Author : Edward N. Luttwak
Publisher : Harper Perennial
ISBN 13 : 9780060931377
Total Pages : 304 pages
Book Rating : 4.9/5 (313 download)
Book Synopsis Turbo-Capitalism by : Edward N. Luttwak
Download or read book Turbo-Capitalism written by Edward N. Luttwak and published by Harper Perennial. This book was released on 2000-02-16 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this incisive and controversial exposé of the hidden effects of today's free-market capitalism, Edward Luttwak describes in powerful detail how it vastly differs from the controlled capitalism that flourished from 1945 to the 1980s. Turbo-capitalism is private enterprise liberated from government regulation, unchecked by effective trade unions, unfettered by concerns for employees or communities, and unhindered by taxation or investment restrictions. The winners in this free-for-all are getting much richer, while the losers are becoming poorer and are forced by downsizing to take the traditional jobs of the underclass. Led by the United States, closely followed by Britain, turbo-capitalism is spreading fast throughout Europe, Asia, and the rest of the world without the two great forces that check its enormous power in the United States: a powerful Legal system and the stringent rules of American calvinism. Luttwak exposes the major societal upheavals and inequities turbo-capitalism causes and the broad dissatisfaction and anxiety that may result.