Confronting capitalism : real solutions for a troubled economic system /
Philip Kotler.
- First edition.
- vi, 248 pages ; 24 cm
Includes index.
Introduction : creating high performance capitalism -- The persistence of poverty -- Income inequality on the rise -- Workers under siege -- Job creation in the face of growing automation -- Companies not covering their social costs -- Environment exploitation -- Business cycles and economic instability -- The dangers of narrow self-interest -- The debt burden and financial regulation -- How politics subverts economics -- Capitalism's short-term orientation -- Questionable marketing outputs -- Setting the right GDP growth rate -- Creating happiness as well as goods -- Epilogue.
Assesses fourteen major vulnerabilities in the American economic system, and offers solutions for buttressing shortcomings and returning to a more sustainable capitalism. Since the fall of the Berlin Wall, capitalism shapes the market economies of all the wealthiest and fastest-growing nations. But trouble is cracking its shiny veneer. In the U.S., Europe, and Japan, economic growth has slowed down. Wealth is concentrated in the hands of a few; natural resources are exploited for short-term profit; and good jobs are hard to find. Kotler explains the major problems undermining capitalism, and delivers a heartening message: We can turn things around.