The Future of Capitalism

*FEATURED IN BILL GATES'S 2019 SUMMER READING RECOMMENDATIONS* From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it Deep new rifts are ...

Author: Paul Collier

Publisher: Penguin UK

ISBN: 024133389X

Category: Business & Economics

Page: 256

View: 636

*FEATURED IN BILL GATES'S 2019 SUMMER READING RECOMMENDATIONS* From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it Deep new rifts are tearing apart the fabric of Britain and other Western societies: thriving cities versus the provinces, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit and the return of the far right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts - economic, social and cultural - with the cool head of pragmatism, rather than the fervour of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world's most distinguished social scientists, he shows us how to save capitalism from itself - and free ourselves from the intellectual baggage of the 20th century.

Macroeconomic Policy and the Future of Capitalism

Addresses the revolution in macroeconomic policy of the last quarter of the 20th century and the movement away from concerns with employment and growth in favor of financial variables such as inflation and exchange rates.

Author: John N. Smithin

Publisher: Edward Elgar Pub

ISBN:

Category: Business & Economics

Page: 150

View: 841

Addresses the revolution in macroeconomic policy of the last quarter of the 20th century and the movement away from concerns with employment and growth in favor of financial variables such as inflation and exchange rates. Argues that this financial reaction in macroeconomic policy is the result of a shift in political power in favor of financial interests and away from labor and manufacturing, and that it results in a high rate of return but poor economic performance. Paper edition (745-7) $20.00. Annotation copyrighted by Book News, Inc., Portland, OR


The Future of Capitalism

He is the creator of many distinguished books to his credit viz., Wars, Guns and Votes: Democracy in Dangerous Places and also authored the award-winning book, The Bottom Billion.

Author: IntroBooks Team

Publisher: IntroBooks

ISBN:

Category: Business & Economics

Page:

View: 173

Paul Collier is a faculty in Economics and presently working in the capacity of Director of Oxford University's Center for the Study of African Economies and also he was previously the Director of the World Bank Development Research. He is the creator of many distinguished books to his credit viz., Wars, Guns and Votes: Democracy in Dangerous Places and also authored the award-winning book, The Bottom Billion. Wide new rifts are breaking apart Britain's structural framework and other developed nations as well. There is always a tug of war between industrialized cities versus colonies, highly skilled privileged versus less qualified, affluent versus the developing world. As these differences worsen, a good many people have succumbed to others the sense of ethical commitment that was essential to the growth of social emancipation in the comment-war era. To date, only the revivalist philosophies of nationalism and communism have reacted to these rifts, contributing to Brexit and Trump's seismic outbursts, as well as the rise of the far rights in the developed country like Germany. We have heard a lot of criticism of capitalism, however until now no individual has placed a practical way of fixing it.

A Future of Capitalism The Economic Vision of Robert Heilbroner

This book provides an intellectual portrait of Robert Heilbroner.

Author: M. Carroll

Publisher: Springer

ISBN: 0230372511

Category: Business & Economics

Page: 117

View: 343

This book provides an intellectual portrait of Robert Heilbroner. It traces the development of his work and places it within the literature of economic thought. The book finds that Heilbroner is a writer of political economy in the classical sense. His work is more reminiscent of Smith or Marx than of contemporary economic theorists. Heilbroner's economics is built on a solid foundation of social psychology, evolutionary dynamics and human history. This holistic approach affords Heilbroner a wide latitude to define the economic process and the discipline that studies it.

Deaths of Despair and the Future of Capitalism

This critically important book paints a troubling portrait of the American dream in decline, and provides solutions that can rein in capitalism's excesses and make it work for everyone.

Author: Anne Case

Publisher: Princeton University Press

ISBN: 0691217068

Category: Business & Economics

Page: 336

View: 757

A New York Times Bestseller A Wall Street Journal Bestseller A New York Times Notable Book of 2020 A New York Times Book Review Editors’ Choice Shortlisted for the Financial Times and McKinsey Business Book of the Year A New Statesman Book to Read From economist Anne Case and Nobel Prize winner Angus Deaton, a groundbreaking account of how the flaws in capitalism are fatal for America's working class Deaths of despair from suicide, drug overdose, and alcoholism are rising dramatically in the United States, claiming hundreds of thousands of American lives. Anne Case and Angus Deaton explain the overwhelming surge in these deaths and shed light on the social and economic forces that are making life harder for the working class. As the college educated become healthier and wealthier, adults without a degree are literally dying from pain and despair. Case and Deaton tie the crisis to the weakening position of labor, the growing power of corporations, and a rapacious health-care sector that redistributes working-class wages into the pockets of the wealthy. This critically important book paints a troubling portrait of the American dream in decline, and provides solutions that can rein in capitalism's excesses and make it work for everyone.

