Capitalism 4.0 : the birth of new economy in the aftermath of crisis
In this controversial book, Anatole Kaletsky puts the upheavals of 2007-2009 in historical and ideological perspective. He shows how the forces that precipitated the financial meltdown are now creating a new and stronger version of the global capitalist system-- one that will continue to be led and shaped by the U.S. if its businesses and politicians play their cards well. This is Capitalism 4.0, and it will change politics, finance, international relations, and economic thinking in the coming decades.
"The global financial crisis of 2007 to 2009 ruined businesses and banks, individuals and even nations, and seemed to land a mortal blow to the capitalist system. But capitalism was not destroyed, rather it was irrevocably altered: the forces that precipitated the crisis are now contributing to the evolution of a new, stronger version of the capitalist model. 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 book, Anatole Kaletsky puts the upheavals of 2007-2009 in historical and ideological perspective. He shows how the forces that precipitated the financial meltdown are now creating a new and stronger version of the global capitalist system-- one that will continue to be led and shaped by the U.S. if its businesses and politicians play their cards well. This is Capitalism 4.0, and it will change politics, finance, international relations, and economic thinking in the coming decades."@en
""The traumatic events of 2007-2009 will neither destroy nor diminish the fundamental human urges that have always powered the capitalist system -- ambition, initiative, individualism, the competitive spirit. These natural human qualities will instead be redirected and reenergized to create a new version of capitalism that will ultimately be even more successful and productive than the system it replaced"--Publisher's note."@en
"Capitalism."
"Economics."
"In early 2009, many economists, financiers, and media pundits were confidently predicting the end of the American-led capitalism that has shaped history and economics for the past 100 years. Yet the U.S. economic model, far from being discredited, may be strengthened by the financial crisis."@en
"In Capitalism 4.0, Kaletsky argues that the economic recession of 2008-2009 forced a change in the philosophy of global capitalism, and will redirect the fundamentals of the capitalist system to create a new, successful, productive capitalism."
"In early 2009, many economists, financiers, and media pundits were confidently predicting the end of the American-led capitalism that has shaped history and economics for the past 100 years. Yet the U.S. economic model, far from being discredited, may be strengthened by the financial crisis. Argues that the economic recession of 2008-2009 forced a change in the philosophy of global capitalism, and will redirect the fundamentals of the capitalist system to create a new, successful, productive capitalism."
"Argues that the economic recession of 2008-2009 forced a change in the philosophy of global capitalism, and will redirect the fundamentals of the capitalist system to create a new, successful, productive capitalism."
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