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portada Capitalism in the 21St Century: Why Global Capitalism is Broken and how it can be Fixed
Type
Physical Book
Publisher
Author
Year
2019
Language
English
Pages
362
Format
Paperback
ISBN13
9789813275294
Edition No.
1
Categories

Capitalism in the 21St Century: Why Global Capitalism is Broken and how it can be Fixed

Donghyun Park (Author) · Wspc · Paperback

Capitalism in the 21St Century: Why Global Capitalism is Broken and how it can be Fixed - Donghyun Park

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Synopsis "Capitalism in the 21St Century: Why Global Capitalism is Broken and how it can be Fixed "

Global 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.

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