The Future of Capitalism: Facing the New Anxieties
Written by Paul Collier
Narrated by Peter Noble
4.5/5
()
About this audiobook
From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it.
Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now.
In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession.
Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.
Editor's Note
Bill Gates’ Summer Pick…
The Microsoft founder recommends this for your summer reading list, describing it on his blog as “a thought-provoking look at a topic that’s top of mind for a lot of people right now. Although I don’t agree with [Paul Collier] about everything — I think his analysis of the problem is better than his proposed solutions — his background as a development economist gives him a smart perspective on where capitalism is headed.”
Paul Collier
Paul Collier is the Professor of Economics and Public Policy at the Blavatnik School of Government. He is the author of The Bottom Billion, which won the Lionel Gelber Prize and the Arthur Ross Prize awarded by the Council on Foreign Relations, The Plundered Planet, Exodus and Refuge (with Alexander Betts). Collier has served as Director of the Research Department of the World Bank, and consults with the German and many other governments around the world.
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Reviews for The Future of Capitalism
83 ratings6 reviews
What our readers think
Readers find this title to be thoroughly enjoyable and insightful. The author's vast knowledge and experience in economics and politics shine through, providing inspiring guidance for achieving shared well-being and happiness. While some readers may have preferred a different narration style, the book offers great insights overall. Thank you, Dr. Collier, for enlightening readers on better values and ways to live."
- Rating: 5 out of 5 stars5/5excelente, como había esperar de su autor. Excellent as expected, coming from Collier
1 person found this helpful
- Rating: 5 out of 5 stars5/5A perspective one should take in consideration. Great writer who has vast knowledge and experience in economics and political spectrum.
- Rating: 5 out of 5 stars5/5One of the most inspiring books I have ever read/heard as to the ways that individuals, friends, families, communities, societies, nations and the world in general should follow to achieve shared well being and happiness, written by a profoundly knowledgeable person in the areas of Economics, Politics, Psychology. Sociology, Public Policy, and most of all, in the Art of Living. Thank you so much Dr. Collier for enlightening me on the better values and ways all of us humans should follow.
- Rating: 5 out of 5 stars5/5I thoroughly enjoyed this book. The analysis was very insightful yet extremely digestible for someone who’s not too savvy on politics and economy.
- Rating: 5 out of 5 stars5/5I would have prefered the naration a bit differently, but overall the book have some great insights.
- Rating: 4 out of 5 stars4/5With less than two weeks remaining before a general election that offers nothing but an intolerable choice between populists and ideologues, Paul Collier’s The Future of Capitalism (2018) offers some clear-headed diagnosis and ideas about how to reshape a derailed capitalism.Jeff Taylor wrote, “The political spectrum may be linear, but it is not a straight line. It is shaped like a horseshoe.” Drift far enough left or right of centre and ideologies both gravitate to authoritarianism. Social democracy appears to be in existential crisis. Collier’s analysis of why we’ve lost our sense of obligation to others is lucid and crucially important.The force of Collier’s book is in his synthesis of “moral philosophy, political economy, finance, economic geography, social psychology and social policy.” At a time when despair often seems the only possibility, his book offers some relief that there is a progressive and pragmatic path to healing the divisions in our social and economic fabric. The question is how long it will take for our political spectrum to swing back from extremes.