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Capitalism

1995
Author:

Peter Saunders

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A compelling look at the future of capitalism in a postcommunist world.

With the collapse of socialism, capitalism is now poised to become a truly global system. Three major questions arise from its success: Can capitalism revolutionize the living standards of the poor nations in the way it has done for countries in the West? Can the global ecosystem survive such a massive expansion of industrial output? And if capitalism prevails, will human beings be any happier as a result? Peter Saunders draws on the latest evidence from around the world to provide a “social audit” of contemporary capitalism.

With the collapse of socialism, capitalism is now poised to become a truly global system. Three major questions arise from its success: Can capitalism revolutionize the living standards of the poor nations in the way it has done for countries in the West? Can the global ecosystem survive such a massive expansion of industrial output? And if capitalism prevails, will human beings be any happier as a result? Peter Saunders draws on the latest evidence from around the world to provide a “social audit” of contemporary capitalism.

Copublished with Open University Press

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Peter Saunders is professor of sociology at the University of Sussex.

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