The Future of Capitalism: How Today's Economic Forces Shape Tomorrow's World

by Lester Carl Thurow

Book Overview

Professor Thurow once again demonstrates his insights into the global economy and a genius for pithy explanation in this masterful analysis of how the falling of Communism is leading, as inexorably as... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0140263284
• ISBN13: 9780140263282
• Release Date: April 1997
• Publisher: Penguin Group
• Length: 400 Pages
• Weight: 0.64 lbs.
• Dimensions: 0.7" x 5.0" x 7.7"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher

Customer Reviews

Amazing and Fascinating Book !!

read capter 11 " economic Instability " , you would have escaped from being hit badly by 1997 " Asian Financial Crisis ".....

Packed With Knowledge!

This is a particularly important book for two types of people to read: those who believe economic instability and inequality will lead capitalism to implode (they're wrong); and those who believe the economic engine of capitalism is running just fine, especially in the United States, and simply needs to be left alone by meddling do-gooders, thank you (they are wrong too). Neither view is realistic. Lester C. Thurow is quite well suited to explain why. He is practically a brand name on national television, known for making more sense of the economy than anyone could possibly expect from a dean at MIT. Although Thurow wrote this book in 1996, the trade deficit, the skewed distribution of revenue and the disparity between rich and poor continue to demonstrate the validity of his conclusion that fewer and fewer can get more and more for only so long. We highly recommend his insightful analysis, wishing only that Thurow proposed deeper solutions for the problems he so ably diagnosed.

One of the morden classics

This book can be considered as one of the morden classics. I receommend this book to anyone. Sure there are some "factual mistakes" and most people can find arguments that they don't agree with. Recommendations for United States such as better education for the "bottom 2/3 of population", more R & D spending, better training, more national saving are something that everyone can agree upon. In fact it is exactly the same conclusions that were drawn in Michael Ports' . Yes on a scholarly level, Ports's book may be better. But personally I find Thurow's book more entertaining and a much more interetsing read. (I guess I am not a serious scholar, but how many of us are?) This book is targeted for the general public and thus cannot be too scholarly.

Very Insightful

Lester Thurow's "Future of Capitalism" is a VERY interesting book on globalization, and it is SO much more insightful than that silly "Lexus and Olive Tree." It does a great job of explaining the history and roles of the international / supranational organizations like WTO, World Bank, etc. Thurow is a highly respected liberal economist and he has a way of describing the "third industrial revolution" in a way that even old school economists can understand: It ain't about controlling or allocating resources anymore -- it's all about brainpower.

a lucid explanation of the forces shaping world ecomomies

It's rare to find a book which is so insightful. As people and politicians around the world are reeling and reacting to the dramatic economic changes happening around them, Thurow is the scholarly observer who explains to us so clearly why these changes are taking place. The author deepens our understanding of events by providing the historical context and presents us with our future dilemnas and challenges. Such as the widening gap between rich and poor. This book will be a light and demystifier to your economic world view. As far as economics go, this book is straight talk, captivating and excellent.