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Capitalism 4.0: The Birth of a New Economy Paperback – 20 Jun. 2011
| Anatole Kaletsky (Author) See search results for this author |
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Tracing the development of capitalism from the late eighteenth century through three distinct historical phases, Kaletsky shows how at each of these transitions the existing economic order appeared to be fatally threatened, only for capitalism to reinvent itself and emerge stronger than before. The turning point for our most recent age of capitalism came on 15 September 2008 when Lehman Brothers collapsed, setting off market chaos which, had it not been for government bailouts and guarantees, would have toppled every bank in the Western world, an incident which set off the fourth major systemic transformation in capitalism's history - Capitalism 4.0.
Understanding Capitalism 4.0 will be critical to the continued recovery of our global economies. In this controversial and wide-ranging book, Anatole Kaletsky, one of the world's foremost economic commentators, puts recent financial events into historical and ideological perspective. He describes the emerging features of this new capitalist model, explains how it differs from the previous versions - and how it will change politics, finance, international relations and economic thinking in the next decade.
- Print length448 pages
- LanguageEnglish
- PublisherBloomsbury Paperbacks
- Publication date20 Jun. 2011
- Dimensions12.9 x 2.5 x 19.8 cm
- ISBN-101408809737
- ISBN-13978-1408809730
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Review
'Anatole Kaletsky is one of the handful of heavyweight UK commentators who set the tone of public discourse on economic policy. His book goes well beyond typical comment to give an insightful analysis of the recent financial crash in a broad historical context' ― Vince Cable
'Idiosyncratic, entertaining and contrarian' ― Sunday Times
'A hugely ambitious and controversial account of the credit crunch which brilliantly traces the hotchpotch of economic theories that underpins it, and convincingly explains how it came to go so catastrophically wrong ... Kalestsky offers a genuinely new take on the credit crunch' ― Literary Review
Book Description
The definitive book about the state of Capitalism; now and in the future, that debunks myths and presents groundbreaking new theories
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Product details
- Publisher : Bloomsbury Paperbacks (20 Jun. 2011)
- Language : English
- Paperback : 448 pages
- ISBN-10 : 1408809737
- ISBN-13 : 978-1408809730
- Dimensions : 12.9 x 2.5 x 19.8 cm
- Best Sellers Rank: 859,404 in Books (See Top 100 in Books)
- 396 in Economic Systems
- 2,574 in Economic Conditions (Books)
- Customer reviews:
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Overall I would heartily recommend this book trying to make sense of the current financial mess. It is amazing how differently you see things that other people write about the economic crisis once you have read this book. There are so many conflicting opinions it can drive you crazy!
Finally the way it is written is witty, amusing and iconoclastic. Highly recommended!
The thrust of his view is that love,like,hate or detest it Capitalism is the only game in town - but it has to evolve again and enter its next phase.
I also like author's optimism
Nice overview of the recent economic history, current situation and future perspective



