Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity PDF Download

Author: William J. Baumol
Publisher: Yale University Press
ISBN: 0300134797
Category : Political Science
Languages : en
Pages : 333

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Book Description
In this important book, William J. Baumol, Robert E. Litan, and Carl J. Schramm contend that the answers to these questions lie within capitalist economies, though many observers make the mistake of believing that "capitalism" is of a single kind. Writing in an accessible style, the authors dispel that myth, documenting four different varieties of capitalism, some "Good" and some "Bad" for growth. The authors identify the conditions that characterize Good Capitalism--the right blend of entrepreneurial and established firms, which can vary among countries--as well as the features of Bad Capitalism. They examine how countries catching up to the United States can move faster toward the economic frontier, while laying out the need for the United States itself to stick to and reinforce the recipe for growth that has enabled it to be the leading economic force in the world. This pathbreaking book is a must read for anyone who cares about global growth and how to ensure America's economic future.

Author: Robert E. Litan
Publisher: Yale University Press
ISBN: 0300146787
Category : Business & Economics
Languages : en
Pages : 275

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Book Description
Shows that, with wise and informed policymaking, the American entrepreneurial engine can rally and the true potential of the economy can be unlocked.

Author: Raymond Parsons
Publisher: Jacana Media
ISBN: 9781431426188
Category : Business and politics
Languages : en
Pages : 0

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Book Description
"Good Capitalism, Bad Capitalism? The role of business in South Africa offers an insightful and balanced account of how the business sector, and particularly organised business, has influenced South Africa's political and socio-economic trajectory over the years, and what it will take for the key actors, politicians and business and labour leaders, to find a new sense of (common) purpose in the post-Zuma era. Recent years have seen organised business in South Africa (represented by organisations such as Business Unity South Africa (BUSA), Business Leadership South Africa (BLSA) and the Black Business Council (BBC)) become fragmented and unnecessarily competitive, with national, provincial and/or local multi-sectoral bodies often having overlapping or conflicting interests and mandates. In the process, the once powerful 'voice of business' has become considerably weaker. What has gone wrong, and can order be re-established?"--Publisher's description.

Author: Ha-Joon Chang
Publisher: Bloomsbury Publishing USA
ISBN: 1608193586
Category : Business & Economics
Languages : en
Pages : 305

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Book Description
INTERNATIONAL BESTSELLER "For anyone who wants to understand capitalism not as economists or politicians have pictured it but as it actually operates, this book will be invaluable."-Observer (UK) If you've wondered how we did not see the economic collapse coming, Ha-Joon Chang knows the answer: We didn't ask what they didn't tell us about capitalism. This is a lighthearted book with a serious purpose: to question the assumptions behind the dogma and sheer hype that the dominant school of neoliberal economists-the apostles of the freemarket-have spun since the Age of Reagan. Chang, the author of the international bestseller Bad Samaritans, is one of the world's most respected economists, a voice of sanity-and wit-in the tradition of John Kenneth Galbraith and Joseph Stiglitz. 23 Things They Don't Tell You About Capitalism equips readers with an understanding of how global capitalism works-and doesn't. In his final chapter, "How to Rebuild the World," Chang offers a vision of how we can shape capitalism to humane ends, instead of becoming slaves of the market.

Author: Paul Mattick
Publisher: Reaktion Books
ISBN: 1861899823
Category : Business & Economics
Languages : en
Pages : 129

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Book Description
The recent global economic downturn has affected nearly everyone in every corner of the globe. Its vast reach and lingering effects have made it difficult to pinpoint its exact cause, and while some economists point to the risks inherent in the modern financial system, others blame long-term imbalances in the world economy. Into this debate steps Paul Mattick, who, in Business as Usual, explains the global economic downturn in relation to the development of the world economy since World War II, but also as a fundamental example of the cycle of crisis and recovery that has characterized capitalism since the early nineteenth century. Mattick explains that today’s recession is not the result of a singular financial event but instead is a manifestation of long-term processes within the world economy. Mattick argues that the economic downturn can best be understood within the context of business cycles, which are unavoidable in a free-market economy. He uses this explanation as a springboard for exploring the nature of our capitalist society and its prospects for the future. Although Business as Usual engages with many economic theories, both mainstream and left-wing, Mattick’s accessible writing opens the subject up in order for non-specialists to understand the current economic climate not as the effect of a financial crisis, but as a manifestation of a truth about the social and economic system in which we live. As a result the book is ideal for anyone who wants to gain a succinct and jargon-free understanding of recent economic events, and, just as important, the overall dynamics of the capitalist system itself.

