Capitalism

(Hardback)

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Description

In the aftermath of the financial crisis and the deepest recession since the 1930s, capitalism is once again the subject of heated debate. While the end of the Cold War destroyed the credibility of the only systemic alternative, many in the developed world remain profoundly uncomfortable with the workings of capitalism, despite its extraordinary capacity to lift millions out of poverty and raise living standards. In this extraordinary book senior Financial Times columnist John Plender highlights and investigates a concern about the moral character of money that pre-dates the industrial revolution by more than two millennia.

Reviewed in the Australian Book Review

Reviews

'It [Capitalism] does a better job of bringing together all the key issues facing today's global economy than any other book I've read... a delight to read.' - Tim Montgomerie, The Times;'In this thoughtful and stimulating intevention, John Plender [...] offers a tour d'horizon of the debate, enlivened by a deep knowledge of the globaleonomy and an interest in history, together with an open-minded willingness to place capitalism on the scales of justice and see which way they tip.' - David Priestland, Financial Times; 'Plender is neither dogmatic nor prescriptive; if you like to read something that furnishes ideas for debate, then this book is for you.' - CapX; '[John Plender] approaches the quandaries of capitalism with a shrewd eye for detail.' - The Economist

Author Bio

John Plender has been a senior editorial writer and columnist at the Financial Times since 1981. A former chairman of Quintain PLC, he chairs the Official Monetary and Financial Institutions Forum, a research and advisory group, and is a trustee of the Pearson Group Pension Fund. His previous books include That's the Way the Money Goes, The Square Mile, A Stake In The Future and Going Off The Rails: Global capital and the crisis of legitimacy. He lives in London.