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The Case For Capitalism
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Book Synopsis Democracy and Prosperity by : Torben Iversen
Download or read book Democracy and Prosperity written by Torben Iversen and published by Princeton University Press. This book was released on 2020-11-03 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism, in turn explaining rising inequality and mounting populism. This book, written by two of the world's leading political economists, argues this view is wrong: advanced democracies are resilient, and their enduring historical relationship with capitalism has been mutually beneficial. For all the chaos and upheaval over the past century--major wars, economic crises, massive social change, and technological revolutions--Torben Iversen and David Soskice show how democratic states continuously reinvent their economies through massive public investment in research and education, by imposing competitive product markets and cooperation in the workplace, and by securing macroeconomic discipline as the preconditions for innovation and the promotion of the advanced sectors of the economy. Critically, this investment has generated vast numbers of well-paying jobs for the middle classes and their children, focusing the aims of aspirational families, and in turn providing electoral support for parties. Gains at the top have also been shared with the middle (though not the bottom) through a large welfare state. Contrary to the prevailing wisdom on globalization, advanced capitalism is neither footloose nor unconstrained: it thrives under democracy precisely because it cannot subvert it. Populism, inequality, and poverty are indeed great scourges of our time, but these are failures of democracy and must be solved by democracy.
Book Synopsis Capitalism Unbound by : Andrew Bernstein
Download or read book Capitalism Unbound written by Andrew Bernstein and published by University Press of America. This book was released on 2010 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a concise explanation of capitalism's moral and economic superiority to socialism, including America's current mixed-economy welfare state. This volume offers a focused, essentialized, and condensed argument ideal for the layman who admires capitalism but lacking a succinct, accessible explanation of its moral and economic virtues.
Book Synopsis The Future of Capitalism by : Paul Collier
Download or read book The Future of Capitalism written by Paul Collier and published by HarperCollins. This book was released on 2018-12-04 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bill Gates's Five Books for Summer Reading 2019 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 rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor 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 twentieth century.
Book Synopsis Deaths of Despair and the Future of Capitalism by : Anne Case
Download or read book Deaths of Despair and the Future of Capitalism written by Anne Case and published by Princeton University Press. This book was released on 2021-03-02 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Case for Capitalism by : Hartley Withers
Download or read book The Case for Capitalism written by Hartley Withers and published by . This book was released on 1920 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Case for Climate Capitalism by : Tom Rand
Download or read book The Case for Climate Capitalism written by Tom Rand and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A call for the Left and Right -- the business community and environmentalists, bankers and activists -- to join together, reclaim capitalism, and force profits to align with the planet A warming climate and a general distrust of Wall Street has opened a new cultural divide: anti-market critics from Naomi Klein to the Pope target capitalism itself as a root cause of climate change, while neoconservatives who diminish the climate threat are in favor of market fundamentalism. Rand argues that both sides in this emerging cultural war are ill-equipped to provide solutions to the climate crisis, and each is remarkably na ve in their view of capitalism. On one hand, we cannot possibly transition off fossil fuels without the financial might and entrepreneurial talent market forces alone can unlock. On the other, without radical changes to the way markets operate, capitalism will take us right off the climate cliff. Rejecting the old Left/Right ideologies, Rand develops a more pragmatic view capable of delivering practical solutions to this critical problem. A renewed capitalism harnessed to the task is the only way we might replace fossil fuels fast enough to mitigate severe climate risk. If we leave our dogma at the door, Rand argues, we might just build an economy that survives the century.
Book Synopsis The Ethics of Capitalism by : Daniel Halliday
Download or read book The Ethics of Capitalism written by Daniel Halliday and published by Oxford University Press. This book was released on 2020-05-13 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can capitalism have moral foundations? Though this question may seem strange in today's world of vast economic disparities and widespread poverty, discussions originating with the birth of capitalism add a critical perspective to the current debate on the efficacy and morality of capitalist economies. Authors Daniel Halliday and John Thrasher use this question to introduce classical political philosophy as a framework by which to evaluate the ethics of capitalism today. They revisit and reconstruct historical eighteenth- and nineteenth-century defenses of capitalism, as written by key proponents such as Adam Smith and John Stuart Mill. They ask what these early advocates of market order would say about contemporary economies, and argue for the importance of connecting these foundational defenses to discussions of economic systems and the roles they play in economic justice and injustice today. The textbook covers longstanding problems that are as old as the discussion of capitalism itself, such as wage inequality, global trade, and the connection between paid labor and human flourishing. It also addresses new challenges, such as climate change, the welfare state, and competitive consumption, and provides topical global case studies. Additionally, it includes study questions at the end of each chapter and an author-created companion website to help guide classroom discussion.
