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Capitalism XXL

Why the Global Economy Became Gigantic and How to Fix It

Gebonden Engels 2023 9780228016908
Verkooppositie 5919Hoogste positie: 5919
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Our world is suffering from economic gigantism. Under the current capitalist system huge companies and organizations are becoming even larger and more powerful, creating a Champions League effect that kills healthy competition, doesn't consider sustainable growth, and leaves workers feeling pressured and susceptible to burnout. Capitalism XXL makes it clear that current rules of capitalism favour bigness in an unfair way, and that a general unease with the capitalist system is growing.

The trend for bigness goes beyond businesses: schools, hospitals, libraries, and all kinds of organizations, misled by economies of scale, have consolidated. A larger entity can seem attractive for its short-term financial gains, but the results produce enormous social costs. Rather than dismantling the capitalist system in favour of neo-Marxism, Geert Noels argues, we have to instead go back to the roots of capitalism and embrace its traditional principles as written by Adam Smith in the eighteenth century.

Capitalism XXL makes the case for changing the rules in order to tame the giants and restore the individual to the world economy. Guided by history, Noels proposes an approach to capitalism that considers all human dimensions - social, ecological, and economic - and describes a sustainable future economy that will not burden the generations to come with debt, social inequality, and a natural environment that is damaged beyond repair.


Aantal pagina's:195


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Over Geert Noels

Geert Noels (1967) is hoofdeconoom van de zakenbank Petercam en columnist bij het economische weekblad Trends. De afgelopen jaren groeide hij uit tot een bekende opiniemaker en veelgevraagd spreker over financiële en economische onderwerpen

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Introduction 3

1 The World Economy and Capitalism Adrift: Adam Smith versus John Maynard Keynes 9
2 Gigantism? 29
3 Growth Hormones That Promote Gigantism 53
4 The Champions League Effect 80
5 Gigantism Disrupts Society 101
6 From Growth Obsession to Sustainable Growth 119
7 Smaller, Slower, and More Human 135
8 Ten Steps towards Post-Gigantism 159

Conclusions 173
Epilogue 178
Notes 179
Bibliography 187

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