'If This Is Socialism, What Would Capitalism Look Like?'

More

David Frum, a speechwriter for President George W. Bush, writes a State of the Union draft for Obama. This is very good stuff:

We can see the future of a better economy already emerging. Over the past twelve months, we have created more than one million net new jobs in the private sector -- while government employment has shrunk by more than 250,000. Corporate profitability has reached record highs, meaning that companies can afford to hire as demand revives. Including dividends, the stock market has gained more than 10 percent this year.

If this is "socialism," what would capitalism look like?

Read more at Esquire
Jump to comments
Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

Get Today's Top Stories in Your Inbox (preview)

The Ghost Trains of America

Can a band of locomotive experts save vintage railcars from ruin?


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

Why Did I Study Physics?

Using hand-drawn cartoons to explain an academic passion

Video

What If Emoji Lived Among Us?

A whimsical ad imagines what life would be like if emoji were real.

Video

Living Alone on a Sailboat

"If you think I'm a dirtbag, then you don't understand the lifestyle."

Video

How Is Social Media Changing Journalism?

How new platforms are transforming radio, TV, print, and digital

Video

The Place Where Silent Movies Sing

How an antique, wind-powered pipe organ brings films to life

Feature

The Future of Iced Coffee

Are artisan businesses like Blue Bottle doomed to fail when they go mainstream?

Writers

Up
Down

More in Business

Just In