In Defense of Global Capitalism PDF Download

Author: Johan Norberg
Publisher: Cato Institute
ISBN: 9781930865464
Category : Business & Economics
Languages : en
Pages : 348

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Book Description
Marshalling facts and the latest research findings, the author systematically refutes the adversaries of globalization, markets, and progress. This book will change the debate on globalization in this country and make believers of skeptics.

Author: Brink Lindsey
Publisher: John Wiley & Sons
ISBN: 0471206652
Category : Business & Economics
Languages : en
Pages : 351

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Book Description
A refreshing, insightful look into the political and economicdynamics driving globalization today Globalization: it's earlier than you think. That's the provocativemessage of Against the Dead Hand, which traces the rise and fall ofthe century-long dream of central planning and top-down control andits impact on globalization-revealing the extent to which the "deadhand" of the old collectivist dream still shapes the contours oftoday's world economy. Mixing historical narrative,thought-provoking arguments, and on-the-scene reporting andinterviews, Brink Lindsey shows how the economy has grown up amidstthe wreckage of the old regime-detailing how that wreckageconstrains the present and obscures the future. He conveys aclearer picture of globalization's current state than the currentconventional wisdom, providing a framework for anticipating thefuture direction of the world economy.

Author: Jagdish Bhagwati
Publisher: Oxford University Press
ISBN: 0199838968
Category : Political Science
Languages : en
Pages : 346

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Book Description
In the passionate debate that currently rages over globalization, critics have been heard blaming it for a host of ills afflicting poorer nations, everything from child labor to environmental degradation and cultural homogenization. Now Jagdish Bhagwati, the internationally renowned economist, takes on the critics, revealing that globalization, when properly governed, is in fact the most powerful force for social good in the world today. Drawing on his unparalleled knowledge of international and development economics, Bhagwati explains why the "gotcha" examples of the critics are often not as compelling as they seem. With the wit and wisdom for which he is renowned, Bhagwati convincingly shows that globalization is part of the solution, not part of the problem. This edition features a new afterword by the author, in which he counters recent writings by prominent journalist Thomas Friedman and the Nobel Laureate economist Paul Samuelson and argues that current anxieties about the economic implications of globalization are just as unfounded as were the concerns about its social effects.

Author: Joshua Kurlantzick
Publisher: Oxford University Press
ISBN: 0199385726
Category : Political Science
Languages : en
Pages : 297

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Book Description
The end of the Cold War ushered in an age of American triumphalism best characterized by the "Washington Consensus:" the idea that free markets, democratic institutions, limitations on government involvement in the economy, and the rule of law were the foundations of prosperity and stability. The last fifteen years, starting with the Asian financial crisis, have seen the gradual erosion of that consensus. Many commentators have pointed to the emergence of a powerful new rival model: state capitalism. In state capitalist regimes, the government typically owns firms in strategic industries. Not beholden to private-sector shareholders, such firms are allowed to operate with razor-thin margins if the state deems them strategically important. China, soon to be the world's largest economy, is the best known state capitalist regime, but it is hardly the only one. In State Capitalism, Joshua Kurlantzick ranges across the world--China, Thailand, Brazil, Russia, South Africa, Turkey, and more--and argues that the increase in state capitalism across the globe has, on balance, contributed to a decline in democracy. He isolates some of the reasons for state capitalism's resurgence: the fact that globalization favors economies of scale in the most critical industries, and the widespread rejection of the Washington Consensus in the face of the problems that have plagued the world economy in recent years. That said, a number of democratic nations have embraced state capitalism, and in those regimes, state-backed firms like Brazil's Embraer have enjoyed considerable success. Kurlantzick highlights the mixed record and the evolving nature of the model, yet he is more concerned about the negative effects of state capitalism. When states control firms, whether in democratic or authoritarian regimes, the government increases its advantage over the rest of society. The combination of new technologies, the perceived failures of liberal economics and democracy in many developing nations, the rise of modern kinds of authoritarians, and the success of some of the best-known state capitalists have created an era ripe for state intervention. State Capitalism offers the sharpest analysis yet of what state capitalism's emergence means for democratic politics around the world.

Author: Paul Collier
Publisher: HarperCollins
ISBN: 0062748661
Category : History
Languages : en
Pages : 369

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Book Description
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.

Author: Thomas G. Donlan
Publisher: FT Press
ISBN: 0132703718
Category : Computers
Languages : en
Pages : 241

