Capitalism In The 21st Century Why Global Capitalism Is Broken And How It Can Be Fixed

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Capitalism In The 21st Century: Why Global Capitalism Is Broken And How It Can Be Fixed

Author : Donghyun Park
Publisher : World Scientific
Page : 361 pages
File Size : 47,9 Mb
Release : 2019-02-25
Category : Business & Economics
ISBN : 9789813274532

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Capitalism In The 21st Century: Why Global Capitalism Is Broken And How It Can Be Fixed by Donghyun Park Pdf

'Dr Donghyun Park is a prominent and rare economist in Asia who can combine frontline economic theories, lively data, and real-time policy analyses. Capitalism in the 21st Century is a masterful book by Dr Park, providing a comprehensive understanding of heterogenous trajectories of economies around the globe and more fundamental mechanisms of the modern capitalistic system. This is a 'must-read' for those who are interested in comparative economic systems, global economy, and international development.'Yasuyuki SawadaChief Economist, Asian Development BankProfessor of Economics, University of Tokyo'Donghyun Park makes clear that capitalism gets a bad rap, in large part because of too much emphasis on capital as in financial engineering, and too much emphasis on capitals as in government protectionism. Park argues a compelling case that genuine capitalism, which is about entrepreneurship, is necessary to solve the big problems most people face around the globe.'Adam S PosenPresident, Peterson Institute of International EconomicsGlobal capitalism is currently suffering from an unmistakable malaise, epitomized by wide and growing inequality that is eroding popular support for capitalism. Such anti-capitalist sentiment, coupled with a growing anti-globalization mood, delivered Brexit in a UK referendum and swept Donald Trump to the US presidency. In Capitalism in the 21st Century, internationally well-regarded economist Dr Donghyun Park articulately explains why more capitalism is needed to tackle global problems such as climate change and inhumane poverty. While defending capitalism against its unfair demonization, the author makes a positive case for entrepreneurial capitalism, which creates wealth and jobs as well as drives human progress. According to the author, reforming the financial industry, which has become a self-serving leviathan, and more fundamentally, tweaking the economic role of the government, which stifles growth-promoting entrepreneurship, are critical to restoring the vitality of capitalism. The book is explicitly written in such a way that the general reader without any background in economics or finance can easily understand it.Related Link(s)

Political Economy and Global Capitalism

Author : Robert Albritton,Bob Jessop,Richard Westra
Publisher : Anthem Press
Page : 260 pages
File Size : 41,8 Mb
Release : 2010
Category : Business & Economics
ISBN : 9781843318750

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Political Economy and Global Capitalism by Robert Albritton,Bob Jessop,Richard Westra Pdf

This volume brings together original and timely writings by internationally renowned scholars that reflect on the current trajectories of global capitalism and, in the light of these, consider likely, possible or desirable futures. It offers theory-informed writing that contextualizes empirical research on current world-historic events and trends with an eye towards realizing a future of human, social and economic betterment.

Global Capitalism

Author : Miguel A. Centeno,Joseph N. Cohen
Publisher : John Wiley & Sons
Page : 361 pages
File Size : 53,7 Mb
Release : 2013-04-17
Category : Political Science
ISBN : 9780745655949

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Global Capitalism by Miguel A. Centeno,Joseph N. Cohen Pdf

The global financial crisis has challenged many of our most authoritative economic ideologies and policies. After thirty years of reshaping the world to conform to the market, governments and societies are now calling for a retreat to a yet undefined new economic order. In order to provide a guide to what the twenty-first-century economy might look like, this book revisits the great project of Global Capitalism. What did it actually entail? How far did it go? What were its strengths and failings? By deconstructing its core ideas and examining its empirical record, can we gain clues about how to move forward after the crisis? Miguel Centeno and Joseph Cohen define capitalism as a historically-evolving and socially-constructed institution, rooted in three core economic activities trade, finance and marketing and identify the three key challenges that any new economic system will need to surmount inequality, governance, and environmental sustainability. This accessible and engaging book will be essential reading for students of economic sociology, and all those interested in the construction of our economic future.

The Challenge of Global Capitalism

Author : Robert Gilpin
Publisher : Unknown
Page : 373 pages
File Size : 44,8 Mb
Release : 2000
Category : Electronic
ISBN : OCLC:817106390

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The Challenge of Global Capitalism by Robert Gilpin Pdf

Global Capitalism and the Crisis of Humanity

Author : William I. Robinson
Publisher : Cambridge University Press
Page : 257 pages
File Size : 41,9 Mb
Release : 2014-07-28
Category : History
ISBN : 9781107067479

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Global Capitalism and the Crisis of Humanity by William I. Robinson Pdf

This book discusses the nature of the new global capitalism, the rise of a globalized production and financial system, a transnational capitalist class, and a transnational state and warns of the rise of a global police state to contain the explosive contradictions of a global capitalist system that is crisis-ridden and out of control.