The Future of Capitalism After the Financial Crisis

This book breaks with academic path dependency and attempts to open new vistas of political economy and of multidisciplinary analysis that are crucially important if our thought processes are to be effective in a world in jeopardy.

Author: Richard Westra

Publisher: Routledge

ISBN: 1317935543

Category: Business & Economics

Page: 232

View: 233

The Future of Capitalism After the Financial Crisis: The Varieties of Capitalism Debate in the Age of Austerity contains thirteen world leading political economists writing from within eight different countries who critically analyze the current crisis tendencies of capitalism both globally and in particular countries. Given the likelihood of an increasingly crisis prone future for capitalism, it is important not only to rethink capitalism in its current manifestations or varieties. It is also important to rethink research methods and conceptual frameworks in preparation for understanding an increasingly rocky future in which capitalism itself could go the way of the many species that in the past were endangered only to become extinct. More and more titles of books and articles are suggesting that capitalism or perhaps civilization itself is endangered if we do not make radical changes in the near future. This book breaks with academic path dependency and attempts to open new vistas of political economy and of multidisciplinary analysis that are crucially important if our thought processes are to be effective in a world in jeopardy. The varieties of capitalism (VoC) debate itself came into being as the Soviet Union unraveled. It drew in scholarship from a cross-section of Marxian and heterodox political economy. The key argument of VoC was that if capitalism was the only global option then those on the Left must get involved in policy discussions on how capitalist economies can be fashioned to become competitive as well as progressive. However, the financial crisis has seen policy across the advanced economies veer toward competitiveness coupled with austerity. The lesson for the Left is that alternatives to capitalism must be sought in the here and now.

The Future of Capitalism

In this era of massive economic and political change as five great tectonic plates' of capitalism reshape the future, those who win will learn to play a new game with new rules requiring new strategies.

Author: Lester C. Thurow

Publisher:

ISBN: 9781857881363

Category: Capitalism

Page: 385

View: 659

This work analyzes the future of capitalism, and charts a course for surviving and winning in the years ahead.




The Future of Capitalism and Economic Anxieties

Franklin Hackman has ensured the book is easy to read to both economic beginners and professionals. Here is a fraction of what you will discover: Important events that have greatly influenced the economy of the world.

Author: Franklin Jay Hackman

Publisher:

ISBN:

Category:

Page: 142

View: 485

The Future of Capitalism and Economic Anxieties: World economic changes in the last decades and the future of the world financial system.Discover the challenges the world economy is posed to: Pandemics, crisis, globalization, terroristic attacks, and immigrations. Explore the global economic powers and the building of an equal society. Also, learn how capitalism delivers prosperity and its instabilities. Capitalism has experienced changes in the last centuries and has evolved into something new with complexities that need analyzation. In the current era, the economic system shows high turnovers due to political, social, technological, and business changes. These changes have brought confrontations between governments, and the powerful giant-tech companies bring a visual picture and an explanation to capitalisms involvements. Which imagination runs in your mind when you here horrifying words such as crisis and terroristic attacks? These terms have been checked by Franklin Hackman to analyze their impact on the profits, marketplaces, and global economy. Rarely will people understand the pulses brought by the coronavirus pandemic and the changes it has created to the world economy, follow the lines to discover the hidden images? Many changes have occurred since the historical period and the present time. Now is it time to analyze the past and present to understand the roots and the fruits. Take a look at the Brexit. Now, will the departure of Britain from the EU, will be a mourn or an opportunity to thrive? Franklin Hackman has ensured the book is easy to read to both economic beginners and professionals. Here is a fraction of what you will discover: Important events that have greatly influenced the economy of the world. Immigration and globalization impact on the economy The Brexit and the changes in Europe and the world economy? China and its economic muscles. American as a land of broken families and few prospects And much much more! And the last bonus will be a discovery between American and China economic powers. Discover the astonishment China has brought to the world, their strategies, and the factors that have contributed to their strong economic grips. Also, explore the future of America, American families, healthy policies, and political ideologies. The book has been equipped with world economic progress and the truth behind any economic impact. The discoveries will amaze and expound your skills. Grab a copy.

