Wheelers Books
The Future of Capitalism: Facing the New Anxieties
 

The Future of Capitalism: Facing the New Anxieties (Paperback)

By Collier, Paul

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'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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ISBN 9780141987255
Released AU 20 Jul 2019
Publisher Penguin
Format Paperback
Alternate Format(s) View All (7 other possible title(s) available)
Availability
Reprinting locally, In Stock Internationally

Full details for this title

ISBN-13 9780141987255
Stock Available
Status Reprinting locally, In Stock Internationally
Publisher Penguin
Imprint Penguin Books Ltd
Released 20 Jul 2019
Publication Country United Kingdom United Kingdom
Format Paperback
Author(s) By Collier, Paul
Category Award Winning
Political Science & Theory
Comparative Politics
Political Ideologies
Political Structures: Democracy
Economics
Economic Theory & Philosophy
Political Economy
Number of Pages 256
Dimensions Width: 129mm
Height: 198mm
Spine: 15mm
Dewey Code 306.342
Weight 191g
Interest Age General Audience
Reading Age General Audience
Library of Congress Capitalism, Capitalism - Forecasting
NBS Text Political Ideologies & Parties
ONIX Text General/trade;College/higher education;Professional and scholarly

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