The Truth About Markets

The Truth About Markets Why Some Nations Are Rich but Most Remain Poor

Paperback (29 Apr 2004)

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Synopsis

Capitalism faltered at the end of the 1990s as corporations were rocked by fraud, the stock-market bubble burst and the American business model - unfettered self-interest, privatization and low tax - faced a storm of protest. But what are the alternatives to the mantras of market fundamentalism?

Leading economist John Kay unravels the truth about markets, from Wall Street to Switzerland, from Russia to Mumbai, examining why some nations are rich and some poor, why 'one-size-fits-all' globalization hurts developing countries and why markets can work - but only in a humane social and cultural context. His answers offer a radical new blueprint for the future.

About the Publisher

Penguin Books

Penguin Books

The first ten paperback Penguin books appeared in 1935 costing 6d each (the price of a packet of cigarettes). Since then the Penguin list has developed enormously, but still aims to bring the best writing to the widest possible audience. Penguin Paperbacks now range from Booker Prize-winning contemporary authors, to mass market bestsellers, with successful history, biography and general non-fiction as well.

Book information

ISBN: 9780140296723
Publisher: Penguin Books Ltd
Imprint: Penguin Books
Pub date:
DEWEY: 330.122
DEWEY edition: 22
Language: English
Number of pages: 478
Weight: 350g
Height: 198mm
Width: 129mm
Spine width: 22mm