Paul Collier is the Professor of Economics and Public Policy at the Blavatnik School of Government. He is the author of The Bottom Billion, which won the Lionel Gelber Prize and the Arthur Ross Prize awarded by the Council on Foreign Relations, The Plundered Planet, Exodus and Refuge (with Alexander Betts). Collier has served as Director of the Research Department of the World Bank, and consults with the German and many other governments around the world.
In this bold work of intellectual trespass, Paul Collier, a
distinguished economist, ventures onto the terrain of ethics to
explain what's gone wrong with capitalism and how to fix it. To
heal the divide between metropolitan elites and the left-behind, he
argues, we need to rediscover an ethic of belonging, patriotism,
and reciprocity.--Michael J. Sandel, author of What Money Can't
Buy and Justice
"Responding to recent electorate revolts in developed countries
against paternalistic democratic policies, Collier explores the
reasons for these events and suggests pragmatic remedies employing
education, taxation, social services, and political reform.
Collier's wide-ranging work presents challenging concepts from a
British viewpoint, providing a meaningful perspective that will
reward thoughtful readers. A noteworthy addition to works such as
Douglas McWilliams's The Inequality Paradox and Thomas
Piketty's Capital in the Twenty-First
Century."--Library Journal
"National loyalty, far from being inimical to a more just and
decent world in which all, including the world's poorest, can
flourish, is seen by Collier as a firmer foundation for global
cooperation than abstract cosmopolitanism, which all too often
serves as a mask for unenlightened self-interest. How does Collier
intend to repair the bonds of affection in the rich democracies?
The Future of Capitalism is rife with inventive proposals....his
'hard centrism' has much to offer."--New York Times Book
Review
" In this masterful blend of personal experience and the best
thinking of diverse social scientists, economist Collier analyzes
the current breakup of the 'cornerstones of belonging'--family,
workplace, and nation--and the ensuing frustrations that have
opened the way for populists and ideologues. He urges pragmatic
policies to manage capitalism (which is 'not working' for many),
rebuild the 'beleaguered center' of the political spectrum and
restore the "ethics of community" to contemporary
life."--Kirkus Reviews (starred review)
"These times are in desperate need of Paul Collier's insights.
The Future of Capitalism restores common sense to our
views of morality, as it also describes their critical role in what
makes families, organizations, and nations work. It is the most
revolutionary work of social science since Keynes. Let's hope it
will also be the most influential."--George Akerlof
"An ambitious attempt to restate the aims of capitalism and social
democracy."--Bloomberg News
"An engaging and well-reasoned argument....There is nothing
socialist about Collier's critique or his prescriptions -- like
Adam Smith, the oft-misunderstood father of modern economics, he's
about restoring a moral sensibility to a market system that is
falling short of its potential."--Washington Post
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