Overview

With one side of the political aisle proposing increasingly more socialistic and anti-capitalistic ideas, the other side has been quick to defend our country's great economic model, with good reason. Capitalism--spanning a spectrum from laissez faire to authoritarian--shapes the market economies of all the wealthiest and fastest-growing nations. But does that mean it is perfect as is, and that we would not all benefit from an honest evaluation and reconstruction of the free market system that has shaped our country's way of economic growthThe truth is, trouble is cracking capitalism's shiny veneer. In the US, Europe, and Japan, economic growth has slowed down. Wealth is concentrated in the hands of a few; natural resources are exploited for short-term profit; and good jobs are hard to find. In Confronting Capitalism, business expert Philip Kotler explains 14 major problems undermining capitalism, including:* Persistent and increasing poverty* Automation's effects on job creation* High debt burdens* Steep environmental costs* Boom-bust economic cycles* And moreBut this landmark book does not stop with merely revealing the problems. It also delivers a heartening message: We can turn things around! Movements toward shared prosperity and a higher purpose are reinvigorating companies large and small, while proposals abound on government policies that offer protections without stagnation. Kotler identifies the best ideas, linking private and public initiatives into a force for positive change, and offers suggestions for returning to a healthier, more sustainable capitalism that works for all.

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9780814436455

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Reviews

.. . timely book that provides a great overview of the issues facing capitalism. For anyone looking to get up to speed with these issues... --Stock Ideas Every so often a respected economist writes a book that's not just highly readable but that contains analyses and viable solutions to vexing economic and societal problems. --Changing Winds .. .[Kotler's] writing on behalf of all business; large corporations as well as one-person firms, mom-and-pop shops, small businesses and everyone in between. --Small Business Trends .. .written for anyone interested in a common sense understanding of today's economic malaise; how we got here, where we're going, and how we can turn this around... --Another Opinion .. .the author's prescriptions for change which are likely to be wildly controversial. --Leading Business Books [Kotler] does for the pitfalls of capitalism what Thomas L. Friedman did in explaining globalization in The World Is Flat. This deserves a wide readership. --Library Journal If you want to understand what's really wrong with our present system of Capitalism running amok, you'll have to read Kotler's book. --Huntington News Those who have even the remotest connection to the levers of power should be locked in a room and forced to digest Kotler's analysis and act upon it. --Darren Ingram Media .. .timely and excellent study of business forces. Rather than a rejection of capitalism, this book focuses on how to return capitalism to a more sustainable model. --San Francisco Book Review .. .this well-written, heartfelt argument deserves to be read because it will make you think... --Strategy+Business Brings a fresh perspective on what capitalism is and how different variations of it are in existence in the world today...tackles multiple issues with conciseness --Book Barrage .. .excellent book because it sends this very clear message to workers, bankers, industrialists, CEOs, politicians and presidents. --BlogCritics Critics of capitalism are not in short supply.. But when the critic is Philip Kotler, capitalism needs to sit up and take notice. --Financial Times Confronting Capitalism does something I have not seen before. It takes economics and puts it on a practical human scale. --Evil Cyclist

Those who have even the remotest connection to the levers of power should be locked in a room and forced to digest Kotler's analysis and act upon it. --Darren Ingram Media

Every so often a respected economist writes a book that's not just highly readable but that contains analyses and viable solutions to vexing economic and societal problems. --Changing Winds

Author Information

Philip Kotler is one of the world's foremost experts on the strategic practice of marketing, voted the first Leader in Marketing Thought by the American Marketing Association. The S.C. Johnson & Son Distinguished Professor of International Marketing at the Kellogg School of Management of Northwestern University, he is the author of many influential books, including Marketing Management and Kotler on Marketing. He lives in Evanston, Illinois.

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