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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.
List of contents
PrefacePART I: THE WORLD UNDER CAPITALISM
Chapter One: Growth and Climate Change
Chapter Two: Migration
Chapter Three: Politics
PART II: INEQUALITY
Chapter Four: Inequality within Nations
Chapter Five: Global Inequality
Chapter Six: Wealth inequality
Chapter Seven: Inequality and Literature
PART III: GLOBALIZATION AND MULTI-POLAR WORLD
Chapter Eight: Globalization
Chapter Nine: China
Chapter Ten: Russia
PART IV: HISTORY
Chapter Eleven: Economic History
Chapter Twelve: Adam Smith
Chapter Thirteen: Ricardo and Marx
Chapter Fourteen: Communism
Chapter Fifteen: Transition to Capitalism
PART V: REFLECTIONS
Chapter Sixteen: Reflections
ReferencesIndex
About the author
Branko Milanovic is Research Professor at the Graduate Center, City University of New York.
