Capitalism Reconnected : : Toward a Sustainable, Inclusive and Innovative Market Economy in Europe.

Capitalism has gone astray. Today we face ecological exhaustion, persistent inequality, financialization, stress on communities, short-termism, and new power concentrations. An avalanche of new economic thinking and a reorientation of European values show the way toward a different economy. A new pe...

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Place / Publishing House:Amsterdam : : Amsterdam University Press,, 2023.
©2024.
Year of Publication:2023
Edition:1st ed.
Language:English
Physical Description:1 online resource (401 pages)
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Other title:Frontmatter --
By way of introduction --
Table of contents --
Chapter 1: Introduction: From the Challenge of 2015 to the Shock of 2022 --
Chapter 2: Europe's 250-Year Project... --
Chapter 3: Triumphant Capitalism: The Bold Assumptions of an Overconfident Age --
Chapter 4: Europe's Confusion and Reorientation --
Chapter 5: The First Pillar of Renewal: Ideals about a Good Economy --
Chapter 6: The Second Pillar of Renewal: Inspiration from Revaluing Europe's Story --
Chapter 7: The Third Pillar of Renewal: Ideas about Economics --
Chapter 8: The Fourth Pillar of Renewal: Indicators --
Chapter 9: The Fifth Pillar of Renewal: Institutions and the Multiactor Approach --
Chapter 10: The Flying Wheel of Responsible Innovation (A): The 'Makers' of a New Economy (Business, Finance, Consumers) --
Chapter 11: The Flying Wheel of Responsible Innovation (B): The 'Embedders' of a New Economy (Government, Nature, Community, Civil Society) --
Chapter 12: The Flying Wheel of Responsible Innovation (C): The 'Critical Innovators' of a New Economy (Media, Research and Education, Imaginative Reflection) --
Chapter 13: A New World Order is Emerging --
Chapter 14: Europe's Contribution to Tomorrow's World --
Chapter 15: In Conclusion: Challenges and Recommendations for a Rejuvenated Europe --
Epilogue: Towards an Economics of Hope --
Attachment 1: Overview of online dialogue sessions - Fall 2021 --
Endnotes --
Bibliography --
Index of Names --
Index of Subjects --
About the authors
Summary:Capitalism has gone astray. Today we face ecological exhaustion, persistent inequality, financialization, stress on communities, short-termism, and new power concentrations. An avalanche of new economic thinking and a reorientation of European values show the way toward a different economy. A new perspective is necessary if we want to implement the Sustainable Development Goals and if we consider our planet as 'Our Common Home,' for present and future generations. This book argues that European economies should be the initiators of a global transition toward a sustainable and inclusive world economy. Together, amid severe geopolitical and geoeconomic challenges, they need to develop their own perspective on what a good economy really is, in distinction to Chinese state capitalism and American big business capitalism. Crucially, this requires the rediscovery of key European values, a coherent view on responsible capitalism, and a new self-awareness as a global player for the Common Good in today's and tomorrow's world.
ISBN:9048562643
Hierarchical level:Monograph