Can I read Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity on EtoBox?

Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity by William J. Baumol, Robert E. Litan, Prof. Carl J. Schramm is a nonfiction available to read on EtoBox.

What is Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity about?

The fall of the USSR was a big win for capitalism over socialism. However, it turns out that capitalism is not a homogenous economic system. Any claim that capitalism is monolithic "reflects something of the mentality common during the cold war when the two superpowers ... were struggling for the hearts and minds of peoples of the world" (p. vii). In this book Bill Baumol, Robert Litan, and Carl Schramm identify at least four capitalisms: entrepreneurial capitalism, state-guided capitalism, oligarchic capitalism, and big-firm capitalism. Broadly characterized, capitalism can be good or bad. And for now it would seem that a good capitalism is a mix of entrepreneurial capitalism and big-firm capitalism. This emphasis is waxy, though, to the extent it implies that good capitalism is "my capitalism." I like the book for practical and intellectual reasons. Practically it declares capitalist victory over socialism without suggesting that capitalism's victory means the end of human struggles. Intellectually, it made me aware of the fact that although Karl Marx's literal vision of the world fell apart, his point that human (social) development evolves in stages, and that capitalism cannot

Who reads Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity?

Author

William J. Baumol, Robert E. Litan, Prof. Carl J. Schramm

Publisher

Yale University Press

Published

2007

Language

EN

ISBN

9781281734655

Category

nonfiction

Subjects

Business, Economics, Political Science

Rating

3.54 / 5 (83 ratings)

Updated

2026-03-13