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Capitalism has become the universal social and economic order
of our time. But this new capitalism differs from that of previous eras: it is
truly global, aided by extraordinary advances in technology and communication,
and by unfettered global financial markets. Capitalism has a speed, inevitability,
and force that it has not had before. In Global Capitalism, leading political
and economic analysts have gathered to dissect this dangerous new world. Globalization
brings new possibilities but also new risks, ranging from the degradation of the
environment to the concentrated control of the media by transnational corporations.
Global Capitalism charts the contours of contemporary capitalism, analyses
the role of the business firm in the context of increased innovation and competitiveness,
and considers whether the new capitalism is compatible with social cohesion and
social justice. The contributors discuss capitalism as a form of culture and way
of life, and ask whether capitalism has any viable political rivals. Will
Hutton is the author of the bestselling books The State We're In and The
State To Come. Anthony Giddens is the director
of the London School of Economics. He is the Author of The Third Way: The
Renewal of Social Democracy. |
