The Future of Capitalism: A Victory or Failure of an Economic System?

Author: Guro Jannar
Publisher:
Publish Date: 2004-02-01
Features: Does capitalism have a future? Or will it inevitably harm efficiency, as Joseph Schumpeter predicted? Guro Jannar's insightful arguments demonstrate that unregulated competition and extreme market orientation will deepen global polarization and exacerbate crises and terrorism. Analyzing the various flaws of the capitalist market economy from a unique perspective, it points out that the market economy demands principles of fairness and justice. Unrestrained competition and extreme market orientation will deepen polarization, intensify crises, and promote the emergence of terrorism. Target Audience: Researchers, enthusiasts, and students in economics, sociology, philosophy, and political science; faculty and students from relevant disciplines in colleges and universities; theoretical workers; and cadres from Party and government agencies.