{"product_id":"is-capitalism-obsolete-a-journey-through-alternative-economic-systems-9780674495289","title":"Is Capitalism Obsolete?: A Journey Through Alternative Economic Systems","description":"\u003cp\u003eAfter communism collapsed in the former Soviet Union, capitalism seemed to many observers like the only game in town, and questioning it became taboo for academic economists. But the financial crisis, chronic unemployment, and the inexorable rise of inequality have resurrected the question of whether there is a feasible and desirable alternative to capitalism. Against this backdrop of growing disenchantment, Giacomo Corneo presents a refreshingly antidogmatic review of economic systems, taking as his launching point a fictional argument between a daughter indignant about economic injustice and her father, a professor of economics. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003ci\u003eIs Capitalism Obsolete? \u003c\/i\u003ebegins when the daughter's angry complaints prompt her father to reply that capitalism cannot responsibly be abolished without an alternative in mind. He invites her on a tour of tried and proposed economic systems in which production and consumption obey noncapitalistic rules. These range from Plato's Republic to diverse modern models, including anarchic communism, central planning, and a stakeholder society. Some of these alternatives have considerable strengths. But daunting problems arise when the basic institutions of capitalism--markets and private property--are suppressed. Ultimately, the father argues, all serious counterproposals to capitalism fail to pass the test of economic feasibility. Then the story takes an unexpected turn. Father and daughter jointly come up with a proposal to gradually transform the current economic system so as to share prosperity and foster democratic participation. \u003cp\u003e\u003c\/p\u003eAn exceptional combination of creativity and rigor, \u003ci\u003eIs Capitalism Obsolete?\u003c\/i\u003e is a sorely needed work about one of the core questions of our times.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Giacomo Corneo\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Harvard University Press\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 10\/17\/2017\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 312\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.30lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.30h x 6.40w x 1.00d\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9780674495289\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 04\/01\/2018\u003cbr\u003e\u003cp\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cb\u003e\u003ci\u003eCorneo, Giacomo:\u003c\/i\u003e\u003c\/b\u003e - Giacomo Corneo is Professor of Social Policy and Public Finance at the Free University of Berlin.\u003c\/p\u003e","brand":"Harvard University Press","offers":[{"title":"Hardcover","offer_id":40085630877811,"sku":"9.78E+12","price":36.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0555\/9255\/0515\/products\/img_dca7a72c-43e7-4a6a-b3c8-3df5106cde21.jpg?v=1652450722","url":"https:\/\/bookstorenmore.com\/en-de\/products\/is-capitalism-obsolete-a-journey-through-alternative-economic-systems-9780674495289","provider":"Bookstore N More","version":"1.0","type":"link"}