Capitalism

In Capitalism, leading economic sociologist Fred L. Block argues that restoring the vitality of the United States and the world economy can be accomplished only with major reforms on the scale of the New Deal and the post–World War II ...

Author: Fred L. Block

Publisher: Univ of California Press

ISBN: 0520959078

Category: Business & Economics

Page: 264

View: 392

Virtually everyone—left, right, and center—believes that capitalist economies are autonomous, coherent, and regulated by their own internal laws. This view is an illusion. The reality is that economies organized around the pursuit of private profit are contradictory, incoherent, and heavily shaped by politics and governmental action. But the illusion remains hugely consequential because it has been embraced by political and economic elites who are convinced that they are powerless to change this system. The result is cycles of raised hopes followed by disappointment as elected officials discover they have no legitimate policy tools that can deliver what the public wants. In Capitalism, leading economic sociologist Fred L. Block argues that restoring the vitality of the United States and the world economy can be accomplished only with major reforms on the scale of the New Deal and the post–World War II building of new global institutions.

The Future of Capitalism and Democracy

And this is so, even if democracy and capitalism have different meanings in different cultures and societies.

Author: Peter Baofu

Publisher: University Press of Amer

ISBN:

Category: Political Science

Page: 673

View: 891

Contrary to the thinking of many contemporaries, both capitalism and democracy will not last and are to be superceded one day by post-capitalism and post-democracy. The short-lived triumph of market capitalism and liberal democracy in the post-Cold War era does not imply the coming end of systematic ideology, of structural oppression, or of violent conflict at the rational endpoint of history. Unfortunately, violence does not disappear but only takes a different form of hegemony, as it has throughout history. The difference is, each age has its own form to adjust to, so we believe in ours, and those before us believed in theirs, just as those after us will in theirs. In The Future of Capitalism and Democracy, Peter Baofu evaluates how and why capitalism and democracy have failed at the institutional, organizational, structural, cultural, systemic, cosmological, and bio-psychological levels in order to synthesize the often conflicting ideals of freedom, equality, and fraternity (broadly defined to include all dimensions of life), so much cherished by many minds since the modern era. And this is so, even if democracy and capitalism have different meanings in different cultures and societies. In the end, Baofu shows that capitalism and democracy, hegemonic as they are in the post-Cold War era, are just experiments in history and will not last, just as feudalism and aristocracy before them could not.



Beyond the Crisis

I truly recommend this book because it may change your future and that of your children." --Professor Jianmao Wang, Economist at the China Europe International Business School

Author: Adjiedj Bakas

Publisher: Meghan Kiffer Press

ISBN:

Category: Business & Economics

Page: 279

View: 532

The Current Deep Economic Crisis Marks a Great Transition. The Chinese phrase for crisis consists of two words danger and opportunity. In Beyond the Crisis: The Future of Capitalism, renowned futurologist, Adjiedj Bakas, leads you through, and then out of, the New Great Depression of the 21st century. The current economic crisis marks the end of an era, and the start of a new one. It is the 5th major crisis in 200 years' time. All of them occurred at the transition from one era to the next. The 1930s may have been a time of deep economic crisis and mass unemployment, yet in those days the Kennedys made their fortunes, art deco was born and the radio, car, and telephone grew to be so much in demand that great new industries emerged out of the ashes of the crisis. During the major economic crisis of the 1980s the personal computer, mobile phone and Internet were born and developed into major new industries. During the current crisis we finally say goodbye to the 20th century and transit into the new, post-material economy with new economic pillars and the mixture with digital collaboration powered by "cloud computing," the next generation Internet. We say hello to a new era, with China as the new global powerhouse instead of the U.S., with globalization turning into slowbalization, with less wealth and more focus on the Economy of Happiness. "Bakas looks behind today¿s headlines and uses knowledge and wisdom from different fields: economics, technology, philosophy and spirituality, in order to grasp what is really going on in our world, and the real changes in our global economy. I truly recommend this book because it may change your future and that of your children." --Professor Jianmao Wang, Economist at the China Europe International Business School

Crises of Global Economy and the Future of Capitalism

This book helps to fill the gap with well-grounded alternative articulations of the forces which move today's economic dynamics, how they interact and how ideas of foundational figures in economic theory can be used to make sense of the ...

