Capitalism was not destroyed by the crisis, but it was irrevocably changed. This provocative audiobook shows how the forces that precipitated the financial meltdown of 2007-2009 are now creating a new and stronger version of the global capitalist system. This system will continue to be led and shaped by the U.S. if its businesses and politicians play their cards well.
The crisis that followed the collapse of Lehman Brothers marked the fourth systemic transformation of capitalism since the late 18th century. The first of these great transitions launched the century of classical capitalism from the Napoleonic Wars to the Great Depression. The second version of capitalism emerged in the 1930s with the New Deal and government-led Keynesian economics, but blew up in the great inflation of the 1970s. That crisis launched the third age of capitalism starting with the elections of Margaret Thatcher and Ronald Reagan in 1979-1980. This business-led period culminated in the market fundamentalist excesses of George W. Bush, Alan Greenspan, and Henry Paulson.
Market fundamentalism collapsed in 2008, but the crash has brought into play capitalisms unerring instinct for self-preservation. As a result, the next version of the capitalist system is now evolving: Capitalism 4.0. But as the global economy is reinvented, will American-led democratic capitalism or Chinese-style state capitalism prevail?
In this wide-ranging and controversial audiobook, Anatole Kaletsky puts the upheavals of 2007-2009 in historical and ideological perspective. He describes the emerging features of the new capitalist model, explains how it will differ from previous versions, and suggests how the rise of Capitalism 4.0 could change politics, finance, international relations, and economic thinking in the coming decades.
Reading while listening has shown to increase retention by as much as 38% and comprehension by as much as 76%. With Scrolls™, you now have the best of both worlds, a library of great books, lectures, speeches and more, synchronized with word-for-word narrated audio by real people.
Whether you’re studying or just want to boost your reading experience, Narrated eBooks by iScroll makes it easy to learn and remember new materials quickly and effectively.
Key Features:
-eBooks with Audiobook narration by a real person included with every Scroll™
-Narration is synchronized with the eBook text
-Automatic bookmarks that are synchronized between devices and the web
-View purchased content on the web with the iScroll web reader
-Adjustable reading speed without pitch distortion
-Sharing of text and audio clips through email, Facebook and Twitter
-Visually fast-forward and rewind through synchronized text
-Search eBook text and Audio by keyword or phrase
-Easily lookup words on Wikipedia
-Save text annotations for later use
-Change the font type, size and color
-Adjust line spacing, backlighting and background color
-Night time reading option reduces eye strain
With both text and audio versions of your library, you can enjoy your selections at home on your couch, in your car while driving and at work or school – anytime, anyplace.
Listen in your car and then finish your selection at home on your couch
Benefits of Scroll™
Increased retention and comprehension Studies have shown that the utilization of multiple senses at the same time e.g. sight( reading) and listening, increases reader retention and comprehension by as much as 38% and 76% respectively. This is a valuable attribute for student learning and language skills. Comprehension is further augmented by referential look-ups (Wikipedia) and hyperlinks to external multimedia content, e.g. pictures, maps, videos and websites.