Globalization in the 21st Century

Author : B. Berberoglu
Publisher : Springer
Page : 238 pages
File Size : 51,7 Mb
Release : 2010-04-12
Category : Social Science
ISBN : 9780230106390

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Globalization in the 21st Century by B. Berberoglu Pdf

This book examines the development and transformation of global capitalism in the late 20th and early 21st century. It analyzes the dynamics and contradictions of the global political economy through a comparative-historical approach based on class analysis. After providing a critical overview of neoliberal capitalist globalization over the past three decades, the book examines the emergence of new forces on the global scene and discusses the prospects of change in the global economy in a multi-polar direction in the decades ahead. The book concludes by focusing on the mass movements that are playing a central role in bringing about the transformation of global capitalism.

Can Global Capitalism Endure?

Author : William I. Robinson
Publisher : SCB Distributors
Page : 90 pages
File Size : 42,7 Mb
Release : 2022-08-01
Category : Political Science
ISBN : 9781949762631

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Can Global Capitalism Endure? by William I. Robinson Pdf

William Robinson offers a concise, authoritative, and persuasive account of the ills, economic, ecological, and geopolitical, afflicting global capitalism, and shows that they are potentially fatal to both humankind and the system itself – compelling reading for anyone who wants to decipher the gathering storm clouds.” ALEX CALLINICO, Professor of European Studies, King’s College, London "Few scholars are better qualified than William I. Robinson to summarize the Marxist economic critique and to apply it to the current terminal crisis of the capitalist system." KEES VAN DER PIJL, States of Emergency: Keeping the Global Population in Check “Every paragraph of Can Global Capitalism Endure? sizzles with insights. Here is William I. Robinson at his best: empirically sensitive, theoretically original, politically committed”. JASON W. MOORE Global capitalism is facing an unprecedented crisis. The global economy is mired in prolonged stagnation. The worldwide social fabric is in decay. Civil strife and social upheaval are tearing up political systems and, in some cases, leading to the collapse of states. The planetary ecosystem is breaking down. Millions are fleeing, displaced by climate change, transnational corporate land grabs, wars and political persecution. How far into the future can global capitalism endure? In this urgent new study, sociologist William I. Robinson presents a “big picture” snapshot of the crisis of capitalism and the battle for the future of humanity. Drawing on 30 years of scholarship and activism, Robinson applies his original theory of global capitalism to the emerging digital age. He shows how global elites have pinned their hope on economic reactivation through the application of radical new digital technologies and financial strategies to the global economy and society. The rulers will turn to enhancing a global police state to contain mass rebellion as humanity enters a season of chaos and global civil war. The capitalist class and privileged strata of humanity may be able to survive collapse for decades to come even as a majority of humanity faces desperate struggles for survival that lead many to perish in the coming years. But there is eventually a terminal point to capitalist expansion as mass extinction and the radical alteration of the natural environment make life for our species and most others impossible. The only solution is a reversal of escalating inequalities through a radical redistribution of wealth and power

Stakeholder Capitalism

Author : Klaus Schwab
Publisher : John Wiley & Sons
Page : 304 pages
File Size : 41,9 Mb
Release : 2021-01-06
Category : Business & Economics
ISBN : 9781119756149

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Stakeholder Capitalism by Klaus Schwab Pdf

Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.

Confronting Capitalism in the 21st Century

Author : Marc Silver
Publisher : Springer
Page : 344 pages
File Size : 55,9 Mb
Release : 2019-04-23
Category : Political Science
ISBN : 9783030136390

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Confronting Capitalism in the 21st Century by Marc Silver Pdf

This book analyzes key aspects of Marx’s Capital with an eye towards its relevance for an understanding of issues confronting us in the 21st Century. The contributions to this volume suggest that while aspects of Marx’s original analysis must be adjusted to take into account changes that have occurred since its initial publication in 1867, his overall perspective remains necessary for understanding the nature of crises in 21st century. Part I emphasizes the central concepts Marx employed in Capital, including exploitation, capital accumulation, commodity fetishism, and his use of dialectics as a method for baring the underlying relations that define capitalism. Parts II and III extend that focus by addressing the concept of value, fictitious capital, credit and financialization. Parts IV and V offer analyses of several concrete manifestations of contemporary crises from national contexts (Europe, Latin America, China, and the United States). The volume argues that we have to combat the imperatives of capitalism to move towards a more humane and egalitarian future.

