Tag: Capitalism

Kingspan gives capitalism ‘a bad name’, says UK minister

British housing minister Michael Gove has accused Irish insulation company Kingspan of trying to “wriggle out of their responsibilities” in relation to the Grenfell Tower fire as he blamed the firm for giving capitalism “a bad name”. He welcomed the news this week that Ulster Rugby’s sponsorship deal with the Cavan-based company will end, describing […]

Xi Touts Alternative to Western Capitalism in Speech on Mao

(Bloomberg) — Chinese President Xi Jinping used a speech remembering Mao Zedong to push a framework the current leader rolled out recently to counter the West’s capitalist model. Most Read from Bloomberg The “central task” of the nation and its ruling Communist Party is “to build China into a stronger country and rejuvenate the Chinese […]