The Future of Capitalism book cover

The Future of Capitalism by Paul Collier Summary

The Future of Capitalism
Paul Collier
3.81 (3692 Reviews)
Economics
Business
Politics
Panoramica
Punti Chiave
Autore
Domande Frequenti

Overview of The Future of Capitalism

In "The Future of Capitalism," Paul Collier diagnoses our broken economic system and offers bold solutions. Endorsed by Bill Gates for its pragmatic vision, this provocative analysis reveals how ethical reforms can heal the growing divides between thriving cities and struggling towns.

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Punti chiave

1

The Ethical Crisis of Modern Capitalism

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Imagine living in a world where your hometown's industrial heart has been ripped out, where your education determines not just your job but your entire life trajectory, and where the social contract that once bound communities together has frayed beyond recognition. This isn't dystopian fiction-it's the reality Paul Collier examines in "The Future of Capitalism." What makes his analysis uniquely compelling is his personal journey: raised in working-class Sheffield, he witnessed his hometown's collapse while his own academic career flourished. This lived experience of capitalism's broken promise gives him a rare perspective that bridges worlds typically separated by education, geography, and class. The crisis we face isn't just economic-it's moral. The post-war consensus that delivered unprecedented prosperity between 1945-1970 has unraveled, replaced by a system that generates wealth but fails to distribute it fairly or sustain the social bonds that make life meaningful. Half of Americans born in the 1980s are poorer than their parents. Metropolitan areas boom while provincial cities decline. The educated form a separate class with distinct values, while less-educated workers face economic insecurity and social breakdown.

2

The Social Foundations of Economic Life

3

The Rise and Fall of the Ethical State

4

From Shareholder Value to Shared Purpose

5

The Family Divide: Dynastic vs. Disintegrating

6

Rebuilding Broken Cities and Communities

7

Restoring the Ethical Core of Capitalism

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