Global Capitalism

Author : Miguel Angel Centeno
Publisher : Unknown
Page : 0 pages
File Size : 49,5 Mb
Release : 2010
Category : Capitalism
ISBN : OCLC:1341890317

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Global Capitalism by Miguel Angel Centeno Pdf

The global financial crisis has challenged many of our most authoritative economic ideologies and policies. After thirty years of reshaping the world to conform to the market, governments and societies are now calling for a retreat to a yet undefined new economic order. In order to provide a guide to what the twenty-first-century economy might look like, this book revisits the great project of Global Capitalism. What did it actually entail? How far did it go? What were its strengths and failings? By deconstructing its core ideas and examining its empirical record, can we gain clues about how to move forward after the crisis? Miguel Centeno and Joseph Cohen define capitalism as a historically-evolving and socially-constructed institution, rooted in three core economic activities trade, finance and marketing and identify the three key challenges that any new economic system will need to surmount inequality, governance, and environmental sustainability. -- Back cover.

Capitalism and Democracy in the Twenty-First Century

Author : Gavin Kitching
Publisher : Routledge
Page : 211 pages
File Size : 44,6 Mb
Release : 2019-10-17
Category : Philosophy
ISBN : 9781000681352

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Capitalism and Democracy in the Twenty-First Century by Gavin Kitching Pdf

This short book makes a connection between recent ‘tectonic shifts’ in the world economy and the political problems currently confronted by western democracies. The shift of manufacturing away from the West, allied to the pressure to keep costs down in an increasingly competitive global economy, has led to economic inequality, reliance on service industry employment and public sector austerity. All this has in turn produced large numbers of desperate citizens attracted to a populist economic nationalism accompanied by xenophobia. However, the originality of this text lies not in the above argument, but in the philosophical reflections which drive and derive from it. These include reflections on history as a supposed causal process; on the need to make ethical judgements of economic activities and the difficulties of doing so; and on the problems confronting modern citizens in understanding complex economic processes and their political implications. Capitalism and Democracy in the Twenty-First Century endorses Wittgenstein’s ‘praxis’ approach to human social life and its study. Accordingly, it not only analyses economic and political problems but suggests ways of solving or mitigating them. In doing so it relies on Marx’s conviction that our capacity to see certain phenomena as problems is at least a priori evidence that they can be solved. This book will appeal to undergraduate and postgraduate students of politics, comparative politics, political economy and international relations.

Global Capitalism

Author : Robert J. S. Ross,Kent C. Trachte
Publisher : State University of New York Press
Page : 324 pages
File Size : 44,5 Mb
Release : 1990-07-05
Category : Political Science
ISBN : 9781438418056

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Global Capitalism by Robert J. S. Ross,Kent C. Trachte Pdf

How have global markets and global manufacturing changed the balance of social, economic and political power? With this volume Ross and Trachte challenge existing political-economic theory. In concise terms they show how traditional theories of monopoly capitalism and world systems are not well-suited to analyze the emergence of global capitalism. This book, in a series of case studies of U.S. metropolitan areas, examines the dramatic transformation of the world economy in the last two decades. The book's last section examines political strategy and the political theory implied by the heightened power of capital.

In Defense of Global Capitalism

Author : Johan Norberg,Roger Tanner,Julian Sanchez,Cato Institute
Publisher : Cato Institute
Page : 340 pages
File Size : 54,7 Mb
Release : 2003
Category : Business & Economics
ISBN : 1930865473

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In Defense of Global Capitalism by Johan Norberg,Roger Tanner,Julian Sanchez,Cato Institute Pdf

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.

The Making of Global Capitalism

Author : Leo Panitch,Sam Gindin
Publisher : Verso Books
Page : 605 pages
File Size : 48,7 Mb
Release : 2013-10-08
Category : History
ISBN : 9781781684412

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The Making of Global Capitalism by Leo Panitch,Sam Gindin Pdf

The all-encompassing embrace of world capitalism at the beginning of the twenty-first century was generally attributed to the superiority of competitive markets. Globalization had appeared to be the natural outcome of this unstoppable process. But today, with global markets roiling and increasingly reliant on state intervention to stay afloat, it has become clear that markets and states aren't straightforwardly opposing forces. In this groundbreaking work, Leo Panitch and Sam Gindin demonstrate the intimate relationship between modern capitalism and the American state. The Making of Global Capitalism identifies the centrality of the social conflicts that occur within states rather than between them. These emerging fault lines hold out the possibility of new political movements that might transcend global markets.

Globalization from the Bottom Up

Author : A. Coskun Samli
Publisher : Springer Science & Business Media
Page : 162 pages
File Size : 47,5 Mb
Release : 2008-12-05
Category : Business & Economics
ISBN : 9780387770987

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Globalization from the Bottom Up by A. Coskun Samli Pdf

Takes a proactive approach to addressing big issues of world poverty, economic development, and the impact of globalization — with recommendations for business leaders, policymakers, and concerned citizens around the world Samli offers an alternative model, a philosophy and practice of "social capitalism" that is grounded in a bottom-up approach to wealth creation, while acknowledging that power will continue to be concentrated at the top level of the pyramid