Capitalism, Alone
The Future of the System that Rules the World
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Narrated by:
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Bob Souer
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By:
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Branko Milanovic
About this listen
We are all capitalists now. For the first time in human history, the globe is dominated by one economic system. In Capitalism, Alone, leading economist Branko Milanovic explains the reasons for this decisive historical shift since the days of feudalism and, later, communism. Surveying the varieties of capitalism, he asks: What are the prospects for a fairer world now that capitalism is the only game in town? His conclusions are sobering, but not fatalistic. Capitalism gets much wrong, but also much right - and it is not going anywhere. Our task is to improve it.
Milanovic argues that capitalism has triumphed because it works. It delivers prosperity and gratifies human desires for autonomy. But it comes with a moral price, pushing us to treat material success as the ultimate goal. And it offers no guarantee of stability. In the West, liberal capitalism creaks under the strains of inequality and capitalist excess. That model now fights for hearts and minds with political capitalism, exemplified by China, which many claim is more efficient, but which is more vulnerable to corruption and, when growth is slow, social unrest. As for the economic problems of the Global South, Milanovic offers a creative, if controversial, plan for large-scale migration.
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- Unabridged
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Virtually all human societies were once organized tribally, yet over time most developed new political institutions which included a central state that could keep the peace and uniform laws that applied to all citizens. Some went on to create governments that were accountable to their constituents. We take these institutions for granted, but they are absent or are unable to perform in many of today’s developing countries—with often disastrous consequences for the rest of the world.
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Few forests, but lots of trees
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The Economics of Inequality
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Succinct, accessible, and authoritative, Thomas Piketty’s The Economics of Inequality is the ideal place to start for those who want to understand the fundamental issues at the heart of one the most pressing concerns in contemporary economics and politics. This work now appears in English for the first time.
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A Survey of the Economics of Inequality
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Right Here, Right Now
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The world is in flux. Disruptive technologies, ideas, and politicians are challenging business models, norms, and political conventions everywhere. How we, as leaders in business and politics, choose to respond matters greatly. Right Here, Right Now sets out a pragmatic, forward-looking vision for leaders in business and politics by analyzing how economic, social, and public policy trends - including globalized movements of capital, goods, and services, and labor - have affected our economies, communities, and governments.
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Excellent book on Politics for Canadians AND Americans
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Globalization and Its Discontents
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This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national best-seller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank.
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Plea
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In Ill Fares The Land, Tony Judt, one of our leading historians and thinkers, reveals how we have arrived at our present dangerously confused moment. Judt masterfully crystallizes what we've all been feeling into a way to think our way into, and thus out of, our great collective dis-ease about the current state of things.
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Blah, Blah, Blah.
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Why are cellphone plans so much more expensive in the United States than in Europe? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics. Ultimately, he reached a surprising conclusion: American markets, once a model for the world, are giving up on healthy competition.
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Eye-opening, but better as a book - a must-READ
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Creating a Learning Society
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It has long been recognized that most standard of living increases are associated with advances in technology, not the accumulation of capital. Yet it has also become clear that what truly separates developed from less developed countries is not just a gap in resources or output but a gap in knowledge. In fact the pace at which developing countries grow is largely determined by the pace at which they close that gap. Therefore, how countries learn and become more productive is key to understanding how they grow and develop, especially over the long term.
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tecnico pero vale la pena
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China's Economy
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China's Economy: What Everyone Needs to Know® is a concise introduction to the most astonishing economic growth story of the last three decades. In the 1980s, China was an impoverished backwater, struggling to escape the political turmoil and economic mismanagement of the Mao era. Today it is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America.
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An interesting insight
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How Are You Going to Pay for That?
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How Are You Going to Pay for That? is filled with engaging discussions and detailed strategies that policymakers and citizens alike can use to assail even the most entrenched lines of neoliberal logic and start to undo these long-held misconceptions. Equal parts economic theory, history, and political polemic, this is an essential roadmap for winning the key battles to come.
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Yay, Taxes!!!
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The Technology Trap
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From the Industrial Revolution to the age of artificial intelligence, The Technology Trap takes a sweeping look at the history of technological progress and how it has radically shifted the distribution of economic and political power among society’s members.
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Very good
- By Brad on 07-04-19
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What listeners say about Capitalism, Alone
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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Overall
- Anonymous User
- 07-30-20
new perspective
the author has a deep understanding of the subject and offers new ideas... what I'm looking for in a book, really.
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- L. Ferrero
- 05-04-20
No pdf of figures
Unfortunately, there is no pdf of figures and tables. This is unacceptable for a book of this kind.
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- marwalk
- 11-22-21
Comprehensive assessment of Capitalism
This book offers a comprehensive and clear eyed assessment of the role of Capitalism and the effects it has on the world. Milanovic provides thorough research throughout this work, drawing from sources as diverse as Karl Marx, Adam Smith, and John Rawls. The academic rigor of this book requires focus and concentration by the reader, but it is worth the effort needed to follow it well.
Milanovic describes two major types of Capitalism in operation today: the liberal Capitalism practiced by the (nominally) democratic West, and authoritarian Capitalism such as that practiced in China. The author also speculates on the likelihood of other manifestations of Capitalism that may become more prominent in the future. One such possibility is where everyone is an individual Capitalist, in an atomized society where every worker is also an owner—the current gig economy is a step toward that (e.g. those providing their own cars for work with Uber or Lyft).
One theme throughout the book is that Capitalism is the only system left standing—without a competitor anywhere on the horizon. This may be reminiscent of "There is no alternative," but it seems different in character from the Thatcher expression TINA. Milanovic aptly observes that Communism in the pure Marxist sense has rarely been implemented—similarly the word "socialism" has not been widely used in its Marxist meaning. Milanovic further reasons that Marxist Communism cannot occur in the future, as it relies on the existence of manufacturing labor in conflict with pure Capitalist owners—and both are in decline today.
Milanovic does not come to a firm conclusion regarding whether Capitalism as it is evolving will be able to correct the extreme inequality that currently exists. But the author does leave room for hope that economic forces may force its hand to that effect—let's do all we can to make that a reality.
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- Hercules H.
- 06-14-20
Don't waste your money or time on this dribble. Th
I started off giving this book as objective a listen as possible. I was hoping, it would be a book which was fair and balanced. unfortunately, it turned out to be socialistic propaganda in disguise of capitalism.
The author has absolutely no concept of the full implications of his assertions. anyone hoping for a read based on objective factors is going to be utterly disappointed. aside from the fact the author simply asserts hypothetical situations as facts and then proceeds to elaborate based on those assertions, there is nothing factual in this material upon which the author bases his claims.
unfortunately, it's just another pile of dribble based on the assumption a distribution of wealth Will solve all of the socioeconomic woes of which he complains. at the very least, I might be able to save others from wasting their time, money and effort.
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