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The Future of Capitalism
- Narrated by: Peter Noble
- Length: 9 hrs and 26 mins
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The Future of Capitalism
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Summary
Brought to you by Penguin.
Deep new rifts are tearing apart the fabric of Britain and other Western societies: thriving cities versus the provinces, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit and the return of the far right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now.
In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts - economic, social and cultural - with the cool head of pragmatism, rather than the fervour of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession.
Drawing on his own solutions as well as ideas from some of the world's most distinguished social scientists, he shows us how to save capitalism from itself - and free ourselves from the intellectual baggage of the 20th century.
'In this bold work of intellectual trespass, Paul Collier, a distinguished economist, ventures onto the terrain of ethics to explain what's gone wrong with capitalism, and how to fix it. To heal the divide between metropolitan elites and the left-behind, he argues, we need to rediscover an ethic of belonging, patriotism, and reciprocity. Offering inventive solutions to our current impasse, Collier shows how economics at its best is inseparable from moral and political philosophy' Michael Sandel, author of What Money Can't Buy and Justice
'The Future of Capitalism is the most revolutionary work of social science since Keynes. Let's hope it will also be the most influential. These times are in desperate need of Paul Collier's insights.' George Akerlof, Nobel Laureate in Economics, 2001
'For thirty years, the centre left of politics has been searching for a narrative that makes sense of the market economy. This book provides it' John Kay, Fellow of St John's College, Oxford and the author of Obliquity and Other People's Money
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- Anonymous User
- 02-01-21
Thought-provoking, but some glaring omissions!
Some great ideas, but no discussion of climate or colonialism, which made it feel incomplete.
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- Amazon Customer
- 03-06-19
incredibly insightful
A refreshing view on why things are the way they are, and a great proposal for a better future.
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1 person found this helpful
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- Splisher
- 11-05-20
You will want to listen to this one again & again
This is such an interesting read on so many levels and perfect for understanding why certain things are happening across the developed world. The history, the stories and the concepts are something you want to revisit multiple times. Ended up ordering the paperback version as well.
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- Conrad B
- 12-09-19
very very interesting
A detailed and pragmatic assessment of both the causes and potential solutions to some of societies most pressing problems
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Overall5 out of 5 stars
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- harry
- 24-07-20
A must read coupled with the best narration
Paul Collier successfully diagnoses the illness that has so taken hold of the western world. An absolute must read for those on both ends of the political spectrum, offering pragmatic and easily understood solutions. Narration is simply top class from Peter Noble.
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- Dr P
- 18-05-19
Opened my eyes
Really interesting analysis of where capitalism had let us down with suggestions to improve it.
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2 people found this helpful
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- Amazon Customer
- 09-04-19
We can do better, we once did so and we can do it again
So ends Paul Collier’s masterpiece.
It is a work filled with rational pragmatism. Answering the questions posed by the rhetoric and snake oil of the populists with hard headed common sense yet eschewing the disproven promise of Marxism as a failed experiment. Collier also suggests solutions. Not least the need for ethically informed firms, not as inefficient experiments but as economic value transfers for the good of more. Impressive. Inspiring.
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1 person found this helpful
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- Kristiyan
- 22-07-19
Insightful
The most insightful book I listened to in the past year, definitely recommend to anyone interested in politics, economics or business!
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Overall4 out of 5 stars
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- Charlie
- 21-12-18
Analysis and remedies of the economic problems
Paul Collier lays out what has gone wrong with capitalism and suggests centrist policies to fix them. He doesn’t define the issues in narrow economic terms, but presents them as social and political issues as well. The narration is mostly good, but with one big problem. The narrator always mispronounces Jonathan Haidt’s name, saying it as ‘Hyde’ or ‘Hide’. That really bugged me. Haidt’s books are available on audible if you want to know the proper pronunciation (and they are brilliant).
The author goes out of his way to emphasis that his proposals are not Marxism. While I agree with what he says about Marxism, he goes overboard on establishing how not Marxist he is.
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- PAULO CERQUEIRA
- 16-04-24
This is a musta read book
This book is truly remarkable. It's filled with insightful ideas, logical proposals, and scientific evidence that can help us build a better future.
I'm amazed by Paul's passion for creating a brighter tomorrow.
The narrator's voice is not only beautiful but also apocalyptical which carries a sense of urgency that motivates us to take action.
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