List Books » Capitalism vs. Capitalism: How America's Obsession with Individual Achievement and Short-Term Profit Has Led It to the Brink of Collapse
Authors: Michael Albert, Paul Haviland, Paul Haviland (Translator), Michel Albert
ISBN-13: 9781568580050, ISBN-10: 1568580053
Format: Paperback
Publisher: Basic Books
Date Published: November 1993
Edition: 1st Edition
The author believes two approaches are currently used in defining the economic policy of a nation: a Rhine model which emphasizes collective achievement and public consensus, and a supply-side model based on individual achievement and short-term profits. Favoring the Rhine approach, he urges the adoption of specific policy changes by the US and other governments, which he believes will lead to a more balanced economy and society.
In the new world order, where capitalism reigns supreme, who will reign over capitalism: the United States? Germany? Japan? French businessman Albert identifies two variants of capitalism now at odds with each other. The Anglo-American model is characterized by individual gain and laissez-faire government. The Rhine model (followed by Germany and, in some respects, Japan) is a kinder, gentler capitalism in which long-term success of the entire society is paramount. Originally published in France in 1991, this book cannot take into account recent shake-ups in each system, but Albert's case is still significant. This topic will be debated in academia and industry into the next century. Recommended for business collections.-- Kris Swank, American Graduate Sch. of International Management Lib., Glendale, Ariz.
Preface to the American Edition | ||
Foreword | ||
Ch. 1 | Introduction | 1 |
Ch. 2 | America is back | 20 |
Ch. 3 | America backwards | 39 |
Ch. 4 | Fame and finance | 62 |
Ch. 5 | Insurance: a study in contrasts | 84 |
Ch. 6 | The other capitalism | 99 |
Ch. 7 | The economic superiors of the Rhine model | 127 |
Ch. 8 | The social superiority of the Rhine model | 147 |
Ch. 9 | The Rhine model in retreat | 169 |
Ch. 10 | The American hare versus the Rhine tortoise | 191 |
Ch. 11 | The second German lesson | 211 |
Ch. 12 | France at the crossroads of Europe | 230 |
Ch. 12 | Conclusion | 250 |