Download Capitalism 4.0: The Birth of a New Economy in the Aftermath of Crisis AudioBook Free
Capitalism was not ruined by the turmoil, but it was irrevocably transformed. This provocative audiobook shows how the causes that precipitated the financial meltdown of 2007-2009 are now creating a fresh and better version of the global capitalist system. This system will continue to be led and formed by the U.S. if its businesses and politicians play their credit cards well. The turmoil that adopted the collapse of Lehman Brothers proclaimed the fourth systemic transformation of capitalism because the late 18th century. The to begin these great transitions launched the century of traditional capitalism from the Napoleonic Wars to the Great Depression. The second version of capitalism surfaced in the 1930s with the New Deal and government-led Keynesian economics, but blew up in the fantastic inflation of the 1970s. That turmoil launched the third years of capitalism starting with the elections of Margaret Thatcher and Ronald Reagan in 1979-1980. This business-led period culminated in the "market fundamentalist" excesses of George W. Bush, Alan Greenspan, and Henry Paulson. Market fundamentalism collapsed in 2008, but the crash has brought into play capitalism's unerring instinct for self-preservation. Because of this, the next version of the capitalist system is currently evolving: Capitalism 4.0. But as the global economy is reinvented, will American-led democratic capitalism or Chinese-style condition capitalism prevail? In this wide-ranging and controversial audiobook, Anatole Kaletsky places the upheavals of 2007-2009 in historical and ideological perspective. He represents the emerging top features of the new capitalist model, talks about how it'll differ from previous versions, and suggests how the climb of Capitalism 4.0 could change politics, finance, international relationships, and economical thinking in the coming decades.
