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 the United States and other Western societies: thriving cities versus rural counties, 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 riftseconomic, social and culturalwith the cool head ...
|Title||:||The Future of Capitalism: Facing the New Anxieties|
|Number of Pages||:||256 pages|
|Status||:||Available For Download|
|Last checked||:||21 Minutes ago!|
The Future of Capitalism: Facing the New Anxieties Reviews
An economist that gets it, Collier deftly addresses what far too many in his profession have avoided through philosophical rigidity and self delusion: economic principles are not akin to the (mostly) immutable laws of hard science. This is not a call to kill capitalism; it is a plea to reconsider outdated paradigms and incentivize ethical behavior, not the least of which involves an all important emphasis on reciprocal obligation.
Pragmatism, ethics, and communal norms have been stripped out of ...more
Solid 3.5. The ideas are very interesting; the preamble and diagnosis are well covered and the book spends a lot of time rehashing.
Paul Collier takes a step back from his usual battleground of third-world countries and looks at how modern-day western countries have moved in a disconcerting direction, towards increased alienation, reduced social mobility and ever widening inequalities, on a geographical as well as social level. He looks at 'broken cities', and uses himself as an example. He grew up in Sheffield - the archetypal British broken city, where everything has gone pear-shaped since the steel works were exposed to c ...more
The Future of Capitalism tells you very little about that subject. If one were cynical they might call the book Herbert Crowley redux; Crowley was the New Republic editor and FDR apologist who argued in an essay that “government is different” - where he propounded the odd notion that when government does something self interest flies away.
There is a lot in this book - unfortunately a good deal of it suffers from two maladies - it misquotes many key figures or ideas and at the same time it comes ...more
I approached the book with much interest having listened to an LSE podcast lecture delivered by Sir Paul Collier. The introduction to the book suggested it will tackle some important issues of the day such as the increasing economic divergence of major cities and the countryside. Indeed Sir Paul makes a number of interesting points, such as describing well the economic gains of agglomeration. However, his views on tax, and specifically his tendency to justify maximum tax extraction suggested a l ...more
The diagnosis is better than the prescription
hızlı okunan, kolay anlaşılır, ekonomi dışında her konuya değinen, içeriğin büyük bir kısmı Noah Harari'den derlenmiş hissi veren, sonuç itibariyle kapitalizmden başka bir gelecek görmeyen, solcularla nazileri eleştiren, ama kapitalizmin de böyle gitmeyeceğini söyleyen, çözüm olarak "etik kapitalizm" diyen bir kitap. yazar kitabı politikacılar için yazmamış, vatandaşlara yazmış. kitap içindeki tezlerin daha tam oturmadığını geliştirilmesi gerektiğini söylüyor. ama bence gayet havada kalan iyi ni ...more
My impression is that Paul Collier is trying to do with the left-right debate what he did with the Sachs-Easterly debates on aid for developing nations: be the respected voice in the middle that can be relied upon to evaluate the evidence rather than interpreting everything through the lens of a strong ideology. I thought he did a good job (not a great job, but a pretty good job) of doing that for aid to developing nations in The Bottom Billion.
In this book he really struggles. In the beginning ...more