Can capitalism be fixed?
May 28, 2019
4 minuti
by David J. Lynch
The Future of Capitalism: Facing the New Anxieties, by Paul Collier, Allen Lane, 2019
Here’s a strange paradox. The U.S. economy is on the verge of its longest expansion ever, and unemployment sits at a half-century low. Yet public discontent remains high. More than 60 percent of U.S. residents think the country is on the wrong track, according to a recent /Yougov poll. Similar disaffection is evident in Europe, which is enjoying a less robust expansion. The United Kingdom is struggling to cut ties with the European Union, and French President Emmanuel Macron is battling the “yellow vests” uprising. A decade after the worst financial
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