Capitalism, Alone: The Future of the System That Rules the World - Hardcover

Milanovic, Branko

Hardcover

ISBN 10: 0674987594 ISBN 13: 9780674987593

Verlag: Harvard University Press, 2019

Inhaltsangabe

An Economist Best Book of the Year
A Financial Times Best Book of the Year
A Foreign Affairs Best Book of the Year
A ProMarket Best Book of the Year
A Prospect Best Book of the Year

A provocative account of capitalism's rise to global dominance and, as different models of capitalism vie for world leadership, a look into what the future may hold.

We are all capitalists now. For the first time in human history, the globe is dominated by one economic system. In Capitalism, Alone, leading economist Branko Milanovic explains the reasons for this decisive historical shift since the days of feudalism and, later, communism. Surveying the varieties of capitalism, he asks: What are the prospects for a fairer world now that capitalism is the only game in town? His conclusions are sobering, but not fatalistic. Capitalism gets much wrong, but also much right-and it is not going anywhere. Our task is to improve it.

Milanovic argues that capitalism has triumphed because it works. It delivers prosperity and gratifies human desires for autonomy. But it comes with a moral price, pushing us to treat material success as the ultimate goal. And it offers no guarantee of stability. In the West, liberal capitalism creaks under the strains of inequality and capitalist excess. That model now fights for hearts and minds with political capitalism, exemplified by China, which many claim is more efficient, but which is more vulnerable to corruption and, when growth is slow, social unrest. As for the economic problems of the Global South, Milanovic offers a creative, if controversial, plan for large-scale migration. Looking to the future, he dismisses prophets who proclaim some single outcome to be inevitable, whether worldwide prosperity or robot-driven mass unemployment. Capitalism is a risky system. But it is a human system. Our choices, and how clearly we see them, will determine how it serves us.

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Über die Autorin bzw. den Autor

Branko Milanovic is Senior Scholar at the Stone Center on Socio-Economic Inequality at the City University of New York and Visiting Professor at the International Inequalities Institute at the London School of Economics and Political Science. Formerly Lead Economist in the World Bank's research department, he is the author of Capitalism, Alone; and The Haves and the Have-Nots.

Details zur Ausgabe

• Verlag: Harvard University Press
• Erscheinungsdatum: 2019
• Sprache: Englisch
• ISBN 10: 0674987594
• ISBN 13: 9780674987593
• Einband: Gebundene Ausgabe
• Anzahl der Seiten: 304
• Kontakt zum Hersteller: Harvard University Press; Iva@durnell.co.uk; ; Linden Park CC Fir Tree Road; Kent; TN4 8AH; Vereinigtes Königreich
• Verantwortliche Person: gpsr@libri.de; gpsr@libri.de; ; Europaallee 1; Bad Hersfeld; 36244; Deutschland