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The Future of Capitalism: Facing the New Anxieties
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The Future of Capitalism: Facing the New Anxieties

3.92  ·  Rating details ·  131 ratings  ·  14 reviews
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.
Hardcover, 256 pages
Published December 4th 2018 by Harper
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Dan Graser
Dec 18, 2018 rated it really liked it
What Oxford professor Paul Collier has written here is not only a very involved work of economics but also a deeply felt expression of ethics surrounding the current socio-political climate and how that has tainted and marginalized rational discussion of purely economic issues. He frames the idea of confronting the new anxieties surrounding capitalism and within the world's most successful capitalist countries as:

Restoring Ethics - operating at the State, Firm, Family, and World
Restoring the Inc
Jan 10, 2019 rated it it was amazing
Collier is an Economics Professor at Oxford. He pointed out that the current problems of capitalism stem from assuming the existence of the unreal Economic Man and promotes Utilitarianism. As a result, profits are maximised, manufacturing and back end jobs are moved overseas, machines are substituted for human labour, the cities get richer, leaving behind the provinces. The educated pulls ahead from the uneducated. The elite starts to base their self esteem on their skills and not their national ...more
Jan 15, 2019 rated it liked it
Collier makes some excellent books in here, but the idea needed some time to mature and become clear. The book offers a hodgepodge of problems and a few hodgepodge solutions. Problems go from feminism and the decline of marriage to offshore tax havens. Basically, lack of morality infuses the market and the family and it must be recovered. How? Through communities. I enjoyed a few sections here and there, but that story just doesn't work as an indictment or even a description of capitalism. He do ...more
Nov 26, 2018 rated it it was ok  ·  review of another edition
Shelves: economics, audiobook
hızlı okunan, kolay anlaşılır, ekonomi dışında her konuya değinen, içeriğin büyük bir kısmı Noah Harari'den derlenmiş hissi veren, sonuç itibariyle kapitalizmden başka bir gelecek görmeyen, solcularla nazileri eleştiren, ama kapitalizmin de böyle gitmeyeceğini söyleyen, çözüm olarak "etik kapitalizm" diyen bir kitap. yazar kitabı politikacılar için yazmamış, vatandaşlara yazmış. kitap içindeki tezlerin daha tam oturmadığını geliştirilmesi gerektiğini söylüyor. ama bence gayet havada kalan iyi ni ...more
Jan 06, 2019 rated it it was ok
I found this to be a pretty terrible book. It has the kernel of some good -- or at least interesting -- ideas but it does such a poor job of putting forward arguments in favor of its suggestions that I end up feeling like I wasted my time reading this. It doesn't help that few of his suggestions seem practical and the few times he addresses practicality he throws up his hands.

It also veers off into tangents that seem totally unrelated to "The Future of Capitalism". When you discover that the gen
Jan 11, 2019 rated it really liked it  ·  review of another edition
This is the age for a book like this. The economy no longer seems to be working. Society no longer seems to be working. Politics no longer seems to be working. This book looks at why this might be so. The first chapter provides an analysis of where it all seems to have gone wrong and I have to admit that I found it quite convincing.

According to the author, we are living in a world that has been created, and distorted, by the Rawlsians and the Utilitarians. The result is a monstrosity. A Rawlsian
Jan 18, 2019 rated it liked it
This is an interesting and thoughtful book. Paul's comments about belonging resonate with me. But I remain uncertain about the duty of rescue, especially in the context of his other comments. He essentially attacks victimhood, the notion that victims somehow deserve certain treatment and rights, yet he ascribes duties for us to rescue people under certain circumstances too. Rescue seems to be related to saving people's lives, while victimhood involves more "optional" assistance, I suppose. Given ...more
Max Stone
Jan 21, 2019 rated it it was ok
My impression is that Paul Collier is trying to do with the left-right debate what he did with the Sachs-Easterly debates on aid for developing nations: be the respected voice in the middle that can be relied upon to evaluate the evidence rather than interpreting everything through the lens of a strong ideology. I thought he did a good job (not a great job, but a pretty good job) of doing that for aid to developing nations in The Bottom Billion.

In this book he really struggles. In the beginning
Cary Giese
Jan 17, 2019 rated it liked it
“We are social beings, neither economic man, nor altruistic saints.

“Ethical capitalism, built on our shared values, and pragmatic reasoning is the thesis of the book!”

“Shared Identity becomes the foundation for far-sighted reciprocity.”

“We must restore the vastly more demanding reciprocal obligations to each other that once rose from shared identities.”

That is the book!

His “how” requires shared obligations to each other without losing the dynamism of capitalism!

Good idea! Quite a goal. But
Jan 05, 2019 rated it liked it
There are some very good points in the book, such as being pragmatic, the roles of family, ethnic and efficient taxation, and excessive trading in the financial markets, and I like the last one especially. However, my overall impression is not that good, mainly because it seems that the author did not step back enough to see the bigger picture. The golden age of capitalism was also called “capitalism without capitalists” for good reasons. In the first several decades in the 20th century, the sys ...more
Maria Paula
Jan 05, 2019 rated it liked it
It was an entertaining book to listen to (I have the audiobook version), but at times I felt like it was very dragged out and wished I could speed it up. I think it could have been shorter. I would still recommend it to someone interested in the topic for a one time read. Not the type I would re-read multiple times.
Thales Monteiro
Jan 07, 2019 rated it liked it
A good perspective about some bad situations directly or indirectly associated with capitalism. Some chapters go too deep in subjects and sometimes it gets a little hard to follow but overall a good book with nice dissection of problems and good proposition of solutions.
Geoffrey Kabaservice
One of the best books I read all year. Enormously relevant and so full of provocative ideas that I will be thinking them over for years to come.
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Goodreads Librari...: Combine Editions 2 15 Oct 07, 2018 09:30PM  
Paul Collier, CBE is a Professor of Economics, Director for the Centre for the Study of African Economies at the University of Oxford and Fellow of St Antony's College. He is the author of The Plundered Planet; Wars, Guns, and Votes; and The Bottom Billion, winner of Estoril Distinguished Book Prize, the Arthur Ross Book Award, and the Lionel Gelber Prize.