Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

  • Apple
  • Android
  • Windows Phone
  • Android

To get the free app, enter your email address or mobile phone number.
Download to your computer
Kindle Cloud Reader
Facebook Twitter Pinterest <Embed>
Qty:1
  • List Price: $18.95
  • Save: $2.44 (13%)
FREE Shipping on orders with at least $25 of books.
In Stock.
Ships from and sold by Amazon.com. Gift-wrap available.
The Failure of Laissez Fa... has been added to your Cart
Want it Monday, May 2? Order within and choose Two-Day Shipping at checkout. Details
Ship to:
Select a shipping address:
To see addresses, please
or
Please enter a valid US zip code.
or
FREE Shipping on orders over $25.
Used: Acceptable | Details
Sold by Tobyone
Fulfilled by Amazon
Condition: Used: Acceptable
Comment: HEAVY underlining, solid cover and binding

Fulfillment by Amazon (FBA) is a service we offer sellers that lets them store their products in Amazon's fulfillment centers, and we directly pack, ship, and provide customer service for these products. Something we hope you'll especially enjoy: FBA items qualify for FREE Shipping and .

If you're a seller, Fulfillment by Amazon can help you increase your sales. We invite you to learn more about Fulfillment by Amazon .

Sorry, there was a problem.

There was an error retrieving your Wish Lists. Please try again.

Sorry, there was a problem.

List unavailable.
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See all 3 images

The Failure of Laissez Faire Capitalism Paperback – June 1, 2013

by
Paul Craig Roberts (Author)
› Visit Amazon's Paul Craig Roberts Page
Find all the books, read about the author, and more.
See search results for this author
Are you an author? Learn about Author Central
Paul Craig Roberts (Author)
4.3 out of 5 stars 111 customer reviews
See all 2 formats and editions Hide other formats and editions
Price
New from Used from
Kindle
"Please retry"
$10.15
— —
Paperback
"Please retry"
$16.51
$10.00 $9.48
Best Books of the Month
See the Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.
$16.51 FREE Shipping on orders with at least $25 of books. In Stock. Ships from and sold by Amazon.com. Gift-wrap available.

Frequently Bought Together

  • The Failure of Laissez Faire Capitalism
  • +
  • How America Was Lost: From 9/11 to the Police/Warfare State
  • +
  • The Neoconservative Threat to World Order: Washington's Perilous War for Hegemony
Total price: $58.25
Buy the selected items together
NO_CONTENT_IN_FEATURE
Image
Interested in the Audiobook Edition?
If you’re the author, publisher, or rights holder of this book, let ACX help you produce the audiobook.Learn more.

Product Details

  • Paperback: 190 pages
  • Publisher: Clarity Press (June 1, 2013)
  • Language: English
  • ISBN-10: 0986036250
  • ISBN-13: 978-0986036255
  • Product Dimensions: 6 x 0.5 x 9 inches
  • Shipping Weight: 12.3 ounces (View shipping rates and policies)
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (111 customer reviews)
  • Amazon Best Sellers Rank: #94,004 in Books (See Top 100 in Books)

    •  Would you like to update product info or give feedback on images?

Customer Reviews

Top Customer Reviews

5.0 out of 5 starsCollapse Overtakes The West
By Johannes Maruschzik on March 3, 2013
Format: Kindle Edition
The Failure Of Laissez Faire Capitalism And Economic Dissolution Of The West by Dr. Paul Craig Roberts - formerly Assistant Secretary of the US Treasury for Economic Policy - is a fundamentally important work about the dramatic changes that are taking place in the US and world economies. For this reason, I translated the book into German in the spring of 2012 for its publication by Weltbuch (Dresden) in July 2012 (German title 'Wirtschaft am Abgrund - Der Zusammenbruch der Volkswirtschaften und das Scheitern der Globalisierung'). Economic and political developments during the past year have given the book even greater significance.

Roberts describes the social, political, and economic dispossession that is occurring throughout the West. The citizens in the Western democracies are being forced into acceptance of the agenda of a small oligarchy of powerful private interests. The "free" media, "democratic" governments, and most economists serve the ruling private interests. Let's face it: Private power can be just as abusive as public power. The worst-case scenario is when both are working hand in hand, what, in fact, is happening in the Western democracies today.

Economic theory based on "empty world" economics cannot deal with the problems of a "full world" economy. A mistaken understanding of free trade has blinded the West to its economic erosion by jobs offshoring--labor arbitrage that substitutes lower paid foreign labor for the higher wages in developed countries, with the result that Western economies are deprived of employment opportunities, tax base, and real GDP growth.

