From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.

The Future of Capitalism

Brought to you by Penguin. Deep new rifts are tearing apart the fabric of Britain and other Western societies: thriving cities versus the provinces, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit and the return of the far right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts - economic, social and cultural - with the cool head of pragmatism, rather than the fervour of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world's most distinguished social scientists, he shows us how to save capitalism from itself - and free ourselves from the intellectual baggage of the 20th century. 'In this bold work of intellectual trespass, Paul Collier, a distinguished economist, ventures onto the terrain of ethics to explain what's gone wrong with capitalism, and how to fix it. To heal the divide between metropolitan elites and the left-behind, he argues, we need to rediscover an ethic of belonging, patriotism, and reciprocity. Offering inventive solutions to our current impasse, Collier shows how economics at its best is inseparable from moral and political philosophy' Michael Sandel, author of What Money Can't Buy and Justice 'The Future of Capitalism is the most revolutionary work of social science since Keynes. Let's hope it will also be the most influential. These times are in desperate need of Paul Collier's insights.' George Akerlof, Nobel Laureate in Economics, 2001 'For thirty years, the centre left of politics has been searching for a narrative that makes sense of the market economy. This book provides it' John Kay, Fellow of St John's College, Oxford and the author of Obliquity and Other People's Money ©2018 Paul Collier (P)2018 Penguin Audio

Brought to you by Penguin. The idea that people are basically driven by individualism and economic incentives, and that prosperity and good societies come from top-down leadership, has dominated politics for the last thirty years (from some perspectives, much longer). This book shows that the age of homo economicus and centralisation is coming to an end. Instead, Collier and Kay argue that community and mutuality will be the drivers of successful societies in the future - as they are already in some parts of the world. They show how politics can reverse the move to extremes of right and left in recent years, that the centre can hold, and that if we think differently we can find common ground to the benefit of all. © John Kay, Paul Collier 2020 (P) Penguin Audio 2020

Greed Is Dead

Brought to you by Penguin. The world-renowned economist offers a ground-breaking new vision for inclusive prosperity Left behind places can be found in prosperous countries—from South Yorkshire, integral to the industrial revolution and now England’s poorest county, to Barranquilla, once Colombia’s portal to the Caribbean and now struggling. More alarmingly, the poorest countries in the world are diverging further from the rest of humanity. Why have these places fallen further behind? And what can we do about it? World-renowned development economist Paul Collier has spent his life working in neglected communities. In this book he offers his candid diagnosis of why some regions and countries are falling further behind, and a new vision for how they can catch up. Collier lays the blame for widening inequality on stale economic orthodoxies that prioritize market forces and centralized bureaucracies like the UK Treasury. In contrast, a new wave of academic research has revealed the crucial role of collective learning, social capital and local agency in reversing decline and equalising life-chances. Drawing on insights from social psychology, moral philosophy and behavioural economics, as well as a range of illuminating case studies, Collier shares a galvanizing vision for a more inclusive, prosperous world. ©2024 Paul Collier (P)2024 Penguin Audio

Left Behind

El éxodo de cada individuo es un triunfo del espíritu, el valor y el ingenio humano sobre las barreras que imponen los ricos. Desde este punto de vista, cualquier política migratoria que no sea la de puertas abiertas parece miserable. No obstante, la propia inmigración también puede tildarse de egoísta: los emprendedores dejan a su suerte a los menos capacitados. En este ensayo Paul Collier intenta responder a todas las preguntas que plantea el movimiento migratorio, prestando especial atención al lado que nunca vemos: el de los que quedan atrás. Con rigor y sin más dramatismo que el que aportan los datos, construye el marco esencial para comprender la emigración en relación con la desigualdad.

Noema

Éxodo

El mundo es cada vez menos pobre en general: la verdadera crisis radica en unos 50 "estados fallidos", que suman unos mil millones de personas: esos mil millones que siempre están en la parte baja de todas las tablas. Con este libro, Collier arroja nueva luz sobre ese grupo de pequeñas naciones, a las que el mundo occidental deja "por imposibles" y que se enfrentan, en muchos casos, a una situación límite. Señala las trampas que les impiden superar sus problemas: guerras civiles, corrupción, excesiva dependencia de los recursos naturales, malas compañías de sus países vecinos...

El club de la miseria

Paul Collier sigue la senda trazada en su éxito anterior, El club de la miseria (Turner, 2008), centrándose en las guerras y golpes de estado: su triste recurrencia, sus razones y sus posibles soluciones. En su línea imaginativa, sensata y políticamente incorrecta, Collier argumenta por qué la democracia "al estilo occidental" puede ser una trampa para los países subdesarrollados, y analiza con datos de primera mano la tensa situación política de las naciones más pobres del mundo. Lectura fundamental para todos los interesados en el desarrollo y la cooperación, y una lectura apasionante sobre el mundo en el que vivimos y sus males de fondo.

Guerra en el club de la miseria

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