Frederick Kempe
Frederick Kempe
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Op-ed: Here’s how Trump or Biden can help save democratic capitalism

Op-ed: Here’s how Trump or Biden can help save democratic capitalism

Key PointsIMF employees have joked among themselves for years about when the fund's bylaws would kick in, requiring them to move from Washington to Beijing. Written when no rival to U.S. economic leadership was in sight, the bylaws require that the headquarters be in the world's largest economy.They aren't laughing anymore.The underlying story of this week's IMF and World Bank meetings, held virtually from Washington, is that democratic capitalism is suffering dangerous new blows and autocratic capitalism is enjoying new gains as a result of this disruptive year of Covid-19 that will strip...

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Frederick Kempe
Oct 17
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Op-Ed: Biden has a plan to rally the world’s democracies and tackle threats together

Op-Ed: Biden has a plan to rally the world’s democracies and tackle threats together

Keep Me Logged InKey PointsThe United States was still staggering from the Great Depression when polio-stricken Franklin Delano Roosevelt walked slowly and painfully to the podium at the East Portico of the Capitol to deliver his first inaugural on March 4, 1933. The country's GDP had fallen a third between 1929 and 1933, the stock market had lost 90% of its value, and the country had spiraled from full employment to 25% jobless. Just over a month earlier, Adolf Hitler had risen to power in Germany, and was already well on his way to establishing total control of the Third Reich, adding the...

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Frederick Kempe
Sep 13
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Op-ed: Keep your eyes on Russia for an August surprise of Putin's making

Op-ed: Keep your eyes on Russia for an August surprise of Putin's making

Keep Me Logged InKey PointsFor all the legitimate focus on rising U.S.-Chinese tensions, this summer's sleeper surprise for the West is more likely to emerge from Russia.That's because the built-in contradictions between Russia's international ambition and domestic rot that have always characterized Putin's rule, now into its 21st year, are coming to head in a manner that provides him both greater opportunity and peril.The brutal effectiveness of his thugocracy state is increasing, with a military modernization that includes a newly detected test of anti-satellite space weapons, highly...

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Frederick Kempe
Aug 1
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