Beschreibung:
Redefining Capitalism in Global Economic Development reconsiders capitalism by taking into account the unfolding forces of economic globalization, especially in Asian economies. It explores the economic implications and consequences of recent financial crises, terrorism, ultra-low interest rates that are decades-long, debt-prone countries and countries with large trade surpluses.
Section I Capitalism: Theories, Concepts and Behavior 1. The Individual 2. Inequality, Poverty, and Opportunity 3. Role of Government 4. Conceptual Differences between Economics, Welfare, and Politics 5. Capitalism and Socialism: Sustainability versus Popularity 6. Economic Relativity: The Ultimate of Capitalism?