- Home
- Research
Availing of the Net-metering Facility: Impact of BOI’s reforms
Abdul HaseebInvest in Future: Prioritizing Youth Family Planning
Saima BashirThe Determinants of Total Factor Productivity Growth in Pakistan: An Exploration
Omer SiddiqueArts and Culture Centers as Catalysts for Urban Vibrancy
Abbas Moosvi15-Minutes City
Ajmal KakarThe Role of Arthi in Agriculture Marketing: an exploiter or facilitator of farmers?
Abedullah - P & R Magazine
- The PDR
- Initiatives
- Key Messages
- RASTA
- Academics
- Convocation 2022
PDR
THE PAKISTAN DEVELOPMENT REVIEW
Paul Collier. The Future of Capitalism: Facing the New Anxieties.London, UK: Allen Lane. 2018. 256 pages. Price UK £ 20.00(Hardback).
The Future of Capitalism by Paul Collier is an insightful book. In this book the author has highlighted the things that are wrong with capitalism. He has also highlighted not only the problems created by capitalism but also the problems being faced by capitalism today. The author has made a cogent case to show that deep economic rifts in the UK and the USA are “tearing apart the fabric of our societies” (p. 3). Collier has, in a nutshell, shown in the book how to save the capitalism from itself. The book is different from the books written with either the conservative or with the liberal perspective in that rather than relying on mere rhetoric, Collier has tried to present pragmatic solutions to the socioeconomic problems that are so rampant today. He has argued that in these times when there are deep political divisions, no new economic theory can work the magic. Instead he has made a case for policies that are not only pragmatic but are communitarian in nature. What is unique about the book is that ethics and moral philosophy are at the centre stage of Collier’s narrative. George Akerloff, a Nobel laureate in Economics, has termed the book as the most revolutionary work since Keynes.
Meta Data
Recent Articles
Subscribe Now
Useful Links
Quick Links
© 2022 Pakistan Institute of Development Economics