Author: Kiichiro Yagi

Publisher: Routledge

ISBN: 1135101655

Category: Business & Economics

Page: 296

View: 99

Recent events in the global financial markets and macro economies have served as a strong reminder for a need of a coherent theory of capitalist crisis and analysis. This book helps to fill the gap with well-grounded alternative articulations of the forces which move today's economic dynamics, how they interact and how ideas of foundational figures in economic theory can be used to make sense of the current predicament. The book presents a comprehensive collection of reflections on the origins, dynamics and implications of the interlinked crises of the U.S. and global economies. The book is a thoughtful collaboration between Japanese heterodox economists of the Japan Society of Political Economy (JSPE) and non-Japanese scholars. It provides a unique immersion in different, sophisticated approaches to political economy and to the crisis. The book illustrates with the understanding of Marx's crisis theory and how it can serve as a powerful framework for analyzing the contemporary sub-prime world crisis. The book explains the subprime loan crisis as a crisis in a specific phase of the capitalist world system and concludes that it is a structural one which destroys the existing capital accumulation regime. It pays attention to structural changes and to how these changes beget profound and controversial consequences. The result is a must-read - one which truly contributes to the resurgence of radical analyses of the political economy, free from the market optimism of the main-stream economics.

Ethics and the Future of Capitalism

This volume assesses the ethical basis of capitalism in an effort to assess its future in the twenty-first century.Contributors range from one of the world's most successful capitalists and philanthropists to the founder of INSEAD, Europe's ...

Author: Wojciech W. Gasparski

Publisher: Routledge

ISBN: 1351324667

Category: Business & Economics

Page: 172

View: 145

With the collapse of communism and the accelerated trend of globalization, a new stage of capitalism has arrived. Protest actions that occurred in Seattle and Washington as well as in Prague and Genoa, clearly show that the legitimacy of capitalism is being questioned in many respects. Surveys in Eastern and Central Europe show that a considerable part of the population is not able to accept capitalism as an economic system. This volume assesses the ethical basis of capitalism in an effort to assess its future in the twenty-first century.Contributors range from one of the world's most successful capitalists and philanthropists to the founder of INSEAD, Europe's leading business school, to noted economists, philosophers, cultural historians, and business ethicists.

Who Owns the Sky

In Who Owns the Sky?, visionary entrepreneur Peter Barnes redefines the debate about the costs and benefits of addressing climate change.

Author: Peter Barnes

Publisher: Shearwater Books

ISBN:

Category: Business & Economics

Page: 172

View: 289

Global warming has finally made clear the true costs of using our atmosphere as a giant sponge to soak up unwanted by-products of industrial activity. As nations, businesses, and citizens seek workable yet fair solutions for reducing carbon emissions, the question of who should pay -- and how -- looms large. Yet the surprising truth is that a system for protecting the atmosphere could be devised that would yield cash benefits to us all. In Who Owns the Sky?, visionary entrepreneur Peter Barnes redefines the debate about the costs and benefits of addressing climate change. He proposes a market-based institution called a Sky Trust that would set limits on carbon emissions and pay dividends to all of us, who collectively own the atmosphere as a commons. The Trust would be funded by requiring polluters to pay for the right to emit carbon dioxide, and managed by a non-governmental agency. Dividends would be paid annually, in much the same way that residents of Alaska today receive cash benefits from oil companies that drill in their state. Employing the same spirit of innovation that brought millions of dollars to the nonprofit sector through his company Working Assets, Barnes sets forth a practical new approach to protecting our shared inheritance -- not only the atmosphere, but water, forests, and other life-sustaining and economically valuable common resources. He shows how we can use markets and property rights to preserve and share the vast wealth around us, allowing us not only to profit from it, but to pass it on, undiminished, to future generations. Who Owns the Sky? is a remarkable look at the future of our economy, one in which we can retain capitalism's virtues while mitigating its vices. Peter Barnes draws on his personal experience as a successful entrepreneur to offer viable solutions to some of our most pressing environmental and social concerns.