Book descriptionp>With the fall of the Berlin Wall, one economic model emerged triumphant. Capitalism—spanning a spectrum from laissez faire to authoritarian—shapes the market economies of all the wealthiest and fastest-growing nations.
But trouble is cracking its shiny veneer. In the U.S., Europe, and Japan, economic growth has slowed down. Wealth is concentrated in the hands of a few; natural resources are exploited for short-term profit; and good jobs are hard to find.
With piercing clarity, Philip Kotler explains 14 major problems undermining capitalism, including persistent poverty, job creation in the face of automation, high debt burdens, the disproportionate influence of the wealthy on public policy, steep environmental costs, boom-bust economic cycles, and more.
Amidst its dire assessment of what's ailing us, Confronting Capitalism delivers a heartening message: We can turn things around. Movements toward shared prosperity and a higher purpose are reinvigorating companies large and small, while proposals abound on government policies that offer protections without stagnation. Kotler identifies the best ideas, linking private and public initiatives into a force for positive change.
Combining economic history, expert insight, business lessons, and recent data, this landmark book elucidates today's critical dilemmas and suggests solutions for returning to a healthier, more sustainable Capitalism—that works for all.
Table of contents
- Introduction: Creating High-Performance Capitalism
- Chapter 1: The Persistence of Poverty
- Chapter 2: Income Inequality on the Rise
- Chapter 3: Workers Under Siege
- Chapter 4: Job Creation in the face of Growing Automation
- Chapter 5: Companies not Covering their “Social Costs”
- Chapter 6: Environment Exploitation
- Chapter 7: Business Cycles and Economic Instability
- Chapter 8: The Dangers of Narrow Self-Interest
- Chapter 9: The Debt Burden and Financial Regulation
- Chapter 10: How Politics Subverts Economics
- Chapter 11: Capitalism’s Short-Term Orientation
- Chapter 12: Questionable Marketing Outputs
- Chapter 13: Setting the right GDP Growth Rate
- Chapter 14: Creating Happiness as well as Goods
- About the Author
- Free Sample Chapter From Leading at the Edge by Dennis N. T. Perkins with Margaret P. Holtman and Jillian B. Murphy
- Title: Confronting Capitalism
- Release date: April 2015
- Publisher(s): AMACOM
- ISBN: 9780814436462
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