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People, Power, and Profits: Progressive Capitalism for an Age of Discontent by [Stiglitz, Joseph]
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People, Power, and Profits: Progressive Capitalism for an Age of Discontent Kindle Edition


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Book Description

The Nobel Prize-winning economist and best-selling author challenges us to throw off the free market fundamentalists and reclaim our economy.

Product Description

From Nobel Prize-winning economist and bestselling author Joseph Stiglitz, this account of the dangers of free market fundamentalism reveals what has gone so wrong, but also shows us a way out.

We all have the sense that our economy tilts toward big business, but as Joseph E. Stiglitz explains in People, Power and Profits, a few corporations have come to dominate entire sectors, contributing to skyrocketing inequality and slow growth. This is how the financial industry has managed to write its own regulations, tech companies have accumulated reams of personal data with little oversight, and government has negotiated trade deals that fail to represent the best interests of workers. Too many have made their wealth through exploitation of others rather than through wealth creation. If something isn't done, new technologies may make matters worse, increasing inequality and unemployment.

Stiglitz identifies the true sources of wealth and increases in standards of living, based on learning, advances in science and technology, and the rule of law. He shows that the assault on the judiciary, universities, and the media undermines the very institutions that have long been the foundation of economic prosperity and democracy.

Helpless though we may feel today, we are far from powerless. In fact, the economic solutions are often quite clear. We need to exploit the benefits of markets while taming their excesses, making sure that markets work for people and not the other way around. If enough rally behind this agenda for change, we can create a progressive capitalism that will recreate a shared prosperity. Stiglitz shows how a decent middle-class life can once again be attainable by all.


Product details

  • Format: Kindle Edition
  • File Size: 1568 KB
  • Print Length: 388 pages
  • Page Numbers Source ISBN: 0241399238
  • Publisher: Penguin (23 April 2019)
  • Sold by: Penguin UK
  • Language: English
  • ASIN: B07Q1WWW8G
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Enabled
  • Enhanced Typesetting: Not Enabled
  • Average Customer Review: Be the first to review this item
  • Amazon Bestsellers Rank: #136,620 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Amazon.com: 4.2 out of 5 stars 38 reviews
Claude Forthomme
5.0 out of 5 starsProgressive Capitalism, Why it's Key
19 May 2019 - Published on Amazon.com
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19 people found this helpful
Matt
5.0 out of 5 starsBrilliant. The economics book we need for the 21st century.
9 May 2019 - Published on Amazon.com
37 people found this helpful
Stephen K
5.0 out of 5 starsA Very Important Book for Our Times
20 June 2019 - Published on Amazon.com
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9 people found this helpful
Marita Troncone
5.0 out of 5 starsA way forward?
12 May 2019 - Published on Amazon.com
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12 people found this helpful
David Lindsay
5.0 out of 5 starsStiglitz argues we need to become more like Germany or Sweden
29 June 2019 - Published on Amazon.com
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5 people found this helpful