Cover of The Truth About Markets: Why Some Nations Are Rich But Most Remain Poor

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

by John Kay · 2003

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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?

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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.

Subject
economicseconomicsMore like thisLess of thisbusinessbusinessMore like thisLess of thispoliticspoliticsMore like thisLess of this
Setting
workplaceworkplaceMore like thisLess of this
Audience
adult
Length
long · 479 pages

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