Paradoxes of prosperity
Subtitle: why the new capitalism benefits all
By: Diane Coyle.
Publisher: Texere
Published: 2001
Place of publication: New York
Language: eng
Number of pages: 316
Subjects: Capitalism; Globalization; Technological innovations -- Social aspects
Description: "In the New Capitalism, things aren't always what they seem. We know technology is changing capitalism. We hear about the riches of the information revolution. In theory, there is a greater opportunity for global prosperity now more than ever before." "Yet for the first time in nearly forty years activists have engaged in mass street protests against capitalism. The anti-globalization riots that started in Seattle, Washington, Melbourne, and Prague continue to gain momentum. Riots end in destruction and clouds of tear gas. There is a hunger for change: But is this really the way?" "In Paradoxes of Prosperity, Diane Coyle, a Harvard-trained economist and award-winning columnist for The Independent, examines the need for worldwide change and also the folly of those who think that capitalism and globalization are the problem not the solution. Capitalism, in fact, is the only solution for increasing prosperity in both urban neighborhoods and in developing countries. Everything is on the brink of change: A 'new capitalism' is dawning. And there will be a revolution, but it doesn't need tear gas."--Jacket.
Notes: Includes bibliographical references (p. 289-287) and index.