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Book Description
“Thomas Donlan’s defense of free market capitalism is especially timely today given all the pressures to regulate and stifle it. The anti-globalization movement wants more trade protectionism and less immigration. The global credit crisis is putting pressure on governments to bail out irresponsible lenders and borrowers at taxpayers’ expense. Instead, Donlan convincingly and clearly explains why we would all prosper more by doing all we can to make markets freer.” —Ed Yardeni, President, Yardeni Research, Inc. “Thomas Donlan reminds us all that capitalism is not simply one choice among different and equally valid economic systems, but instead that hard work and the accumulation of wealth is the natural tendency of successful people and healthy societies around the world.” —Christopher Whalen, Managing Director, Institutional Risk Analytics “It has been several decades since Joseph Schumpeter observed that the philosophical defense of a free-market economy must never cease. Thomas Donlan has taken up that challenge, but this clear-eyed book is much more than a defense. It is a magnificently constructed explanation of how the world works and why free-market capitalism continues to offer the greatest hope for solving our greatest challenges.” —Carl J. Schramm, Ph.D., President, Kauffman Foundation “The author brings to the table a healthy skepticism of the conventional wisdom, an admirable ability to separate fact from fancy, and an undisguised repugnance for the mumbo-jumbo that’s the curse of so much commentary on anything to do with economics or investment. A World of Wealth is not only a lively read, but an exceptionally enlightening and rewarding one to boot.” —Alan Abelson, Barron’s Columnist “With the facts of a primer laid out in the fast-paced narrative of a storyteller, Thomas Donlan’s A World of Wealth lucidly explains today’s marketplace. From the credit crisis to immigration and from oil prices to global warming, the book guides the reader through the economic issues of our day—jargon-free. It’s a fast, fun read that illuminates while it entertains.” —Thomas W. Hazlett, Professor of Law & Economics, George Mason University “An indispensable—and highly readable—primer on how the economic world really works, whether politicians of both left and right want it to work that way or not. If it were required reading for all political reporters, they might do a lot more reporting and carry a lot less water in the process.” —John Steele Gordon, Author of Empire of Wealth: The Epic History of American Economic Power Acknowledgments xii About the Author xiii Introduction xv Chapter 1: The Capitalist Answer to the “Energy Crisis”: Pay Higher Prices 1 Chapter 2: The Capitalist Approach to Environmental Pollution and Global Warming: Breathe Easy 23 Chapter 3: A Capitalist Prescription for Trade: Free Exchange Enriches Both Sides of Every Deal 43 Chapter 4: Capitalist Immigration Policy: Tear Down the Walls 65 Chapter 5: The Essential Elements of Capitalism: Investment and Invention 81 Chapter 6: The Capitalist Take on Taxes: Keep Taxes Low and Equal 93 Chapter 7: The Capitalist Struggle against Low Finance: Price Controls and Regulation Endanger the Free Market 113 Chapter 8: A Capitalist Diagnosis for the High Cost of Health Care: Pay What It’s Worth 131 Chapter 9: The Capitalist Approach to Retirement Security: It’s an Individual's Duty First 149 Chapter 10: A Capitalist Look at the Current Economy 169 Chapter 11: The Capitalist Quest for Productivity 185 Reading Further 201 Index 205

Author: Johan Norberg
Publisher: Simon and Schuster
ISBN: 1786072327
Category : Business & Economics
Languages : en
Pages : 233

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Book Description
A Book of the Year for The Economist and the Observer Our world seems to be collapsing. The daily news cycle reports the deterioration: divisive politics across the Western world, racism, poverty, war, inequality, hunger. While politicians, journalists and activists from all sides talk about the damage done, Johan Norberg offers an illuminating and heartening analysis of just how far we have come in tackling the greatest problems facing humanity. In the face of fear-mongering, darkness and division, the facts are unequivocal: the golden age is now.

Author: George Gilder
Publisher: Regnery Publishing
ISBN: 1621570274
Category : Political Science
Languages : en
Pages : 370

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Book Description
Ronald Reagan’s most-quoted living author—George Gilder—is back with an all-new paradigm-shifting theory of capitalism that will upturn conventional wisdom, just when our economy desperately needs a new direction. America’s struggling economy needs a better philosophy than the college student's lament: "I can't be out of money, I still have checks in my checkbook!" We’ve tried a government spending spree, and we’ve learned it doesn’t work. Now is the time to rededicate our country to the pursuit of free market capitalism, before we’re buried under a mound of debt and unfunded entitlements. But how do we navigate between government spending that's too big to sustain and financial institutions that are "too big to fail?" In Knowledge and Power, George Gilder proposes a bold new theory on how capitalism produces wealth and how our economy can regain its vitality and its growth. Gilder breaks away from the supply-side model of economics to present a new economic paradigm: the epic conflict between the knowledge of entrepreneurs on one side, and the blunt power of government on the other. The knowledge of entrepreneurs, and their freedom to share and use that knowledge, are the sparks that light up the economy and set its gears in motion. The power of government to regulate, stifle, manipulate, subsidize or suppress knowledge and ideas is the inertia that slows those gears down, or keeps them from turning at all. One of the twentieth century’s defining economic minds has returned with a new philosophy to carry us into the twenty-first. Knowledge and Power is a must-read for fiscal conservatives, business owners, CEOs, investors, and anyone interested in propelling America’s economy to future success.

Author: Johan Norberg
Publisher: Cato Institute
ISBN: 9781930865471
Category : Business & Economics
Languages : en
Pages : 340

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Book Description
Marshalling facts and the latest research findings, the author systematically refutes the adversaries of globalization, markets, and progress. This book will change the debate on globalization in this country and make believers of skeptics.

Author: Robert Gilpin
Publisher:
ISBN: 9780691092799
Category : Business & Economics
Languages : en
Pages : 373

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Book Description
Arguing that global markets must rest on secure political institutions, the author examines the global economy and the forces that shape it and hinder it in the world.