Summary:
Did it live up to expectations? Yes and no. The starting point of the book is the ‘global victory of capitalism’ – ‘the entire globe now operates according to the same economic principles – production organized for profit using legally free wage labour and mostly privately owned capital, with decentralized coordination.’No credible alternatives currently exist out there in the real world. So far, so Fukuyama. But then he goes on to explore two broad branches of contemporary capitalism and the strengths and vulnerabilities of each. The two are ‘Liberal Capitalism’, epitomised by the USA, and ‘Political Capitalism’, aka China.... Oxfam Blogs — From Poverty to PowerBook Review: Branko Milanovic, Capitalism, Alone: The Future of the System that Rules the WorldDuncan Green, strategic adviser
Topics:
Mike Norman considers the following as important: Global Capitalism
This could be interesting, too:
Did it live up to expectations? Yes and no. The starting point of the book is the ‘global victory of capitalism’ – ‘the entire globe now operates according to the same economic principles – production organized for profit using legally free wage labour and mostly privately owned capital, with decentralized coordination.’No credible alternatives currently exist out there in the real world. So far, so Fukuyama. But then he goes on to explore two broad branches of contemporary capitalism and the strengths and vulnerabilities of each. The two are ‘Liberal Capitalism’, epitomised by the USA, and ‘Political Capitalism’, aka China.... Oxfam Blogs — From Poverty to PowerBook Review: Branko Milanovic, Capitalism, Alone: The Future of the System that Rules the WorldDuncan Green, strategic adviser
Topics:
Mike Norman considers the following as important: Global Capitalism
This could be interesting, too:
Steve Keen writes Capitalism is national & transnational, but what about the money?
Matias Vernengo writes Global Brands
Did it live up to expectations? Yes and no. The starting point of the book is the ‘global victory of capitalism’ – ‘the entire globe now operates according to the same economic principles – production organized for profit using legally free wage labour and mostly privately owned capital, with decentralized coordination.’Oxfam Blogs — From Poverty to Power
No credible alternatives currently exist out there in the real world. So far, so Fukuyama. But then he goes on to explore two broad branches of contemporary capitalism and the strengths and vulnerabilities of each. The two are ‘Liberal Capitalism’, epitomised by the USA, and ‘Political Capitalism’, aka China....
Book Review: Branko Milanovic, Capitalism, Alone: The Future of the System that Rules the World
Duncan Green, strategic adviser for Oxfam GB