Do not be seduced by the simplicity of the title. This is not an
easy read. It is, however, a remarkable analysis of the current
function and possible downfall of present-day Western-style
capitalism in the light of the collapse of Communism. Leading
French economist Albert, who is also President of Assurances
Generales de France, skilfully pits economic and political models
against each other in an exercise to determine the future path to
global prosperity and deter those in power from steering us to
ruin. (Kirkus UK)
Communism has collapsed. Capitalism has rid itself of the
competition on which it thrives. But though now victorious,
capitalism has become a threat. The future of us all may be shaped
by the outcome of the conflict between capitalism as victor and
capitalism as threat. Not only in Europe, but also in the US and
Japan - and no doubt shortly in the Eastern countries too - the
great debate is capitalism versus capitalism. On the one hand is
the "neo-American" model based on individual achievement and
short-term profits. On the other is the Rhine model practices in
Switzerland, Germany, Benelux, Northern Europe and, partly, in
Japan. In the Rhine model collective achievement and public
concensus are seen as the keys to long-term success. The first is
more seductive, the second more effective. These two opposing forms
of capitalism are engaged in a war which, like all internal
conflicts, involves both secrecy and even hypocrisy. The outcome of
this struggle could affect the quality of life on all levels of
society. The author of this book aims to provide a synthesis which
will force the reader to consider the political and economic issues
at stake towards the end of the century.
General
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