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Capitalism Unleashed - Finance, Globalization, and Welfare (Paperback, New ed)
Loot Price: R1,226
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Capitalism Unleashed - Finance, Globalization, and Welfare (Paperback, New ed)
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Free enterprise is off the leash and chasing new opportunities for
profit making across the globe. After a turbulent century of
unprecedented social and technological change, Capitalism has
emerged as the dominant ideology and model for economic growth in
the richest, most developed countries. But only thirty years ago
economic growth was faltering, inflation rising and the Left were
arguing for greater state intervention in industry. How did this
remarkable transformation happen? And what price have we paid in
the process? This accessible and persuasive book challenges the
notion of our capitalist destiny. It provides a clear and concise
history of the problems facing the economies of Europe, Japan and
the US during the latter half of the twentieth century and
questions whether capitalism has really brought the levels of
economic growth and prosperity that were hoped for. Andrew Glyn
then looks at the impact the rapidly developing economies of China
and the South are likely to have on the older economies of the
North. As the race is on to maintain growth and protect competitive
advantage, Glyn asks: is the 'race-to-the bottom' inevitable as the
anti-globalisers predict, with welfare states being dismantled to
meet competitive demands? Or is there an alternative model which
sees a strong commitment to welfare provision as essential to
economic growth? Can we afford not to tackle inequality at home as
well as abroad?
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