bookguide" added "description" (en-US):
Capitalism, Alone: The Future of the System That Rules the World is a book written by the economist Branko Milanovic. The book explores the current state of capitalism and how it has evolved over the years. Milanovic argues that capitalism is the only viable economic system in the world, but it is not a uniform system. Instead, there are different forms of capitalism in different parts of the world.
The book is divided into three parts. The first part explores the history of capitalism and how it has evolved over the centuries. The second part looks at the different forms of capitalism that exist today, including liberal capitalism, social democracy, and state capitalism. Milanovic argues that these different forms of capitalism have emerged in response to different political and economic conditions.
The third part of the book looks at the future of capitalism. Milanovic argues that the current system is unsustainable and that there will be significant changes in the coming years. He explores various scenarios, including the rise of a new global middle class, the decline of the West, and the emergence of new power centers.
Overall, Capitalism, Alone offers a nuanced and comprehensive analysis of the current state of capitalism and its future prospects. It is an essential read for anyone interested in understanding the economic and political forces that shape our world.
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