CAPITALISM IN THE 21ST CENTURY : Why Global Capitalism Is Broken and How It Can Be Fixed - DONGHYUN PARK

CAPITALISM IN THE 21ST CENTURY

Why Global Capitalism Is Broken and How It Can Be Fixed

By: DONGHYUN PARK

Paperback | 26 February 2019 | Edition Number 1

At a Glance

Paperback


Limited Stock Available

RRP $68.99

$65.75

or 4 interest-free payments of $16.44 with

 or 
In Stock and Aims to ship in 1-2 business days

'Dr Donghyun Park is a prominent and rare economist in Asia who can combine frontline economic theories, lively data, and real-time policy analyses. Capitalism in the 21st Century is a masterful book by Dr Park, providing a comprehensive understanding of heterogenous trajectories of economies around the globe and more fundamental mechanisms of the modern capitalistic system. This is a 'must-read' for those who are interested in comparative economic systems, global economy, and international development.'Yasuyuki SawadaChief Economist, Asian Development BankProfessor of Economics, University of Tokyo'Donghyun Park makes clear that capitalism gets a bad rap, in large part because of too much emphasis on capital as in financial engineering, and too much emphasis on capitals as in government protectionism. Park argues a compelling case that genuine capitalism, which is about entrepreneurship, is necessary to solve the big problems most people face around the globe.'Adam S PosenPresident, Peterson Institute of International EconomicsGlobal capitalism is currently suffering from an unmistakable malaise, epitomized by wide and growing inequality that is eroding popular support for capitalism. Such anti-capitalist sentiment, coupled with a growing anti-globalization mood, delivered Brexit in a UK referendum and swept Donald Trump to the US presidency. In Capitalism in the 21st Century, internationally well-regarded economist Dr Donghyun Park articulately explains why more capitalism is needed to tackle global problems such as climate change and inhumane poverty. While defending capitalism against its unfair demonization, the author makes a positive case for entrepreneurial capitalism, which creates wealth and jobs as well as drives human progress. According to the author, reforming the financial industry, which has become a self-serving leviathan, and more fundamentally, tweaking the economic role of the government, which stifles growth-promoting entrepreneurship, are critical to restoring the vitality of capitalism. The book is explicitly written in such a way that the general reader without any background in economics or finance can easily understand it.Related Link(s)

More in Economic Systems & Structures

The Road to Serfdom : Routledge Classics - F.A. Hayek

RRP $29.99

$26.50

12%
OFF
Humankind : A Hopeful History - Rutger Bregman

RRP $24.99

$23.75

Spare Parts Inventory Management : A Complete Guide to Sparesology - Phillip Slater
How the West Came to Rule : The Geopolitical Origins of Capitalism - Alexander Anievas
Capital : Volume I - Karl Marx

RRP $39.99

$35.35

12%
OFF
Discrimination and Disparities - Thomas Sowell

RRP $55.00

$40.95

26%
OFF
Corporate Rule - David Model

$46.50

The Cancer Stage of Capitalism : From Crisis to Cure - John McMurtry
Capitalism : The Story behind the Word - Michael Sonenscher

RRP $29.99

$29.25