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Books > Social sciences > Politics & government > Central government > Central government policies
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Radical Markets - Uprooting Capitalism and Democracy for a Just Society (Hardcover)
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Radical Markets - Uprooting Capitalism and Democracy for a Just Society (Hardcover)
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Revolutionary ideas on how to use markets to bring about fairness
and prosperity for all Many blame today's economic inequality,
stagnation, and political instability on the free market. The
solution is to rein in the market, right? Radical Markets turns
this thinking-and pretty much all conventional thinking about
markets, both for and against-on its head. The book reveals bold
new ways to organize markets for the good of everyone. It shows how
the emancipatory force of genuinely open, free, and competitive
markets can reawaken the dormant nineteenth-century spirit of
liberal reform and lead to greater equality, prosperity, and
cooperation. Eric Posner and Glen Weyl demonstrate why private
property is inherently monopolistic, and how we would all be better
off if private ownership were converted into a public auction for
public benefit. They show how the principle of one person, one vote
inhibits democracy, suggesting instead an ingenious way for voters
to effectively influence the issues that matter most to them. They
argue that every citizen of a host country should benefit from
immigration-not just migrants and their capitalist employers. They
propose leveraging antitrust laws to liberate markets from the grip
of institutional investors and creating a data labor movement to
force digital monopolies to compensate people for their electronic
data. Only by radically expanding the scope of markets can we
reduce inequality, restore robust economic growth, and resolve
political conflicts. But to do that, we must replace our most
sacred institutions with truly free and open competition-Radical
Markets shows how.
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