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: Martin Vander Weyer
Publisher: Biteback Publishing
ISBN: 178590728X
Category : Business & Economics
Languages : en
Pages : 334

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Book Description
"Timely, thoughtful and witty" – Merryn Somerset Webb From the Industrial Revolution to the internet, capitalism has been a great engine of human progress. But now it stands accused of allowing the greedy few to run riot over the rest of society, exploiting workers and suppliers and recklessly damaging the planet in pursuit of profit. Where did these accusations come from – and are they true? In this lively critique, Spectator business editor Martin Vander Weyer argues that capitalism has indeed lost its moral compass, has lost public trust and is in urgent need of repair. But this is no far-left analysis seeking to champion a thinly veiled Marxist platform. Written from the point of view of a deep admirer of entrepreneurship and private-sector investment as a proven path to innovation and prosperity, The Good, the Bad and the Greedy argues that businesses always operate in a social context and that a 'good' business in a moral sense can also, in a perfect world, be a business that richly rewards its creators and backers. From the writer whom Boris Johnson called 'the most oracular and entertaining business commentator' in London, this thoughtful critique of 21st-century capitalism formulates core principles that separate the good from the bad and the greedy and warns that the system must be reformed and faith in it restored – before the next generation commit the ultimate act of self-harm by rejecting capitalism in favour of something worse.

Author: Allan H. Meltzer
Publisher: OUP USA
ISBN: 0199859574
Category : Business & Economics
Languages : en
Pages : 167

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Book Description
Why Capitalism? addresses the current debate among politicians, scholars in the political sciences, and general readers on the benefits and the supposed shortcomings of capitalism.

Author: Brian S. Wesbury
Publisher: John Wiley & Sons
ISBN: 047023833X
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
An upbeat antidote to the gloom and doom forecasts of the financial future Just about everyone is worried about the economy and markets. And the fear is that they will stay down for a long time. But a few brave voices say that the gloom and doom forecasts are just too pessimistic. Reality is that entrepreneurs don't give up. History is pretty clear, every time the economy is thought to be done, worn out, finished, it bounces back and heads to new highs. In fact, the economy and the markets-counter to conventional wisdom-have started to improve in the first half of 2009. Even housing is showing some signs of life. With It's Not as Bad as You Think, Brian Wesbury, ranked as one of the top economic forecasters by the Wall Street Journal and USA Today, shows you that while the financial future may be hard to predict, it will ultimately be profitable over the long haul. In this easy-to-follow and engaging forecast of the future, Wesbury takes a look at the good, the bad, and the ugly-and debunks the pouting pundits of pessimism to show you how to prosper now and in the future. An optimistic look at the economy and the markets written by one of today's foremost financial forecasters Presents a roadmap to seek opportunities in all the panic Shows you how to analyze economic indicators and government policy to grow your wealth so you don't lose by hiding under the bed A breath of fresh air, Wesbury's objectivity and optimism provide welcome relief to the daily bad news stories, as he sets us all up to capitalize on tomorrow's great possibilities.

Author: Eric Williams
Publisher: UNC Press Books
ISBN: 1469619490
Category : History
Languages : en
Pages : 308

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Book Description
Slavery helped finance the Industrial Revolution in England. Plantation owners, shipbuilders, and merchants connected with the slave trade accumulated vast fortunes that established banks and heavy industry in Europe and expanded the reach of capitalism worldwide. Eric Williams advanced these powerful ideas in Capitalism and Slavery, published in 1944. Years ahead of its time, his profound critique became the foundation for studies of imperialism and economic development. Binding an economic view of history with strong moral argument, Williams's study of the role of slavery in financing the Industrial Revolution refuted traditional ideas of economic and moral progress and firmly established the centrality of the African slave trade in European economic development. He also showed that mature industrial capitalism in turn helped destroy the slave system. Establishing the exploitation of commercial capitalism and its link to racial attitudes, Williams employed a historicist vision that set the tone for future studies. In a new introduction, Colin Palmer assesses the lasting impact of Williams's groundbreaking work and analyzes the heated scholarly debates it generated when it first appeared.