Book Synopsis The Power of Capitalism by : Rainer Zitelmann
Download or read book The Power of Capitalism written by Rainer Zitelmann and published by LID Editorial. This book was released on 2018-11-08 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: " The market has failed, we need more government intervention" - that's the mantra politicians, the media and intellectuals have been reiterating constantly ever since the outbreak of the 2008 financial crisis. By taking the reader on a journey across continents and through recent history, Rainer Zitelmann disproves this call for greater government intervention, and demonstrates that capitalism matters more than ever. The author provides compelling evidence from across the world that capitalism has been the solution to a number of massive problems. He compares developments in West and East Germany, North and South Korea, capitalist Chile v. Socialist Venezuela, and analyses the extraordinary economic rise of China. For many people, " capitalism" is a dirty word. This book provides a timely reminder of capitalism's power is enabling growth and prosperity, and is alleviating poverty.
Book Synopsis Defending the Free Market by : Robert Sirico
Download or read book Defending the Free Market written by Robert Sirico and published by Simon and Schuster. This book was released on 2012-05-21 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thirty years ago, the economic system of the Soviet empire—socialism—seemed definitively discredited. Today, the most popular figures in the Democratic Party embrace it, while the shapers of public opinion treat capitalism as morally indefensible. Is there a moral case for capitalism? Consumerism is an appalling spectacle. Free markets may be efficient, but are they fair? Aren’t there some things that we can’t afford to leave to the vicissitudes of the market? Robert Sirico, a onetime leftist, shows how a free economy—including private property, legally enforceable contracts, and prices and interest rates freely agreed to by the parties to a transaction—is the best way to meet society’s material needs. In fact, the free market has lifted millions out of dire poverty—far more people than state welfare or private charity has ever rescued from want. But efficiency isn’t its only virtue. Economic freedom is indispensable for the other freedoms we prize. And it’s not true that it makes things more important than people—just the reverse. Only if we have economic rights can we protect ourselves from government encroachment into the most private areas of our lives—including our consciences. Defending the Free Market is a powerful vindication of capitalism and a timely warning for a generation flirting with disaster.
Book Synopsis Ending Big Government by : Michael Dahlen
Download or read book Ending Big Government written by Michael Dahlen and published by Hillcrest Publishing Group. This book was released on 2016-02 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statism denotes any system of big government, a government that gains power at the expense of individual freedom, a government that uses its power to redistribute wealth and regulate the economy. Laissez-faire capitalism, by contrast, is the system of limited government, the system of economic and political freedom. It is a system that has created more wealth and lifted more people out of poverty than any other system. Yet it is relentlessly demonized. We are told that the free market is impractical--prone to crises, depressions, and coercive monopolies. Michael Dahlen dispels these and many other myths. He shows that a laissez-faire capitalist system is not only practical; he shows that it is moral, as it is the only system that recognizes each individual's inalienable right to his own life. A provocative weave of history, philosophy, and political economy, Ending Big Government: The Essential Case for Capitalism and Freedom, shows that capitalism is incontestably superior to statism.
Book Synopsis The Emotional Logic of Capitalism by : Martijn Konings
Download or read book The Emotional Logic of Capitalism written by Martijn Konings and published by Stanford University Press. This book was released on 2015-05-27 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: The capitalist market, progressives bemoan, is a cold monster: it disrupts social bonds, erodes emotional attachments, and imposes an abstract utilitarian rationality. But what if such hallowed critiques are completely misleading? This book argues that the production of new sources of faith and enchantment is crucial to the dynamics of the capitalist economy. Distinctively secular patterns of attraction and attachment give modern institutions a binding force that was not available to more traditional forms of rule. Elaborating his alternative approach through an engagement with the semiotics of money and the genealogy of economy, Martijn Konings uncovers capitalism's emotional and theological content in order to understand the paradoxical sources of cohesion and legitimacy that it commands. In developing this perspective, he draws on pragmatist thought to rework and revitalize the Marxist critique of capitalism.
Book Synopsis The Myth of Capitalism by : Jonathan Tepper
Download or read book The Myth of Capitalism written by Jonathan Tepper and published by John Wiley & Sons. This book was released on 2023-04-25 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.
