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Radical Markets Uprooting Capitalism and Democracy for a Just Society Eric A Posner E Glen Weyl 9780691177502 Books Read online GFQ

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  • Revolutionary ideas on how to use markets to bring about fairness and prosperity for all

    Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking―and pretty much all conventional thinking about markets, both for and against―on its head. The book reveals bold new ways to organize markets for the good of everyone. It shows how the emancipatory force of genuinely open, free, and competitive markets can reawaken the dormant nineteenth-century spirit of liberal reform and lead to greater equality, prosperity, and cooperation.

    Eric Posner and Glen Weyl demonstrate why private property is inherently monopolistic, and how we would all be better off if private ownership were converted into a public auction for public benefit. They show how the principle of one person, one vote inhibits democracy, suggesting instead an ingenious way for voters to effectively influence the issues that matter most to them. They argue that every citizen of a host country should benefit from immigration―not just migrants and their capitalist employers. They propose leveraging antitrust laws to liberate markets from the grip of institutional investors and creating a data labor movement to force digital monopolies to compensate people for their electronic data.

    Only by radically expanding the scope of markets can we reduce inequality, restore robust economic growth, and resolve political conflicts. But to do that, we must replace our most sacred institutions with truly free and open competition―Radical Markets shows how.


    Eric A. Posner, E. Glen Weyl,Radical Markets Uprooting Capitalism and Democracy for a Just Society,Princeton University Press,0691177503,Economics - Theory,Political Ideologies - Libertarianism,Public Policy - Economic Policy,Capitalism,Capitalism.,Competition,Democracy,Democracy.,Free enterprise,Free enterprise.,Right of property,BUSINESS ECONOMICS / Economics / Theory,Business Economics,Business Economics/Free Enterprise Capitalism,Business/Economics,Central government policies,ECONOMIC POLICY,ECONOMIC THEORY,Economic theory philosophy,Economics,General Adult,Non-Fiction,POLITICAL PHILOSOPHY,POLITICAL SCIENCE / Political Ideologies / Libertarianism,POLITICAL SCIENCE / Public Policy / Economic Policy,Political Ideologies - Libertarianism,Political Science/Public Policy - Economic Policy,Political ideologies,Public Policy - Economic Policy,Right of property,UNIVERSITY PRESS,United States,BUSINESS ECONOMICS / Economics / Theory,Business Economics/Free Enterprise Capitalism,POLITICAL SCIENCE / Political Ideologies / Libertarianism,POLITICAL SCIENCE / Public Policy / Economic Policy,Political Science/Public Policy - Economic Policy,Business Economics,Business/Economics,Central government policies,Economic theory philosophy,Economics,Political ideologies

    Radical Markets Uprooting Capitalism and Democracy for a Just Society Eric A Posner E Glen Weyl 9780691177502 Books Reviews :



    Revolutionary ideas on how to use markets to bring about fairness and prosperity for all

    Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking―and pretty much all conventional thinking about markets, both for and against―on its head. The book reveals bold new ways to organize markets for the good of everyone. It shows how the emancipatory force of genuinely open, free, and competitive markets can reawaken the dormant nineteenth-century spirit of liberal reform and lead to greater equality, prosperity, and cooperation.

    Eric Posner and Glen Weyl demonstrate why private property is inherently monopolistic, and how we would all be better off if private ownership were converted into a public auction for public benefit. They show how the principle of one person, one vote inhibits democracy, suggesting instead an ingenious way for voters to effectively influence the issues that matter most to them. They argue that every citizen of a host country should benefit from immigration―not just migrants and their capitalist employers. They propose leveraging antitrust laws to liberate markets from the grip of institutional investors and creating a data labor movement to force digital monopolies to compensate people for their electronic data.

    Only by radically expanding the scope of markets can we reduce inequality, restore robust economic growth, and resolve political conflicts. But to do that, we must replace our most sacred institutions with truly free and open competition―Radical Markets shows how.

    Eric A. Posner, E. Glen Weyl,Radical Markets Uprooting Capitalism and Democracy for a Just Society,Princeton University Press,0691177503,Economics - Theory,Political Ideologies - Libertarianism,Public Policy - Economic Policy,Capitalism,Capitalism.,Competition,Democracy,Democracy.,Free enterprise,Free enterprise.,Right of property,BUSINESS ECONOMICS / Economics / Theory,Business Economics,Business Economics/Free Enterprise Capitalism,Business/Economics,Central government policies,ECONOMIC POLICY,ECONOMIC THEORY,Economic theory philosophy,Economics,General Adult,Non-Fiction,POLITICAL PHILOSOPHY,POLITICAL SCIENCE / Political Ideologies / Libertarianism,POLITICAL SCIENCE / Public Policy / Economic Policy,Political Ideologies - Libertarianism,Political Science/Public Policy - Economic Policy,Political ideologies,Public Policy - Economic Policy,Right of property,UNIVERSITY PRESS,United States,BUSINESS ECONOMICS / Economics / Theory,Business Economics/Free Enterprise Capitalism,POLITICAL SCIENCE / Political Ideologies / Libertarianism,POLITICAL SCIENCE / Public Policy / Economic Policy,Political Science/Public Policy - Economic Policy,Business Economics,Business/Economics,Central government policies,Economic theory philosophy,Economics,Political ideologies

    Radical Markets Uprooting Capitalism and Democracy for a Just Society [Eric A. Posner, E. Glen Weyl] on . bRevolutionary ideas on how to use markets to bring about fairness and prosperity for all/b Many blame today's economic inequality


     

    Product details

    • Hardcover 368 pages
    • Publisher Princeton University Press (May 15, 2018)
    • Language English
    • ISBN-10 0691177503
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