- Merges capitalist theory with global events, as few books do
- Emphasizes ways to interpret capitalist ideas in light of current global affairs
- Reframes capitalism via economics, supported by insights from political science, sociology, international relations and peace studies
Upper-division undergraduates, graduate students, and professionals worldwide working in development economics, international economics and international relations; and general readers/researchers working on issues of economic globalization
Table of Contents
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?
Section II The Global Economy: Performance, Classification and Challenges: The World Divided
7. The Top Ten World Economies
8. The Five Groups of World Economies
9. The 2008 Crisis: The World’s Turning Point?
10. Perfecting Capitalism
11. Canada: Becoming a Model Economy?
Section III Capitalist Development: Asian Style
12. The Japan Economy: Successes and Challenges
13. East Asia: Flying Geese against Wind Current?
14. The Late Comers: ASEAN and China
15. The Political Economy Debates
Section IV The Frontier of Capitalism: China versus Hong Kong
16. Sun’s Three Principles, and Three Mistakes
17. The China Economy: The Missing Links
18. The Hong Kong Economy: The Pivot of China?
19. The Battle of Capitalism: Hong Kong Post-1997
Section V Conclusion
20. Why Nations Succeeded?
21. How Can Capitalist Economies Save the World?