evidence of this study suggests that financial crisis was not avoidable. However, some issues must be taken into account depending on firms or banks that they choose in order to avoid a financial crisis.

This hub lists 7 countries that experienced negative economic growth in 2016

With the politicization of absolutely everything in life, we have forgotten that civil discourse and ethics of leadership really do set the tone for all of society.