2019-08-24 The Economist Latin America

The EconomistAugust 24th 2019 3

1 Contents continues overleaf

Contents

The world this week

5 A summary of political

andbusinessnews

Leaders

7 Shareholder capitalism

What companies are for

8 Coal and climate change

Betting on black

9 Italian politics

Time to govern, not

campaign

9 BusinessinChina

Cathay’smayday

10 Germany’seconomy

Takeaim

Letters

12 OntheAmazon,

BlackRock,ToniMorrison,

e-scooters,HR,dry

cleaning

Briefing

14 Corporatepurpose

I’mfroma company,and

I’mheretohelp

United States

17 Immigration enforcement

18 Democrats’ rural problem

19 Evictions examined

20 Abortion war

The Americas

22 Paraguay’s dam mess

23 The burning Amazon

23 Mexico’s marathon cheats

24 BelloThe limits of

technocracy

Asia

25 Asia’s coal addiction

27 Racism in Indonesia

27 American F-16s for Taiwan

28 Karaoke in South Korea

28 Protecting Indian

witnesses

30 BanyanIndia’s supine

media

China

31 Hong Kong’s tycoons

32 All quiet in Macau

34 ChaguanDigital

nationalism

Middle East & Africa

35 Graft in Mozambique

36 Ending polio in Africa

37 A hopeful deal in Sudan

37 Missing Hosni Mubarak

38 Syrians in Lebanon

BanyanWhen India’s

government abuses its

power, the media don’t

roll over. They cheer,

page 30

On the cover

Competition, not corporatism,
is the answer to capitalism’s
problems: leader, page 7. The
idea that companies with a
sense of purpose could help
deal with social injustice,
climate change and inequality
is sweeping through parts of
the business world: briefing,
page 14

• How recessions beginThe
  onset of a downturn is as much a
  matter of mood as of money:
  Free exchange,page 62. Is the
  Japanification of bond markets a
  passing phase or permanent
  state? Buttonwood, page 60.
  The case for more fiscal stimulus
  in Germany: leader, page 10


• China bullies Cathay Pacific
  The Communist Party shows its
  disregard for rules and markets:
  leader,page 9. The link between
  the Hong Kong protests and the
  most expensive property market
  in the world, page 31.
  Multinationals in Hong Kong are
  rattled, page 51. China’s
  thin-skinned online nationalists
  want to be both loved and
  feared by the West: Chaguan,
  page 34


• Who should run Italy now?
  Asnap election could worsen the
  country ’s budget woes: leader,
  page 9. Matteo Salvini hopes
  for elections. His opponents
  hope to avoid them, page 39


• Gravity waves and nuclear
  pastaThe observation of a
  merger between a black hole
  and a neutron star marks the
  maturity of gravitational
  astronomy,page 64