Does the crisis on Wall Street mean that the American style of capitalism is no longer the model for the world?

Posted by Fareed Zakaria on September 16, 2008 10:05 AM


Miriam Leitao is a reporter and columnist for O Globo and Radio CBN in Brazil. She is also a commentator on Globo TV Network and runs her own blog,, hosted at Globo online at She was awarded Columbia University’s Maria Moors Cabot Prize in 2005.

Lessons America Can't Teach Us Now

A few examples of the example the U.S. isn't setting.

Posted by Miriam Leitao Rio de Janeiro, Brazil | 10 COMMENTS
Sep 23, 2008 at 11:28 AM
Yossi Melman is a senior commentator for the Israeli daily Haaretz. He specializes in intelligence, security, terrorism and strategic issues. An author of seven books on these topics, his most recent book, The Nuclear Sphinx of Tehran: Mahmoud Ahmadinejad and the State of Iran was published recently by Carroll & Graf.

Wall Street's Latest Round of Suckers

There are always sufficient herds of people who believe the spin coming out of Wall Street. That's why this crisis won't be the last.

Posted by Yossi Melman Tel Aviv, Israel | 32 COMMENTS
Sep 18, 2008 at 11:17 AM
Dr. Ali Ettefagh serves as a director of Highmore Global Corporation, an investment company in emerging markets of Eastern Europe, CIS, and the Middle East. He is the co-author of several books on trade conflict, resolution of international trade disputes, conflicts in letters of credit, trade-related banking transactions, sovereign debt, arbitration and dispute resolutions and publications specific to the oil and gas, communication, aviation and finance sectors. Dr. Ettefagh is a member of the executive committee and the board of directors of The Development Foundation, an advisor to the United Nations High Commission for Refugees, and an advisor to a number of European companies. Dr. Ettefagh speaks Persian (Farsi), English, German, French, Spanish, Italian, Arabic and Turkish.

Wall Street Has Lost Its Way

The world will be a close observer of this fiasco and ponder whether the perpetrators will face judgment.

Posted by Ali Ettefagh Tehran, Iran | 22 COMMENTS
Sep 18, 2008 at 10:52 AM
Former Washington-based columnist for The Hong Kong Standard, The New York Sun, and Insight on the News, an online weekly published by The Washington Times. Covered economic and political relations between the United States and East Asia, with an emphasis on China, Taiwan and Hong Kong. Former chairman of the Hong Kong Journalists' Association. Currently a business executive at a Chinese-language newspaper in Hong Kong.

No Better Option Than American Capitalism

There's no doubt that the American style of capitalism is suffering a major setback. But like democracy, while it was never perfect in the first place, it still is the best model we have. Its strength lies in its strong ability for self-correction.

Posted by Kin-ming Liu Hong Kong | 19 COMMENTS
Sep 18, 2008 at 10:23 AM
Miklós Vámos is a Hungarian novelist, screenwriter and talk show host. He is one of the most read and respected writers in his native Hungary. He has taught at Yale University on a Fulbright fellowship, served as The Nation’s East European correspondent, worked as consultant on the Oscar-winning film Mephisto, and presented Hungary’s most-watched cultural television show. Vámos has received numerous awards for his plays, screenplays, novels and short stories, including the Hungarian Merit Award for lifetime achievement. The Book of Fathers is considered his most accomplished novel and has sold 200,000 copies in Hungary.

American Democracy, Not Capitalism, Inspires the World

For small banks in other parts of the world, news of Wall Street companies in crisis inspires more of a feeling of gloating.

Posted by Miklos Vamos Budapest, Hungary | 14 COMMENTS
Sep 18, 2008 at 9:21 AM
Originally from Pakistan, Anwer Sher is based in Dubai and writes for Gulf News, Khaleej Times and Emirates Today. His varied career experience includes banking, consulting, and real estate development. He has a Masters degree in International Relations.

Greed and More Greed

American markets aren't the only ones in trouble, and Americans aren't the only ones chasing profits.

Posted by Anwer Sher Dubai, UAE | 5 COMMENTS
Sep 18, 2008 at 8:34 AM

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PostGlobal is an interactive conversation on global issues moderated by Newsweek International Editor Fareed Zakaria and David Ignatius of The Washington Post. It is produced jointly by Newsweek and, as is On Faith, a conversation on religion. Please send us your comments, questions and suggestions.