From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it.
... small but wide-ranging ... The Future of Capitalism is rife with inventive proposals, including the creation of a new international body that would coordinate the diplomatic efforts of the world’s great powers; reforming corporate boards; establishing socioeconomically integrated schools built around distinctive 'belief systems' and much else ... Though I wouldn’t endorse Collier’s manifesto in every detail, his 'hard centrism' has much to offer.
[A] personal, passionate and original book ... One does not have to agree with everything in the book to realise its scope and power ... This book is admirable in many ways: the broadened ethical approach to economics; the range of economic, social and political issues it analyses; and the analysis of the economics of agglomeration in today’s world. Yet it also breeds despair, at least in me ... This is a beautifully written and important book. Read it.
Collier’s new book revisits this familiar territory, but stands out because it is pragmatic, blunt—and optimistic ... The technical discussion is enlivened by one-liners ... Mr Collier knows what he wants—but do voters want it, too?