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People, Power, and Profits

Progressive Capitalism for an Age of Discontent

Joseph E. Stiglitz

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Beschreibung

From Nobel Prize-winning economist and bestselling author Joseph Stiglitz, this account of the dangers of free market fundamentalism reveals what has gone so wrong, but also shows us a way out.

We all have the sense that our economy tilts toward big business, but as Joseph E. Stiglitz explains in People, Power and Profits, a few corporations have come to dominate entire sectors, contributing to skyrocketing inequality and slow growth. 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 government has negotiated trade deals that fail to represent the best interests of workers. Too many have made their wealth through exploitation of others rather than through wealth creation. If something isn't done, new technologies may make matters worse, increasing inequality and unemployment.

Stiglitz identifies the true sources of wealth and increases in standards of living, based on learning, advances in science and technology, and the rule of law. He shows that the assault on the judiciary, universities, and the media undermines the very institutions that have long been the foundation of economic prosperity and democracy.

Helpless though we may feel today, we are far from powerless. In fact, the economic solutions are often quite clear. We need to exploit the benefits of markets while taming their excesses, making sure that markets work for people and not the other way around. If enough rally behind this agenda for change, we can create a progressive capitalism that will recreate a shared prosperity. Stiglitz shows how a decent middle-class life can once again be attainable by all.

Joseph Stiglitz

Produktdetails

Format ePUB i
Kopierschutz Ja i
Seitenzahl 368 (Printausgabe)
Erscheinungsdatum 23.04.2019
Sprache Englisch
EAN 9780241399347
Verlag Penguin Books Ltd
Dateigröße 1126 KB
Verkaufsrang 11359

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El Caribe
von einer Kundin/einem Kunden aus Wil SG am 23.06.2020
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Einmal mehr hat Stiglitz ins Schwarze getroffen. Hier beschreibt er die /(un)Logik der Globalisation.


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