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Radical Markets: Uprooting Capitalism and Democracy for a Just Society by [Posner, Eric A., Weyl, E. Glen]
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Radical Markets: Uprooting Capitalism and Democracy for a Just Society Kindle Edition


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Length: 356 pages Word Wise: Enabled Enhanced Typesetting: Enabled
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Review

""I have always been motivated to find ways to unite the power of technology and markets with the goal of creating a more egalitarian society. This book offers the most intriguing vision I have seen to date in uniting these apparently contradictory strands.""--Satya Nadella, Chief Executive Officer, Microsoft""Perhaps the most ambitious attempt to rethink democracy and markets since Milton Friedman. Twenty years from now this just might be the book people are talking about. The writing is excellent, with great examples and historical detail. I admire the ambition and willingness to experiment, a rare thing in economics these days. It just might help launch a new branch of political economy.""--Kenneth S. Rogoff, author of The Curse of Cash

Product Description

Revolutionary ideas on how to use markets to bring about fairness and prosperity for all

Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking—and pretty much all conventional thinking about markets, both for and against—on its head. The book reveals bold new ways to organize markets for the good of everyone. It shows how the emancipatory force of genuinely open, free, and competitive markets can reawaken the dormant nineteenth-century spirit of liberal reform and lead to greater equality, prosperity, and cooperation.

Eric Posner and Glen Weyl demonstrate why private property is inherently monopolistic, and how we would all be better off if private ownership were converted into a public auction for public benefit. They show how the principle of one person, one vote inhibits democracy, suggesting instead an ingenious way for voters to effectively influence the issues that matter most to them. They argue that every citizen of a host country should benefit from immigration—not just migrants and their capitalist employers. They propose leveraging antitrust laws to liberate markets from the grip of institutional investors and creating a data labor movement to force digital monopolies to compensate people for their electronic data.

Only by radically expanding the scope of markets can we reduce inequality, restore robust economic growth, and resolve political conflicts. But to do that, we must replace our most sacred institutions with truly free and open competition—Radical Markets shows how.


Product details

  • Format: Kindle Edition
  • File Size: 4939 KB
  • Print Length: 356 pages
  • Page Numbers Source ISBN: 0691177503
  • Publisher: Princeton University Press (15 May 2018)
  • Sold by: Amazon Australia Services, Inc.
  • Language: English
  • ASIN: B0773X7RKB
  • Text-to-Speech: Enabled
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  • Word Wise: Enabled
  • Enhanced Typesetting: Enabled
  • Average Customer Review: Be the first to review this item
  • Amazon Bestsellers Rank: #27,679 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Amazon.com: 3.8 out of 5 stars 35 reviews
Daniel T. Roberts
5.0 out of 5 starsLittle matters like new ideas: "Radical Markets" is chock full of them.
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5.0 out of 5 starsI highly recommend all economists and anyone interested in finding economic solutions ...
26 April 2018 - Published on Amazon.com
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Mark I. Jamison
2.0 out of 5 starsLife is not a market
11 July 2018 - Published on Amazon.com
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16 people found this helpful.