Outlining a series of far-reaching policy reforms, Rethinking Capitalism offers a powerful challenge to mainstream economic debate, and new ideas to transform it. For decades investment has been falling, living standards have stagnated or declined, and inequality has risen dramatically. The chapters examine a range of contemporary economic issues, inequality and privatisation, including fiscal and monetary policy, financial markets and business behaviour, and innovation and environmental change.
Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth Political Quarterly Monograph Series #ad - Economic policy has neither reformed the financial system nor restored stable growth. Wiley-Blackwell. 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. 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 Entrepreneurial State: Debunking Public vs. Private Sector MythsPublicAffairs #ad - She reveals in detailed case studies that the opposite is true: the state is, and has been, our boldest and most valuable innovator. PublicAffairs. The repercussions could stunt economic growth and increase inequality. Denying this history is leading us down the wrong path. A select few get credit for what is an intensely collective effort, and the US government has started disinvesting from innovation.
The world's most popular products, from the iPhone to Google Search, were funded not by private companies, but the taxpayer. Mazzucato teaches us how to reverse this trend before it is too late. In this sharp and controversial international bestseller, an award-winning economist debunks the pervasive myth that the government is sluggish and inept, and at odds with a dynamic private sector.
The Value of Everything: Making and Taking in the Global EconomyPublicAffairs #ad - Modern economies reward activities that extract value rather than create it. PublicAffairs. In the process, innovation suffers and inequality rises. The book uses case studies-from silicon valley to the financial sector to big pharma-to show how the foggy notions of value create confusion between rents and profits, reward extractors and creators, and distort the measurements of growth and GDP.
The lesson here is urgent and sobering: to rescue our economy from the next inevitable crisis and to foster long-term economic growth, rethink the role of public policy and the importance of the public sector, we will need to rethink capitalism, and redefine how we measure value in our society. This must change to ensure a capitalism that works for us all.
The Value of Everything: Making and Taking in the Global Economy #ad - Shortlisted for the ft & mckinsey business book of the year awarda scathing indictment of our current global financial system, The Value of Everything rigorously scrutinizes the way in which economic value has been accounted and reveals how economic theory has failed to clearly delineate the difference between value creation and value extraction.
. Mariana mazzucato argues that the increasingly blurry distinction between the two categories has allowed certain actors in the economy to portray themselves as value creators, even worse, while in reality they are just moving around existing value or, destroying it.
The Value of Everything: Making and Taking in the Global EconomyPenguin #ad - Once a central plank of economic thought, this concept of value - what it is, why it matters to us - is simply no longer discussed. Which activities create it, which extract it, which destroy it? Answers to these questions are key if we want to replace the current parasitic system with a type of capitalism that is more sustainable, more symbiotic - that works for us all.
From companies driven solely to maximize shareholder value to astronomically high prices of medicines justified through big pharma's 'value pricing', we misidentify taking with making, and have lost sight of what value really means. Winner of the 2019 madame de staËl prize and the 2018 leontief prize for advancing the frontiers of economic thought shortlisted for the ft & mckinsey business book of the year 2018who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem hiding in plain sight.
The Value of Everything: Making and Taking in the Global Economy #ad - In modern capitalism, value-extraction is rewarded more highly than value-creation: the productive process that drives a healthy economy and society. Yet, argues mariana mazzucato in this penetrating and passionate new book, if we are to reform capitalism - radically to transform an increasingly sick system rather than continue feeding it - we urgently need to rethink where wealth comes from.
The value of everything reigniteS a long-needed debate about the kind of world we really want to live in. PublicAffairs.
Good Economics for Hard TimesPublicAffairs #ad - PublicAffairs. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable. In this revolutionary book, renowned MIT economists Abhijit V. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it.
Immigration and inequality, from new delhi and Dakar to Paris and Washington, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us.
Good Economics for Hard Times #ad - The winners of the nobel prize show how economics, when done right, can help us solve the thorniest social and political problems of our day. Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Original, and urgent, provocative, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect.
Banerjee and esther duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.
