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The Future of Capitalism - Facing the New Anxieties (Paperback)
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The Future of Capitalism - Facing the New Anxieties (Paperback)
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List price R338
Loot Price R306
Discovery Miles 3 060
You Save R32 (9%)
Expected to ship within 9 - 15 working days
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*FEATURED IN BILL GATES'S 2019 SUMMER READING RECOMMENDATIONS*
'This is a beautifully written and important book. Read it' Martin
Wolf, Financial Times 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 Britain and other Western societies:
thriving cities versus the provinces, 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 fervour 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 20th century. These times are
in desperate need of Paul Collier's insights. The Future of
Capitalism restores common sense to our views of morality, as it
also describes their critical role in what makes families,
organizations, and nations work. It is the most revolutionary work
of social science since Keynes. Let's hope it will also be the most
influential - George Akerlof, Nobel Laureate in Economics, 2001 In
this bold work of intellectual trespass, Paul Collier, a
distinguished economist, ventures onto the terrain of ethics to
explain what's gone wrong with capitalism, and how to fix it. To
heal the divide between metropolitan elites and the left-behind, he
argues, we need to rediscover an ethic of belonging, patriotism,
and reciprocity. Offering inventive solutions to our current
impasse, Collier shows how economics at its best is inseparable
from moral and political philosophy' - Michael Sandel, author of
What Money Can't Buy and Justice For thirty years, the centre left
of politics has been searching for a narrative that makes sense of
the market economy. This book provides it - John Kay, Fellow of St
John's College, Oxford and the author of Obliquity and Other
People's Money For well-to-do metropolitans, capitalism is the gift
that goes on giving. For others, capitalism is not working. Paul
Collier deploys passion, pragmatism and good economics in equal
measure to chart an alternative to the divisions tearing apart so
many western countries. -Mervyn King, former Governor of the Bank
of England
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