''Capitalism, Alone: The Future of the System That Rules the World'' is a 2019 nonfiction book published by

Harvard University Press Harvard University Press (HUP) is an academic publishing house established on January 13, 1913, as a division of Harvard University. It is a member of the Association of University Presses. Its director since 2017 is George Andreou. The pres ...

Branko Milanovic Branko (Cyrillic script: Бранко; ) is a South Slavic male given name found in all of the former Yugoslavia. It is related to the names Branimir and Branislav, and the female equivalent is Branka. People named Branko include: * Branko (DJ), P ...

, an economist at the Stone Centre on Socioeconomic Inequality at the

City University of New York The City University of New York (CUNY, pronounced , ) is the Public university, public university system of Education in New York City, New York City. It is the largest urban university system in the United States, comprising 25 campuses: eleven ...

Themes

According to ''

The Economist ''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. M ...

'', in ''Capitalism, Alone'' Milanovic "argues that this unification of humankind under a single social system lends support to the view of history as a march towards progress."

Reviews

The review in ''

The New Yorker ''The New Yorker'' is an American magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. It was founded on February 21, 1925, by Harold Ross and his wife Jane Grant, a reporter for ''The New York T ...

'' said that Milanovic is a "whiz at number crunching" and "has a whimsical, wide-ranging appreciation for history and culture." Milanovic had "demonstrated how the benefits of globalization had been distributed among different classes across various groups of countries" by "using a giant

World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...

database of household incomes in the 1990s. In ''Capitalism, Alone'', he has "richly detailed" the consequences of inequality.

Roberto Iacono Roberto is an Italian, Portuguese and Spanish variation of the male given name Robert. Notable people named Roberto include: * Roberto (footballer, born 1912) * Roberto (footballer, born 1977) * Roberto (footballer, born 1978) * Roberto (football ...

said the book was "remarkable" and "possibly the author's most comprehensive opus so far." ''

The Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...

'' said that the book was a "stunted recitation of the political and economic crises afflicting Western capitalism, an unpersuasive account of China's economic model as a potential alternative and an implausibly dystopian vision of global capitalism’s future." An article published as an

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...

(IMF) book reviews, said that the "valuable, data-rich, and thoughtful" book was an "ambitious and provocative examination of the present and the future of capitalism."

References

{{Improve categories, date=August 2021 2019 non-fiction books Belknap Press books Books about capitalism