Wolf, Martin

The Crisis of Democratic Capitalism

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ISBN 13:: 9780141985831
author:: Wolf, Martin
format:: Paperback
publisher:: Penguin Books Ltd
language:: English
Publication Year:: 2024
Pages:: 496
Dimensions:: 12.9 x 19.8 x 3.5 centimetres (0
Genre:: Business, Economic History, Nonfiction,
Condition:: New
Availability:: Item usually sent within 7 working days

£13.20

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Description

Description

The Crisis of Democratic Capitalism by Martin Wolf A forceful and lucid assessment of the strained marriage between democracy and capitalism, this book offers a deep analysis of why this union has grown so strained. Wolf argues that a divorce between capitalism and democracy would be an almost unthinkable calamity for the entire world, as democratic capitalism remains the best system for human flourishing the world has seen. The growth of prosperity has slowed, and the division of the fruits between the hyper-successful few and the rest has become more unequal. The oligarchs have retreated to their bastions, where they take a dim view of government and its ability to invest in the public goods needed to foster opportunity and sustainability. Wolf contends that something has gone seriously awry, and that the consequences will eventually overwhelm even the most entrenched interests. This book is a necessary rejoinder to the voices that argue that capitalism is better without democracy, and that democracy is better without capitalism. It is a call to action, urging readers to consider the long-term consequences of the current trajectory and to think critically about the future of democratic capitalism.

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