Capital and IdeologyBelknap Press: An Imprint of Harvard University Press #ad - He concludes that the great driver of human progress over the centuries has been the struggle for equality and education and not, as often argued, the assertion of property rights or the pursuit of stability. The epic successor to one of the most important books of the century: at once a retelling of global history, a scathing critique of contemporary politics, and a bold proposal for a new and fairer economic system.
Thomas piketty’s bestselling Capital in the Twenty-First Century galvanized global debate about inequality. Markets, profits, and capital are all historical constructs that depend on choices. PublicAffairs. He exposes the ideas that have sustained inequality for the past millennium, reveals why the shallow politics of right and left are failing us today, and outlines the structure of a fairer economic system.
Our economy, Piketty observes, is not a natural fact. The new era of extreme inequality that has derailed that progress since the 1980s, he shows, intellectual specialization, but it is also the fruit of ignorance, is partly a reaction against communism, and our drift toward the dead-end politics of identity.
Capital and Ideology #ad - Once we understand this, we can begin to envision a more balanced approach to economics and politics. Piketty explores the material and ideological interactions of conflicting social groups that have given us slavery, colonialism, and hypercapitalism, communism, serfdom, shaping the lives of billions. In this audacious follow-up, ideology, Piketty challenges us to revolutionize how we think about politics, and history.
Doughnut Economics: Seven Ways to Think Like a 21st-Century EconomistChelsea Green Publishing #ad - A financial times "best book of 2017: economics” 800-ceo-read “best Business Book of 2017: Current Events & Public Affairs” Economics is the mother tongue of public policy. That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. It dominates our decision-making for the future, inequality, and shapes our responses to climate change, guides multi-billion-dollar investments, and other environmental and social challenges that define our times.
Along the way, finance, she points out how we can break our addiction to growth; redesign money, and business to be in service to people; and create economies that are regenerative and distributive by design. PublicAffairs. Named after the now-iconic “doughnut” image that raworth first drew to depict a sweet spot of human prosperity an image that appealed to the Occupy Movement, and corporate strategy, government policy, eco-activists, and business leaders alike, the United Nations, Doughnut Economics offers a radically new compass for guiding global development, and sets new standards for what economic success looks like.
Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist #ad - . In doughnut economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike.
Raworth handpicks the best emergent ideas―from ecological, and eloquent, feminist, playful, whether or not they grow? Simple, behavioral, into economies that make us thrive, whether or not they make us thrive, and institutional economics to complexity thinking and Earth-systems science―to address this question: How can we turn economies that need to grow, Doughnut Economics offers game-changing analysis and inspiration for a new generation of economic thinkers.
People, Power, and Profits: Progressive Capitalism for an Age of DiscontentW. W. Norton & Company #ad - A nobel prize winner challenges us to throw off the free market fundamentalists and reclaim our economy. We all have the sense that the American economy―and its government―tilts toward big business, but as Joseph E. We need to exploit the benefits of markets while taming their excesses, making sure that markets work for us―the U.
S. 2 charts PublicAffairs. In fact, the economic solutions are often quite clear. Stiglitz explains in his new book, Power, People, and Profits, the situation is dire. Citizens―and not the other way around. This is how the financial industry has managed to write its own regulations, tech companies have accumulated reams of personal data with little oversight, and our government has negotiated trade deals that fail to represent the best interests of workers.
People, Power, and Profits: Progressive Capitalism for an Age of Discontent #ad - . He shows that the assault on the judiciary, universities, and the media undermines the very institutions that have long been the foundation of America’s economic might and its democracy. Helpless though we may feel today, we are far from powerless. If enough citizens rally behind the agenda for change outlined in this book, it may not be too late to create a progressive capitalism that will recreate a shared prosperity.
Stiglitz shows how a middle-class life can once again be attainable by all. An authoritative account of the predictable dangers of free market fundamentalism and the foundations of progressive capitalism, and Profits shows us an America in crisis, Power, People, but also lights a path through this challenging time.
