Cover of Radical Markets: Uprooting Capitalism and Democracy for a Just Society

Radical Markets: Uprooting Capitalism and Democracy for a Just Society

by Eric A. Posner

3.95(1,477 ratings)

Revolutionary ideas on how to use markets to bring about fairness and prosperity for allMany blame today's economic inequality, stagnation, and political instability on the fr…

Reviews

Alper Cugun@alper.nl

"So you like markets? Let's push markets as far as they can go." —"Not like this!"<br/><br/>Most people who say they like markets use it as an excuse to cover up their desire to maintain entrenched power relations, monopolies and inequality.<br/><br/>I like many of the proposals in this book but more than that I think the way of thinking about society, coordination and exchange is very valuable. I've seen a talk by Weyl where he supersedes many of the ideas in the book based on new evidence and research.<br/><br/>Is there a path towards realizing something like the COST? Probably not working in the tired democracies that we are stuck with at the moment, but most of the institutions that we have are shearing to the point of breaking anyway. Once they break for real, it's nice to have alternative ways of organizing ready to go.