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The Capitalism Paradox

2019-07-30 Business & Economics
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Release : 2019-07-30
Genre : Business & Economics
Kind : eBook
Book Rating : 403/5 ( reviews)

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Book Synopsis The Capitalism Paradox by : Paul H. Rubin

Download or read book The Capitalism Paradox written by Paul H. Rubin. This book was released on 2019-07-30. Available in PDF, EPUB and Kindle. Book excerpt: In spite of its numerous obvious failures, many presidential candidates and voters are in favor of a socialist system for the United States. Socialism is consistent with our primitive evolved preferences, but not with a modern complex economy. One reason for the desire for socialism is the misinterpretation of capitalism. The standard definition of free market capitalism is that it’s a system based on unbridled competition. But this oversimplification is incredibly misleading—capitalism exists because human beings have organically developed an elaborate system based on trust and collaboration that allows consumers, producers, distributors, financiers, and the rest of the players in the capitalist system to thrive. Paul Rubin, the world’s leading expert on cooperative capitalism, explains simply and powerfully how we should think about markets, economics, and business—making this book an indispensable tool for understanding and communicating the vast benefits the free market bestows upon societies and individuals.

The Inequality Paradox

2018-10-09 Business & Economics
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Release : 2018-10-09
Genre : Business & Economics
Kind : eBook
Book Rating : 699/5 ( reviews)

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Book Synopsis The Inequality Paradox by : Douglas McWilliams

Download or read book The Inequality Paradox written by Douglas McWilliams. This book was released on 2018-10-09. Available in PDF, EPUB and Kindle. Book excerpt: In his illuminating new book, Douglas McWilliams argues that inequality is largely driven not by a conspiracy of the rich, as Thomas Piketty suggests, but by technology and globalization tat have led to the paradox of rising inequality even as worldwide poverty drops. But what are the implications of this seeming contradiction, and what ultimately drives the global distribution of wealth? What can societies do to reshape capitalism for the 21st century? Drawing on the latest research, McWilliams investigates how wealth is concentrated and why it persistently remains in the hands of very few. In accessible and thought-provoking prose, McWilliams poses a comprehensive theory on why capitalism has not met its match in the form of increasingly disparate income distribution, but warns of the coming wave of technological development—the fourth industrial revolution—that threatens to create a scarcity of unskilled jobs that will lead to even greater inequality and explains what governments can do to prepare for this.From the inquisitive layperson to the professional economist or policymaker, The Inequality Paradox is essential reading for understanding the global economy in its present state. McWilliams is a fresh, authoritative voice entering the global discussion, making this book indispensable in preparing for the imminent economic challenges of our changing world.

The Paradox of Democratic Capitalism

2006-08-25 Business & Economics
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Release : 2006-08-25
Genre : Business & Economics
Kind : eBook
Book Rating : 115/5 ( reviews)

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Book Synopsis The Paradox of Democratic Capitalism by : David F. Prindle

Download or read book The Paradox of Democratic Capitalism written by David F. Prindle. This book was released on 2006-08-25. Available in PDF, EPUB and Kindle. Book excerpt: A truly interdisciplinary enterprise, The Paradox of Democratic Capitalism examines the interplay of ideas about politics, economics, and law in American society from the pre-revolutionary era to the eve of the September 11 attacks. David F. Prindle argues that while the United States was founded on liberalism, there is constant tension between two ideals of the liberal tradition: capitalism and democracy. Tracing the rise of natural law doctrine from neoclassical economics, Prindle examines the influence of economic development in late medieval society on the emergence of classical liberalism in early America and likens that influence to the impact of orthodox economics on contemporary American society. Prindle also evaluates political, economic, and legal ideas through the lens of his own beliefs. He warns against the emerging extremes of liberal ideology in contemporary American politics, where the right's definition of capitalism excludes interference from democratic publics and the left's definition of democracy excludes a market-based economy.

The Globalization Paradox

2012-05-17 Political Science
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Release : 2012-05-17
Genre : Political Science
Kind : eBook
Book Rating : 255/5 ( reviews)

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Book Synopsis The Globalization Paradox by : Dani Rodrik

Download or read book The Globalization Paradox written by Dani Rodrik. This book was released on 2012-05-17. Available in PDF, EPUB and Kindle. Book excerpt: For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them? Dani Rodrik examines the back-story from its seventeenth-century origins through the milestones of the gold standard, the Bretton Woods Agreement, and the Washington Consensus, to the present day. Although economic globalization has enabled unprecedented levels of prosperity in advanced countries and has been a boon to hundreds of millions of poor workers in China and elsewhere in Asia, it is a concept that rests on shaky pillars, he contends. Its long-term sustainability is not a given. The heart of Rodrik’s argument is a fundamental 'trilemma': that we cannot simultaneously pursue democracy, national self-determination, and economic globalization. Give too much power to governments, and you have protectionism. Give markets too much freedom, and you have an unstable world economy with little social and political support from those it is supposed to help. Rodrik argues for smart globalization, not maximum globalization.

Paradoxes of Prosperity

2001 Business & Economics
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Release : 2001
Genre : Business & Economics
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Book Synopsis Paradoxes of Prosperity by : Diane Coyle

Download or read book Paradoxes of Prosperity written by Diane Coyle. This book was released on 2001. Available in PDF, EPUB and Kindle. Book excerpt: Coyle, a Harvard-trained economist, examines the need for worldwide changes and the folly of those who think that capitalism and globalization is anything but a solution.

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