The Future of Capitalism: Facing the New Anxieties pdf

Paul Collier is Deputy Director of the MBA Program. His background includes roles as CFO and General Manager of a listed manufacturing company and Head of Training for a police force. He joined Monash in 2006 after having spent 7 years at Aston Business School in the UK. At Monash Paul has been a Professor of Accounting, Deputy Head of the (then) Department of Accounting & Finance, and Associate Dean for research training. Paul has researched and published in governance, risk management, strategy, management control and performance measurement in both the private and public sectors and has been on the board of several not-for-profit organisations. Paul was appointed Deputy Director of the Monash Business School MBA program in 2017.

The Future of Capitalism: Facing the New Anxieties pdf by Paul M. Collier

From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.