Author: D. Gibson
Publisher: Springer
ISBN: 0230119778
Category : Political Science
Languages : en
Pages : 533
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Book Description
This forcefully argued book offers a provocative picture of the political, intellectual, and economic forces that have shaped the history of the United States, offering an extensive and in-depth critique of laissez-faire doctrine and a novel reformulation of the work of American System writers, Gibson traces America's rise to global supremacy.
Author: Paul Craig Roberts
Publisher: Atwell Publishing
ISBN: 0988406519
Category : Capitalism
Languages : en
Pages : 134
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Book Description
This very readable book by a distinguished economist, Wall Street Journal editor, and Assistant Secretary of the US Treasury is a major challenge both to economic theory and to media explanations of the ongoing 21st century economic crisis. The one percent have pulled off an economic and political revolution. By offshoring manufacturing and professional service jobs, US corporations destroyed the growth of consumer income, the basis of the US economy, leaving the bulk of the population mired in debt. Deregulation was used to concentrate income and wealth in fewer hands and financial firms in corporations “too big to fail,” removing financial corporations from market discipline and forcing taxpayers in the US and Europe to cover bankster losses. Environmental destruction has accelerated as economists refuse to count the exhaustion of nature’s resources as a cost and as corporations impose the cost of their activities on the environment and on third parties who do not share in the profits. This is the book to read for those who want to understand the mistakes that are bringing the West to its knees.
Author: Michael Dahlen
Publisher: Hillcrest Publishing Group
ISBN: 1634138503
Category : Business & Economics
Languages : en
Pages : 379
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Book Description
Statism denotes any system of big government, a government that gains power at the expense of individual freedom, a government that uses its power to redistribute wealth and regulate the economy. Laissez-faire capitalism, by contrast, is the system of limited government, the system of economic and political freedom. It is a system that has created more wealth and lifted more people out of poverty than any other system. Yet it is relentlessly demonized. We are told that the free market is impractical--prone to crises, depressions, and coercive monopolies. Michael Dahlen dispels these and many other myths. He shows that a laissez-faire capitalist system is not only practical; he shows that it is moral, as it is the only system that recognizes each individual's inalienable right to his own life. A provocative weave of history, philosophy, and political economy, Ending Big Government: The Essential Case for Capitalism and Freedom, shows that capitalism is incontestably superior to statism.
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: Friedrich List
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 422
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Book Description
Author: Raghuram Rajan
Publisher: Crown Currency
ISBN: 1400049164
Category : Business & Economics
Languages : en
Pages : 384
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Book Description
Capitalism’s biggest problem is the executive in pinstripes who extols the virtues of competitive markets with every breath while attempting to extinguish them with every action. Saving Capitalism from the Capitalists is a groundbreaking book that will radically change our understanding of the capitalist system, particularly the role of financial markets. They are the catalyst for inspiring human ingenuity and spreading prosperity. The perception of many, especially in the wake of never-ending corporate scandals, is that financial markets are parasitic institutions that feed off the blood, sweat, and tears of the rest of us. The reality is far different. •Vibrant financial markets threaten the sclerotic corporate establishment and increase corporate mobility and opportunity. They are the reason why entrepreneurship flourishes and companies like The Home Depot and Wal-Mart—mere fly specks a quarter of a century ago—have surged as they have. •They mean personal freedom and economic development for more people. Throughout history, and in most of the world today, the record is one of financial oppression. Elites restrict access to capital and severely limit not only general economic development but that of individuals as well. •Open borders help check the political and economic elites and preserve competitive markets. The greatest danger of the antiglobalization movement is that it will keep the rich rich and the poor poor. Globalization forces countries to do what is necessary to make their economies productive, not what is best for incumbent elites. Open borders limit the ability of domestic politics to close down competition and to retard financial and economic growth. •Markets are especially susceptible in economic downturns when the establishment can exploit public anger to restrict competition and access to capital. While markets must be free to practice “creative destruction,” Rajan and Zingales demonstrate the political and economic importance of a sustainable distribution of wealth and a baseline safety net. Capitalism needs a heart for its own good! There are no iron laws of economics that condemn countries like Bangladesh to perpetual poverty or the United States to perpetual prosperity. The early years of the twentieth century saw vibrant, open financial markets that were creating widespread prosperity. Then came the “Great Reversal” during the Great Depression. It can—and will—happen again, unless there is greater understanding of what markets do, who benefits, and who really wants to either limit them or shut them down. Saving Capitalism from the Capitalists breaks free of traditional ideological arguments of the right and left and points to a new way of understanding and spreading the extraordinary wealth-generating capabilities of capitalism.
