Paradoxes of Prosperity: Why the New Capitalism Benefits All

by Diane Coyle

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In the New Capitalism, things aren't always what they seem. We know technology is changing capitalism. We hear about the riches of the information revolution. In theory, there is a greater opportunity for global prosperity now more than ever before. Yet for the first time in nearly 40 years activists have engaged in mass street protests against capitalism. The anti-globalization riots that started in Seattle, Washington, Melbourne, and Prague continue to gain momentum. Riots end in destruction and clouds of tear gas. There is a hunger for change: but is this really the way? In "Paradoxes of Prosperity", Diane Coyle, a Harvard-trained economist and award-winning columnist for The Independent examines the need for a worldwide change and also follows those who think that capitalism and globalization are the problem not the solution. Capitalism, in fact, is the only solution for increasing prosperity in both urban neighborhoods and developing countries. A "new capitalism" is dawning. And there will be a revolution, but it doesn't need tear gas.
  • ISBN10 1587990822
  • ISBN13 9781587990823
  • Publish Date 1 August 2001
  • Publish Status Out of Print
  • Out of Print 23 October 2014
  • Publish Country US
  • Publisher Cengage Learning, Inc
  • Imprint Texere Publishing
  • Format Hardcover
  • Pages 336
  • Language English