Capitalism faltered at the end of the 1990s as corporations were rocked by fraud, the stock-market bubble burst and the American business model – unfettered self-interest, privatization and low tax – faced a storm of protest. But what are the alternatives to the mantras of market fundamentalism?
Leading economist John Kay unravels the truth about markets, from Wall Street to Switzerland, from Russia to Mumbai, examining why some nations are rich and some poor, why ‘one-size-fits-all’ globalization hurts developing countries and why markets can work – but only in a humane social and cultural context. His answers offer a radical new blueprint for the future.
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Descripción paperback. Condición: New. Language: ENG. Nº de ref. del artículo: 9780140296723
Descripción Paperback. Condición: new. Paperback. In the 1980s America won the cold war. In 1989 the Berlin Wall fell. The decade that followed proved to be one of the most extraordinary periods in economic history. The American business model - the unrestrained pursuit of self-interest, market fundamentalism, the minimal state and low taxation - offered its followers the same certainties that Marxism had given its own adherents over the previous century. There was a New Economy. But it was all to end in a frenzy of speculation, followed by recrimination and self-doubt. Corporations that had never earned a cent of profit, and never would, were sold to investors for billions of dollars. Corporate executives would fill their pockets and invent revenues and profits to support their accounts of their own genius. And every international economic meeting would be besieged by demonstrators. In this ambitious and wide-ranging book, John Kay unravels the truth about markets. Unravels the truth about markets, from Wall Street to Switzerland, from Russia to Mumbai, examining why some nations are rich and some poor, why 'one-size-fits-all' globalization hurts developing countries and why markets can work - but only in a humane social and cultural context. This title offers a radical blueprint for the future. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Nº de ref. del artículo: 9780140296723
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Descripción Condición: New. 2004. New Ed. Paperback. Unravels the truth about markets, from Wall Street to Switzerland, from Russia to Mumbai, examining why some nations are rich and some poor, why 'one-size-fits-all' globalization hurts developing countries and why markets can work - but only in a humane social and cultural context. This title offers a radical blueprint for the future. Num Pages: 496 pages. BIC Classification: KCS. Category: (G) General (US: Trade). Dimension: 198 x 129 x 22. Weight in Grams: 342. . . . . . Nº de ref. del artículo: V9780140296723
Descripción Paperback / softback. Condición: New. New copy - Usually dispatched within 4 working days. Unravels the truth about markets, from Wall Street to Switzerland, from Russia to Mumbai, examining why some nations are rich and some poor, why 'one-size-fits-all' globalization hurts developing countries and why markets can work - but only in a humane social and cultural context. This title offers a radical blueprint for the future. Nº de ref. del artículo: B9780140296723