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Andrew Glyn, "Capitalism Unleashed: Finance, Globalization, and Welfare"
Published by: marieGB (Karma: 0) on 22 November 2007 | Views: 2957
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Andrew Glyn, "Capitalism Unleashed: Finance, Globalization, and Welfare"
Free enterprise is off the leash and chasing new opportunities for
profit making across the globe. After a turbulent century of
unprecedented social and technological change, Capitalism has emerged
as the dominant ideology and model for economic growth in the richest,
most developed countries.But only thirty years ago economic growth was
faltering, inflation rising and the Left were arguing for greater state
intervention in industry.How did this remarkable transformation happen?
And what price have wepaid in the process? This accessible and
persuasive book challenges thenotion of our capitalist destiny. It
provides a clear and concise history ofthe problems facing the
economies of Europe, Japan and the US during thelatter half of the
twentieth century and questions whether capitalism hasreally brought
the levels of economic growth and prosperity that were hopedfor.
Andrew Glyn then looks at the impact the rapidly developing
economies of China and the South are likely to have on the older
economies of the North. As the race is on to maintain growth and
protect competitive advantage, Glyn asks: is the 'race-to-the bottom'
inevitable as the anti-globalisers predict, with welfare states being
dismantled to meet competitive demands? Or is there an alternative
model which sees a strong commitment to welfare provision as essential
to economic growth? Can we afford not to tackleinequality at home as well as abroad?