Book Synopsis Keynes Against Capitalism by : James Crotty
Download or read book Keynes Against Capitalism written by James Crotty and published by Routledge. This book was released on 2019-04-29 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynes is one of the most important and influential economists who ever lived. It is almost universally believed that Keynes wrote his magnum opus, The General Theory of Employment, Interest and Money, to save capitalism from the socialist, communist, and fascist forces that were rising up during the Great Depression era. This book argues that this was not the case with respect to socialism. Tracing the evolution of Keynes’s views on policy from WWI until his death in 1946, Crotty argues that virtually all post-WWII "Keynesian" economists misinterpreted crucial parts of Keynes’s economic theory, misunderstood many of his policy views, and failed to realize that his overarching political objective was not to save British capitalism, but rather to replace it with Liberal Socialism. This book shows how Keynes’s Liberal Socialism began to take shape in his mind in the mid-1920s, evolved into a more concrete institutional form over the next decade or so, and was laid out in detail in his work on postwar economic planning at Britain’s Treasury during WWII. Finally, it explains how The General Theory provided the rigorous economic theoretical foundation needed to support his case against capitalism in support of Liberal Socialism. Offering an original and highly informative exposition of Keynes’s work, this book should be of great interest to teachers and students of economics. It should also appeal to a general audience interested in the role the most important economist of the 20th century played in developing the case against capitalism and in support of Liberal Socialism. Keynes Against Capitalism is especially relevant in the context of today’s global economic and political crises.
Book Synopsis The Case for Capitalism by : Hartley Withers
Download or read book The Case for Capitalism written by Hartley Withers and published by . This book was released on 1920 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Marx's Concept of the Alternative to Capitalism by : Peter Hudis
Download or read book Marx's Concept of the Alternative to Capitalism written by Peter Hudis and published by BRILL. This book was released on 2012-07-25 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: In contrast to the traditional view that Marx's work is restricted to a critique of capitalism and does not contain a detailed or coherent conception of its alternative, this book shows, through an analysis of his published and unpublished writings, that Marx was committed to a specific concept of a post-capitalist society that informed his critique of value production, alienated labor and capitalist accumulation. Instead of focusing on the present with only a passing reference to the future, Marx's emphasis on capitalism's tendency towards dissolution is rooted in a specific conception of what should replace it. In critically re-examining that conception, this book addresses the quest for an alternative to capitalism that has taken on increased importance today.
Book Synopsis The Origin of Capitalism in England, 1400–1600 by : Spencer Dimmock
Download or read book The Origin of Capitalism in England, 1400–1600 written by Spencer Dimmock and published by BRILL. This book was released on 2014-06-05 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incorporating original archival research and a series of critiques of recent accounts of economic development in pre-modern England, in The Origin of Capitalism in England, 1400-1600, Spencer Dimmock has produced a challenging and multi-layered account of a historical rupture in English feudal society which led to the first sustained transition to agrarian capitalism and consequent industrial revolution. Genuinely integrating political, social and economic themes, Spencer Dimmock views capitalism broadly as a form of society rather than narrowly as an economic system. He firmly locates its beginnings with conflicting social agencies in a closely defined historical context rather than with evolutionary and transhistorical commercial developments, and will thus stimulate a thorough reappraisal of current orthodoxies on the transition to capitalism.
Book Synopsis Democracy at Work by : Richard Wolff
Download or read book Democracy at Work written by Richard Wolff and published by Haymarket Books. This book was released on 2012-10-02 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: What, and who, are we working for? A thoughtful assessment on our current society from “probably America’s most prominent Marxist economist” (The New York Times). Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid-for political establishment. Neither serves the needs of our society. Whether it is secure, well-paid, and meaningful jobs or a sustainable relationship with the natural environment that we depend on, our society is not delivering the results people need and deserve. One key cause for this intolerable state of affairs is the lack of genuine democracy in our economy as well as in our politics. The solution requires the institution of genuine economic democracy, starting with workers managing their own workplaces, as the basis for a genuine political democracy. Here Richard D. Wolff lays out a hopeful and concrete vision of how to make that possible, addressing the many people who have concluded economic inequality and politics as usual can no longer be tolerated and are looking for a concrete program of action. “Wolff’s constructive and innovative ideas suggest new and promising foundations for much more authentic democracy and sustainable and equitable development, ideas that can be implemented directly and carried forward. A very valuable contribution in troubled times.” —Noam Chomsky, leading public intellectual and author of Hope and Prospects
