The World Under Capitalism: Observations on Economics, Politics, History, and Culture

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Branko Milanovic

The World Under Capitalism

Observations on Economics, Politics, History, and Culture

Branko Milanovic

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English

Polity Press
20 June 2025

Economics & Business; Economics

Branko Milanovic is best known as one of the world’s leading experts on global inequality. But he is also an unusually wide-ranging and penetrating commentator on subjects across economics and beyond, in politics, history, and culture. This book brings together his most searching, provocative, and entertaining articles of recent years, providing an abundance of vital insights into the evolution and dynamics of the world under capitalism.

The volume features important ideas about the struggle to achieve a more equal and prosperous world against not only the predictable forces of deregulation and distraction but new ideas about shrinking the economy to protect the environment. Further from Milanovic’s speciality, readers will find an extraordinary array of reflections on subjects including migration, globalization, the politics and economics of Russia and China, the crisis of liberal democracy, economic and literary history, and the intellectual giants of economics. The pieces are united by Milanovic’s distinctive voice – humane, wry, and realistic – and by remarkable erudition worn lightly whether the topic is the fall of Constantinople, Jane Austen, or the mores of contemporary soccer.

No one can fail to learn from the book, while the sparkling prose, unexpected observations, and sheer importance of the subjects at hand make it a compelling read from start to finish.

By: Branko Milanovic
Imprint: Polity Press
Country of Publication: United Kingdom
Dimensions: Height: 237mm, Width: 164mm, Spine: 15mm
Weight: 680g
ISBN: 9781509567768
ISBN 10: 1509567763
Pages: 400
Publication Date: 20 June 2025
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

Branko Milanovic is Research Professor at the Graduate Center, City University of New York.

Reviews for The World Under Capitalism: Observations on Economics, Politics, History, and Culture

""In these essays, Milanovic has gone beyond the core topic of global inequality which has been his official calling card. He is provocative in his contentions and wonderful in his voice. He doesn’t suffer fools lightly, but he is also a staunch egalitarian, engaging anyone worth our time. And he shows what it means to be a true intellectual by learning in public, not always teaching from on high."" Samuel Moyn, Yale University ""In this impressive collection, a leading economist applies his intellect to current events and issues with erudition and analytical clarity."" Jeet Heer, journalist at The Nation