SALE ON NOW! PROMOTIONS
Economics is a slippery business. Economist's predictions are as much black art as science, and the dynamics of the modern world are such that both the pace of change and the unpredictability of what may happen seem to increase as one watches. One thing is clear, however, the world is sharply divided into rich and poor. Capitalism seems only to help the rich get richer and the poor in less developed countries continue to suffer. This book is a manifesto for world wide economic change. The author is the founder of the Institute of Liberty and Democracy in Peru, an advisor to that country's President, and has involvements across the globe. His findings about the situation of the world's poorer people, for example their collective ownership of significant amounts of property - especially land - suggest a way to change the inherent difference between rich and poor. Capitalism can be brought to bear on the problem and made to work in countries currently struggling separately to join the capitalist mainstream. The theories presented here are certainly interesting and doubtless sincere, but there is something of a 'magic formula' to the author's approach, a view that seems to suggest that it is all so easy if only we - the world- does the logical thing. The problems, and not the least the vested interests, of a world where for a significant minority power and money go together, and where self interest outranks anything else, seem to be viewed as matters that can almost be changed at a stroke. The arguments presented here may be valuable to a debate that will continue for a long while; however, realistically, they will not change the world overnight. (Kirkus UK)
