This imaginative and ambitious book rethinks the nature of capitalism. Lippit, a leading heterodox economist in the USA, here delivers a comparative study of different forms of capitalism. He first critically examines the three main capitalist prototypes:

* the Anglo-American, market-driven version
* the welfare-state capitalism of continental Europe
* the state-led capitalism of East Asia.

After investigating their various intricacies, he then goes on to analyze the common weaknesses of each different strand. A provocative and stimulating read, this...