The Curse of Bigness: Antitrust in the New Gilded AgeColumbia Global Reports #ad - He calls for recovering the lost tenets of the trustbusting age as part of a broader revival of American progressive ideas as we confront the fallout of persistent and extreme economic inequality. PublicAffairs. In short, as wu warns, we are in grave danger of repeating the signature errors of the twentieth century.
In the curse of bigness, columbia professor tim wu tells of how figures like Brandeis and Theodore Roosevelt first confronted the democratic threats posed by the great trusts of the Gilded Age--but the lessons of the Progressive Era were forgotten in the last 40 years. Persuasive and brilliantly written, the book is especially timely given the rise of trillion-dollar tech companies.
The Curse of Bigness: Antitrust in the New Gilded Age #ad - Publishers weeklyfrom the man who coined the term "net neutrality, " author of The Master Switch and The Attention Merchants, comes a warning about the dangers of excessive corporate and industrial concentration for our economic and political future. We live in an age of extreme corporate concentration, and big tech, in which global industries are controlled by just a few giant firms -- big banks, big pharma, just to name a few.
But concern over what louis brandeis called the "curse of bigness" can no longer remain the province of specialist lawyers and economists, for it has spilled over into policy and politics, even threatening democracy itself. History suggests that tolerance of inequality and failing to control excessive corporate power may prompt the rise of populism, nationalism, extremist politicians, and fascist regimes.
The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them PayW. W. Norton & Company #ad - Their conclusion? for the first time in more than a century, billionaires now pay lower tax rates than their secretaries. Blending history and cutting-edge economic analysis, and writing in lively and jargon-free prose, Saez and Zucman dissect the deliberate choices and sins of indecision that have brought us to today: the gradual exemption of capital owners; the surge of a new tax avoidance industry, and the spiral of tax competition among nations.
Eschewing anecdotes and case studies, emmanuel Saez and Gabriel Zucman offer a comprehensive view of America’s tax system, based on new statistics covering all taxes paid at all levels of government. Saez and zucman propose a visionary, and practical reinvention of taxes, democratic, outlining reforms that can allow tax justice to triumph in today’s globalized world and democracy to prevail over concentrated wealth.
A pioneering companion website allows anyone to evaluate proposals made by the authors, and to develop their own alternative tax reform at taxjusticenow. Org. With clarity and concision, they explain how America turned away from the most progressive tax system in history to embrace policies that only serve to compound the wealth of a few.
The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay #ad - But the triumph of injustice is much more than a laser-sharp analysis of one of the great political and intellectual failures of our time. America’s runaway inequality has an engine: our unjust tax system. Even as they became fabulously wealthy, the ultra-rich have had their taxes collapse to levels last seen in the 1920s.
Crashed: How a Decade of Financial Crises Changed the WorldViking #ad - Winner of the lionel gelber prizea new york times notable book of 2018one of the economist's books of the yeara new york times critics' top book"an intelligent explanation of the mechanisms that produced the crisis and the response to it. One of the great strengths of Tooze's book is to demonstrate the deeply intertwined nature of the European and American financial systems.
The new york times book reviewfrom a prizewinning economic historian, an eye-opening reinterpretation of the 2008 economic crisis and its ten-year aftermath as a global event that directly led to the shockwaves being felt around the world today. We live in a world where dramatic shifts in the domestic and global economy command the headlines, from rollbacks in US banking regulations to tariffs that may ignite international trade wars.
Crashed: How a Decade of Financial Crises Changed the World #ad - But current events have deep roots, and the key to navigating today’s roiling policies lies in the events that started it all—the 2008 economic crisis and its aftermath. Despite initial attempts to downplay the crisis as a local incident, a dramatic caesura of global significance that spiraled around the world, the Middle East, what happened on Wall Street beginning in 2008 was, from the financial markets of the UK and Europe to the factories and dockyards of Asia, in fact, and Latin America, forcing a rearrangement of global governance.
PublicAffairs. With a historian’s eye for detail, actions, adam Tooze brings the story right up to today’s negotiations, connection, and consequence, and threats—a much-needed perspective on a global catastrophe and its long-term consequences.