Contrary to government claims and media reports, the U.S. economy is still in a recession. A real recovery is not in sight.Read more ›
3 Comments 161 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
5.0 out of 5 starsEconomics for a Full World
By hd on March 5, 2013
Format: Kindle Edition
Review by Herman Daly, Emeritus Professor, University of Maryland

Dr. Roberts was educated at Georgia Tech, University of Virginia, UC Berkeley, and Oxford University. He was Assistant Secretary of the US Treasury in the Reagan Administration, associate editor and columnist for the Wall Street Journal, Senior Research Fellow at the Hoover Institution, Stanford University, and holder of the William E. Simon Chair in Political Economy at Georgetown University. His honors also include the US Treasury's Meritorious Service Award, and France's Legion of Honor.

As evident from this description, Paul Craig Roberts writes from a very solid establishment background in academic political economy, financial journalism, and high public office. His radical critique of today's economics and public policy will no doubt be surprising to some, but it is based on impressive knowledge and experience, as well on an irresistibly convincing honesty. He did not inherit his present understanding of political economy, but developed it through study and experience, with openness to the persuasive power of facts, and willingness to question economic dogmas of both the right and the left.

The book is of special interest to ecological economists, not only for the explicit and insightful support his reasoning gives us, but also for the larger financial and political context in which he places steady-state economics. Although written mainly from a US perspective, the book includes a very clear and informative explanation of the European crisis.Read more ›
1 Comment 114 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
5.0 out of 5 starsA Must Read
By Sam Baxter on March 9, 2013
Format: Kindle Edition
There are very few voices in the West today with the independence, courage, critical thinking and analytical abilities necessary to see through the phantasms of organized deceit which have been perpetrated by powerful private interest groups and their servants in government, academia and media, and expose the simple truth. Dr. Paul Craig Roberts is one such voice, and The Failure of Laissez Faire Capitalism and Economic Dissolution of the West is a big serving of realism.

Deregulated capitalism did not create the Mecca prophesied by libertarians and neoliberals, but instead instability, insecurity, and the dissolution of the middle class. Those who mistakenly believed that markets are self-regulating failed to realize simple truths that govern the real world: 1) selfishness, greed, and evil always exist, 2) private power is no better than public power, and 3) power abhors a vacuum.

When the government is not powerful enough to restrain greedy self-serving private interests, those private interests co-opt and assimilate the government - in effect becoming the government. The result is an oligarchy of crony capitalism, not a libertarian free market. If markets are not embedded in society so that they serve a social purpose for all, they will be monopolized by private interests, leading to instability and insecurity.

In his book False Dawn: The Delusions of Global Capitalism, John Gray reaches the same conclusion as Roberts. Gray shows that free unregulated markets are not natural and are only created by government coercion in the service of private interests or an ideology. It is regulated markets that grow up naturally.

Anyone can have 20/20 vision in hindsight.Read more ›
3 Comments 82 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse

Most Recent Customer Reviews

5.0 out of 5 starsDr Paul Craig Roberts a man for our times

Excellent book, Dr Paul Craig Roberts shows us that economics is not as complicated as we think, his whole thought process clarifies the world economy and the subsequent failure of... Read more

Published 8 days ago by woody
5.0 out of 5 starsCOMPELLING ANALYSIS BY A DISTINGUISHED ECONOMIST AND HONOURABLE...

Compelling and simple to read analysis by a distinguished economist and honourable American who constantly and fearlessly denounce this predatory financial capitalism that benefits... Read more

Published 2 months ago by Anthony J. Geha Yuja
1.0 out of 5 starsLike any leftist

Paul Craig Roberts, leftist. That about sums up what Roberts is and his wrong headed understanding of capitalism and government. Read more

Published 2 months ago by Richard Vinson
5.0 out of 5 starsgood. thanks

good. thanks

Published 3 months ago by James
5.0 out of 5 starsFive Stars

The truth, a welcome change.

Published 4 months ago by Dr. James Aldrich
5.0 out of 5 starssome regulation necessary

At first I was sceptical having read the title, but after reading the book, I now understand how I was ignorant. Read more

Published 4 months ago by Joseph A. Spinuzza
5.0 out of 5 starsThis is well written and great book. I think the history would raise...

This is well written and great book. I think the history would raise the hands of this book and Dr.Roberts.

Published 4 months ago by H J Nam
5.0 out of 5 starsThe Failure of Laissez Faire Capitalism

If you have the gifted impression that something is not right with our (America's) economy, you need to read this book. Dr. Read more

Published 6 months ago by charles williams
1.0 out of 5 starsIf you want to see what real environmental damage looks like, visit...

Laissez Faire Capitalism has NEVER been tried in modern times. "Deregulation" is a misnomer for corrupt political plays which pick winners and losers.... Read more

Published 7 months ago by CuriousOne
5.0 out of 5 starsThe worst welfare system is what we pay our elected offiicals. This...

It's sad to see what our government has become. I wish Dr. Roberts was still working in the government. Read more

Published 10 months ago by David B. Petrin

Set up an Amazon Giveaway

The Failure of Laissez Faire Capitalism
Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Learn more
This item: The Failure of Laissez Faire Capitalism
Set up a giveaway

There's a problem loading this menu right now.

Learn more about Amazon Prime.



Pages with Related Products. See and discover other items: brooksley born