Harper Academic

The Future of Capitalism

Facing the New Anxieties

by Paul Collier

On Sale: 12/04/2018

Price: $29.99

The Future of Capitalism

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The Future of Capitalism

Facing the New Anxieties

by Paul Collier

On Sale: 12/04/2018

Format:

Price: $29.99

About the Book

Bill Gates's Five Books for Summer Reading 2019

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 the United States and other Western societies: thriving cities versus rural counties, 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 fervor 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 twentieth century.

Critical Praise

“An engaging and well-reasoned argument….There is nothing socialist about Collier’s critique or his prescriptions — like Adam Smith, the oft-misunderstood father of modern economics, he’s about restoring a moral sensibility to a market system that is falling short of its potential.” - Washington Post

“An ambitious attempt to restate the aims of capitalism and social democracy.” - Bloomberg News

“National loyalty, far from being inimical to a more just and decent world in which all, including the world’s poorest, can flourish, is seen by Collier as a firmer foundation for global cooperation than abstract cosmopolitanism, which all too often serves as a mask for unenlightened self-interest. How does Collier intend to repair the bonds of affection in the rich democracies? The Future of Capitalism is rife with inventive proposals….his ‘hard centrism’ has much to offer.” - Bill Gates

“Responding to recent electorate revolts in developed countries against paternalistic democratic policies, Collier explores the reasons for these events and suggests pragmatic remedies employing education, taxation, social services, and political reform. Collier’s wide-ranging work presents challenging concepts from a British viewpoint, providing a meaningful perspective that will reward thoughtful readers. A noteworthy addition to works such as Douglas McWilliams’s The Inequality Paradox and Thomas Piketty’s Capital in the Twenty-First Century.” - Library Journal

Product Details

  • ISBN: 9780062748652
  • ISBN 10: 0062748653
  • Imprint: Harper
  • On Sale: 12/04/2018
  • Trimsize: 6.000 in (w) x 9.000 in (h) x 0.890 in (d)
  • Pages: 256
  • List Price: $29.99
  • BISAC1 : POLITICAL SCIENCE / Public Policy / Economic Policy
  • BISAC2 : HISTORY / Modern / 21st Century
  • BISAC3 : POLITICAL SCIENCE / Political Economy