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Inclusive Capitalism: A Rational Foundation for the World Economy, Volume 1
Hardcover
ISBN13: 9783112235478
Publisher: de Gruyter
Published: Aug 17 2026
Pages: 372
Weight: 1.75
Height: 0.88 Width: 6.69 Depth: 9.61
Language: English
Capitalism has generated extraordinary prosperity--but that prosperity is increasingly uneven, exclusionary, and unstable. Inclusive Capitalism: A Rational Foundation for the World Economy establishes that these outcomes are not accidental. They are the result of how the system has evolved.
This volume, the first of a set of two, provides a rigorous, fact-based analysis of capitalism across its major historical stages, alongside comparisons with alternative economic systems. Its purpose is diagnostic: to determine what has worked, what has not, and why--and to identify the structural patterns that persist across time and context.
The conclusion is clear. Capitalism remains the most powerful engine for innovation and growth ever developed--but its incentives and institutions produce persistent unintended consequences, reflecting limitations in an economic system that evolved without a fully specified architecture. The opportunity is to build an economy that preserves capitalism's capacity for innovation, decentralized decision-making, and adaptive growth--while expanding participation, strengthening resilience, and fostering abundance.
Bold and thought-provoking, this book is a must-read for researchers, policymakers, and anyone questioning the modern economic landscape. It offers a rigorous examination of capitalism's unintended consequences and establishes a conceptual foundation for a more systemically coherent economic system--consistent with Adam Smith's vision and suited to a technology-driven, abundance-oriented world.
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