000			02938nam a22002777a 4500
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020			_a9780674495289
037			_cPurchase _nPrism Books,Kadavanthra
041			_aEnglish
082			_a330.12 _bCOR
100			_aCorneo,Giacomo
245			_a IS CCAPITSLISM OBSOLETE ? : Journey through Alternative Economic Systems
250			_a1
260			_aEngland _bHarvard University _c2014/01/01
300			_g304
500			_aAfter communism collapsed in the former Soviet Union, capitalism seemed to many observers like the only game in town, and questioning it became taboo for academic economists. But the financial crisis, chronic unemployment, and the inexorable rise of inequality have resurrected the question of whether there is a feasible and desirable alternative to capitalism. Against this backdrop of growing disenchantment, Giacomo Corneo presents a refreshingly antidogmatic review of economic systems, taking as his launching point a fictional argument between a daughter indignant about economic injustice and her father, a professor of economics. Is Capitalism Obsolete? begins when the daughter’s angry complaints prompt her father to reply that capitalism cannot responsibly be abolished without an alternative in mind. He invites her on a tour of tried and proposed economic systems in which production and consumption obey noncapitalistic rules. These range from Plato’s Republic to diverse modern models, including anarchic communism, central planning, and a stakeholder society. Some of these alternatives have considerable strengths. But daunting problems arise when the basic institutions of capitalism—markets and private property—are suppressed. Ultimately, the father argues, all serious counterproposals to capitalism fail to pass the test of economic feasibility. Then the story takes an unexpected turn. Father and daughter jointly come up with a proposal to gradually transform the current economic system so as to share prosperity and foster democratic participation. An exceptional combination of creativity and rigor, Is Capitalism Obsolete? is a sorely needed work about one of the core questions of our times.
505			_aContents: Prologue: A father and daughter debate -- Philosophers and failures of the state -- Utopia and common ownership -- Cooperation, rationality, values -- Luxury and anarchism -- Planning -- Self-management -- Markets and socialism -- Shareholder socialism -- Universal basic income and basic capital -- Market economy plus welfare state -- Epilogue: A father and daughter come to terms -- Appendix A: A two-step proposal to enhance the role of public capital in market economies.
650			_aMacroeconomics
650			_aCapitalism
650			_aComparative economics
700			_aSteuer,Daniel (tr.)
942			_cLEN
942			_2ddc
942			_2ddc
942			_2ddc
999			_c170995 _d170995