Author: Philippe Aghion
Publisher: Harvard University Press
ISBN: 0674971167
Category : Business & Economics
Languages : en
Pages : 401
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Book Description
From one of the world’s leading economists and his coauthors, a cutting-edge analysis of what drives economic growth and a blueprint for prosperity under capitalism. Crisis seems to follow crisis. Inequality is rising, growth is stagnant, the environment is suffering, and the COVID-19 pandemic has exposed every crack in the system. We hear more and more calls for radical change, even the overthrow of capitalism. But the answer to our problems is not revolution. The answer is to create a better capitalism by understanding and harnessing the power of creative destruction—innovation that disrupts, but that over the past two hundred years has also lifted societies to previously unimagined prosperity. To explain, Philippe Aghion, Céline Antonin, and Simon Bunel draw on cutting-edge theory and evidence to examine today’s most fundamental economic questions, including the roots of growth and inequality, competition and globalization, the determinants of health and happiness, technological revolutions, secular stagnation, middle-income traps, climate change, and how to recover from economic shocks. They show that we owe our modern standard of living to innovations enabled by free-market capitalism. But we also need state intervention with the appropriate checks and balances to simultaneously foster ongoing economic creativity, manage the social disruption that innovation leaves in its wake, and ensure that yesterday’s superstar innovators don’t pull the ladder up after them to thwart tomorrow’s. A powerful and ambitious reappraisal of the foundations of economic success and a blueprint for change, The Power of Creative Destruction shows that a fair and prosperous future is ultimately ours to make.
Author: Edward O'Donnell
Publisher: Columbia University Press
ISBN: 0231539266
Category : History
Languages : en
Pages : 377
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Book Description
America's remarkable explosion of industrial output and national wealth at the end of the nineteenth century was matched by a troubling rise in poverty and worker unrest. As politicians and intellectuals fought over the causes of this crisis, Henry George (1839–1897) published a radical critique of laissez-faire capitalism and its threat to the nation's republican traditions. Progress and Poverty (1879), which became a surprise best-seller, offered a provocative solution for preserving these traditions while preventing the amassing of wealth in the hands of the few: a single tax on land values. George's writings and years of social activism almost won him the mayor's seat in New York City in 1886. Though he lost the election, his ideas proved instrumental to shaping a popular progressivism that remains essential to tackling inequality today. Edward T. O'Donnell's exploration of George's life and times merges labor, ethnic, intellectual, and political history to illuminate the early militant labor movement in New York during the Gilded Age. He locates in George's rise to prominence the beginning of a larger effort by American workers to regain control of the workplace and obtain economic security and opportunity. The Gilded Age was the first but by no means the last era in which Americans confronted the mixed outcomes of modern capitalism. George's accessible, forward-thinking ideas on democracy, equality, and freedom have tremendous value for contemporary debates over the future of unions, corporate power, Wall Street recklessness, government regulation, and political polarization.
Author: Joseph E. Stiglitz
Publisher: W. W. Norton & Company
ISBN: 1324004223
Category : Business & Economics
Languages : en
Pages : 407
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Book Description
“Urgent work, by the foremost champion of ‘progressive capitalism.’ ” —The New Yorker An authoritative account of the dangers of unfettered markets and monied politics, People, Power, and Profits shows us an America in crisis. The American people, however, are far from powerless, and Joseph Stiglitz provides an alternative path forward through his vision of progressive capitalism, with a comprehensive set of political and economic changes.
Author: Michael Jacobs
Publisher: John Wiley & Sons
ISBN: 1119311632
Category : Political Science
Languages : en
Pages : 224
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Book Description
"Thought provoking and fresh - this book challenges how we think about economics.” Gillian Tett, Financial Times For further information about recent publicity events and media coverage for Rethinking Capitalism please visit http://marianamazzucato.com/rethinking-capitalism/ Western capitalism is in crisis. For decades investment has been falling, living standards have stagnated or declined, and inequality has risen dramatically. Economic policy has neither reformed the financial system nor restored stable growth. Climate change meanwhile poses increasing risks to future prosperity. In this book some of the world’s leading economists propose new ways of thinking about capitalism. In clear and compelling prose, each chapter shows how today’s deep economic problems reflect the inadequacies of orthodox economic theory and the failure of policies informed by it. The chapters examine a range of contemporary economic issues, including fiscal and monetary policy, financial markets and business behaviour, inequality and privatisation, and innovation and environmental change. The authors set out alternative economic approaches which better explain how capitalism works, why it often doesn’t, and how it can be made more innovative, inclusive and sustainable. Outlining a series of far-reaching policy reforms, Rethinking Capitalism offers a powerful challenge to mainstream economic debate, and new ideas to transform it.
