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The Truth About Markets : Why Some Nations are Rich But Most Remain Poor

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The Truth About Markets : Why Some Nations are Rich But Most Remain Poor

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ISBN: 9780140296723
Authors: John Kay
Publisher: Penguin UK
Date of Publication: 2004-06-01
Format: Paperback
Related Collections: Economics, Politics, Business, History
Related Topics: Finance, History, Finance, Politics
Goodreads rating: 3.88
(rated by 341 readers)

Description

Capitalism faltered at the end of the 1990s as corporations were rocked by fraud, the stock-market bubble burst and the American business model – unfettered self-interest, privatization and low tax – faced a storm of protest. But what are the alternatives to the mantras of market fundamentalism? Leading economist John Kay unravels the truth about markets, from Wall Street to Switzerland, from Russia to Mumbai, examining why some nations are rich and some poor, why ‘one-size-fits-all’ globalization hurts developing countries and why markets can work – but only in a humane social and cultural context. His answers offer a radical new blueprint for the future.
 

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.