Name: The Crisis of Democratic Capitalism
Price: 16.26 EUR
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Author: Martin Wolf
ISBN: 9780735224216

portada The Crisis of Democratic Capitalism

Type

Physical Book

Author

Martin Wolf

Publisher

Penguin Press

Language

English

Pages

496

Format

Hardcover

Dimensions

23.9 x 15.2 x 4.6 cm

Weight

0.93 kg.

ISBN13

9780735224216

Synopsis "The Crisis of Democratic Capitalism "

From the chief economics commentator of the Financial Times, a magnificent reckoning with how and why the marriage between democracy and capitalism is coming undone, and what can be done to reverse this terrifying dynamic Martin Wolf has long been one of the wisest voices on global economic issues. He has rarely been called an optimist, yet he has never been as worried as he is today. Liberal democracy is in recession, and authoritarianism is on the rise. The ties that ought to bind open markets to free and fair elections are threatened, even in democracy's heartlands, the United States and England. Around the world, powerful voices argue that capitalism is better without democracy; others argue that democracy is better without capitalism. This book is a forceful rejoinder to both views. Even as it offers a deep, lucid assessment of why this marriage has grown so strained, it makes clear why a divorce of capitalism from democracy would be a calamity for the world. They need each other even if they find it hard to life together. For all its flaws, argues Wolf, democratic capitalism remains far and away the best system for human flourishing. But something has gone seriously awry: the growth of prosperity has slowed, and the division of its fruits between the hypersuccessful few and the rest has become more unequal. The plutocrats have retreated to their bastions, where they pour scorn on government's ability to invest in the public goods needed to foster opportunity and sustainability. But the incoming flood of autocracy will rise to overwhelm them, too, in the end. Citizenship is not just a slogan or a romantic idea; it's the only idea that can save us, Wolf argues. Nothing has ever harmonized political and economic freedom better than a shared faith in the common good. This wise and rigorously fact-based exploration of the epic story of the dynamic between democracy and capitalism concludes with the lesson that our ideals and our interests not only should align, but must do so, for everyone's sake. Democracy itself is now at stake.

Martin Wolf

(Author)

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Martin Wolf is the Chief Economics Editor at the Financial Times and is considered one of the most influential economic journalists on the international scene

He has been a visiting professor at the universities of Oxford and Nottingham, a member of the World Economic Forum in Davos, and a member of the UK's Vickers Commission on banking

In 2000, he was knighted by the British Empire for his services to financial journalism, and in 2012, he received the Ischia International Journalism Award

His books have been translated into Spanish, including Liberal Globalization: For and Against (Anagrama, 2006), co-written with Susan George, and The Great Crisis: Changes and Consequences (Deusto, 2015)

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