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Confronting Capitalism: Real Solutions for a Troubled Economic System Hardcover – Special Edition, April 15, 2015
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“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
“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
“[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
“…the author’s prescriptions for change which are likely to be wildly controversial.” --Leading Business Books
“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
“…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
“…excellent book because it sends this very clear message to workers, bankers, industrialists, CEOs, politicians and presidents.” --BlogCritics
“…[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
“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
With the fall of the Berlin Wall, one economic model emerged triumphant. Capitalism—spanning a spectrum from laissez faire to authoritarian—shapes the market economies of all the wealthiest and fastest-growing nations.
But trouble is cracking its shiny veneer. In the U.S., 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.
With piercing clarity, Philip Kotler explains 14 major problems undermining capitalism, including persistent poverty, job creation in the face of automation, high debt burdens, the disproportionate influence of the wealthy on public policy, steep environmental costs, boom-bust economic cycles, and more.
Amidst its dire assessment of what's ailing us, Confronting Capitalism 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.
Combining economic history, expert insight, business lessons, and recent data, this landmark book elucidates today's critical dilemmas and suggests solutions for returning to a healthier, more sustainable Capitalism—that works for all.
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Top customer reviews
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As one might expect, the book is well-written and as easy to follow as a fireside chat.
I need to tell my local Wal-Mart manager that paying such low wages creates an environment of surly workers that ruins my shopping experience. Instead I go to Publix where employees are also shareholders and can afford to shop where they work. Publix understands the value of a lifetime customer.
Phil has reminded me that the challenges are daunting, the solutions on a macro level difficult, but actions where I am closest to the businesses and elected officials are not so tough. Many of Phil’s positions and solutions apply equally, albeit on a smaller scale, to what can be done locally. I hope this does not come off as overly simple but I am compelled to act.
Kotler understands why the nation is divided. Unregulated capitalism will eventually lead to
its own destruction unless it takes into greater account the plight of the losers in this Darwinian battle for survival.
Smarter, more thoughtful historians and economists, have to gain more political power to reverse what happens
to oligarchical nations that can't see the gathering storm of dangerous discontent.
It should be required reading for everyone elected or desiring to be an elected official.
The time has come for scholars like Kotler to cool down the rhetoric and expose the dangers that lie along the road we are traveling.
While many books that follow this line suggest that capitalism ought to be done away with it severely restrained, Philip Kotler offers 14 specific ways that our economic system needs help and ends as an unabashed fan who believes capitalism has done more good than harm, but, and it's a big but, time is not on our side.
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