The Truth About Markets
Why Some Nations are Rich But Most Remain Poor
1st Edition
Published on 29. April 2004
496 pages
978-0-14-190975-2 (ISBN)
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.
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.
More details
Language
English
Place of publication
London
United Kingdom
File size
3,04 MB
ISBN-13
978-0-14-190975-2 (9780141909752)
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Schweitzer Classification
Other editions
Additional editions
Book
04/2004
Penguin Books Ltd
€19.00
Available immediately
Person
John Kay is one of Britain's leading economists. He was the first (controversial) head of the Oxford Said Business School and for many years headed Europe's largest private firm, providing economic advice to companies and governments. He has a regular column in the Financial Times.
