With the fall of the Berlin Wall, one economic model emerged triumphant.
Capitalism--spanning a spectrum from laissez faire to
authoritarian--shapes the market economies of all the wealthiest and
fastest-growing nations.
But trouble is cracking its shiny veneer. In the U.S., Europe, and
Japan, economic growth has slowed down. Wealth is concentrated in the
hands of a few; natural resources are exploited for short-term profit;
and good jobs are hard to find.
With piercing clarity, Philip Kotler explains 14 major problems
undermining capitalism, including persistent poverty, job creation in
the face of automation, high debt burdens, the disproportionate
influence of the wealthy on public policy, steep environmental costs,
boom-bust economic cycles, and more.
Amidst its dire assessment of what's ailing us, Confronting Capitalism
delivers a heartening message: We can turn things around. Movements
toward shared prosperity and a higher purpose are reinvigorating
companies large and small, while proposals abound on government policies
that offer protections without stagnation. Kotler identifies the best
ideas, linking private and public initiatives into a force for positive
change.
Combining economic history, expert insight, business lessons, and recent
data, this landmark book elucidates today's critical dilemmas and
suggests solutions for returning to a healthier, more sustainable
Capitalism--that works for all.