Capitalism 4.0
Uncovering the transitions of capitalism from the late 19th century through three apparent historical phases, Anatole Kaletsky shows on his book, Capitalism 4.0, how at each of these phases the existing economic order seemed to be grievously threatened, only for capitalism to reinvent itself and transpire stronger than ever. In this controversial and broad book, Kaletsky connects recent financial occurrences into historical and ideological perspective. The supreme economic commentator says that capitalism was not ruined, rather it was irrevocably refashioned.
Capitalism 4.0 will change politics, finance, international relations, and economic thinking in the coming decades.
According to Kaletsky, Capitalism is likely to transform in the coming decades into something different both from the totally deregulated market fundamentalism of Reagan/Thatcher and from the Roosevelt-Kennedy era.
Table of Contents
Introduction
Part I - Capitalism and Evolution
Mr. Micawber and Mad Max
Political Economy and Evolution
The Four Ages of Capitalism
Part II - The Arrow and the Ring
Annus Mirabilis
The Four Megatrends
The Great Moderation
The Financial Revolution
The Ring of Finance
Boom and Bust Forever
Part III - Market Fundamentalism Self-Destructs
The Economic Consequences of Mr. Paulson
There Is No Can Opener
Toward a New Economics
Part IV The Great Transition
The Adaptive Mixed Economy
Irresistible Force Meets Immovable Object
What-Me Worry?
Part V - Capitalism 4.0 and the Future
Finance and Banking in Capitalism 4.0
The World of Capitalism 4.0
Notes
Bibliography
Acknowledgments
About the Author