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The future of capitalism

The future of capitalism In discussion with Bruce Lloyd, Lester Thurow, Professor of Management and Economics at The Massachusetts Institute of Technology, talks about his new book The Future of Capitalism . Despite the end of communism, or perhaps because of it, Thurow argues that capitalism will be under considerable pressure in the years ahead. These challenges arise from demographic factors, including increased trends for more global mobility; as well as the impact on the global economy of the new knowledge‐based industries, which are going to create both new opportunities for inequality at the same time as reinforcing old inequalities. Thurow argues strongly that we need to combine an understanding of these pressures and trends, with a willingness, and ability, to intervene effectively, if we are to be optimistic about the economic development of the world as a whole in the years ahead. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Leadership & Organization Development Journal Emerald Publishing

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Publisher
Emerald Publishing
Copyright
Copyright © 1997 MCB UP Ltd. All rights reserved.
ISSN
0143-7739
DOI
10.1108/01437739710168454
Publisher site
See Article on Publisher Site

Abstract

In discussion with Bruce Lloyd, Lester Thurow, Professor of Management and Economics at The Massachusetts Institute of Technology, talks about his new book The Future of Capitalism . Despite the end of communism, or perhaps because of it, Thurow argues that capitalism will be under considerable pressure in the years ahead. These challenges arise from demographic factors, including increased trends for more global mobility; as well as the impact on the global economy of the new knowledge‐based industries, which are going to create both new opportunities for inequality at the same time as reinforcing old inequalities. Thurow argues strongly that we need to combine an understanding of these pressures and trends, with a willingness, and ability, to intervene effectively, if we are to be optimistic about the economic development of the world as a whole in the years ahead.

Journal

Leadership & Organization Development JournalEmerald Publishing

Published: Apr 1, 1997

Keywords: Capitalism; Economy; Equal opportunities; Knowledge workers

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