Beschreibung
Marx and Engels were right when they stated in the Communist Manifesto that free markets created greater prosperity and more technological innovations in a short time than all previous generations combined. A century and a half later, all evidence shows that capitalism has freed millions of people from hunger and poverty.
Today's narratives about global capitalism – shared by both right-wing and left-wing populists, as well as a large part of the political and economic establishment – do not deny that it generated prosperity, but they argue that wealth has become concentrated in too narrow a circle. The view of the global economy has expanded as a geopolitical zero-sum game, where control over new innovations must be fought for, trade barriers must be imposed, and value chains must be re-nationalized. Capitalism is also accused of deepening inequality, populist revolts, climate change, and the global rise of China.
Johan Norberg, in this penetrating and passionate analysis, defends capitalism and the key role that the free market plays in today's uncertain world. He argues that a departure from global capitalism would not only halt economic growth but would also further deepen social exclusion…
Today's narratives about global capitalism – shared by both right-wing and left-wing populists, as well as a large part of the political and economic establishment – do not deny that it generated prosperity, but they argue that wealth has become concentrated in too narrow a circle. The view of the global economy has expanded as a geopolitical zero-sum game, where control over new innovations must be fought for, trade barriers must be imposed, and value chains must be re-nationalized. Capitalism is also accused of deepening inequality, populist revolts, climate change, and the global rise of China.
Johan Norberg, in this penetrating and passionate analysis, defends capitalism and the key role that the free market plays in today's uncertain world. He argues that a departure from global capitalism would not only halt economic growth but would also further deepen social exclusion…
Information
Author: Norberg Johan
Publication date: 24. September 2025
Manufacturer: Bourdon, a.s.
Genres: Specialized and technical literature, Books
Type: Books - paperback
Pages: 283
ISBN/EAN: 9788076113206

