Rev Austrian Econ (2016) 29:99–102 DOI 10.1007/s11138-014-0283-7 Giacomo Corneo, Bessere Welt. Berlin, Germany: Goldegg Verlag, 2014. 368 Pages. 24,90 € (hardcover) Petrik Runst Published online: 2 September 2014 Springer Science+Business Media New York 2014 In Better World, the author presents a broad overview of real and purely conceptual alternatives to the contemporary varieties of capitalism. They range from the platonic Guardian state to Morus’ Utopia and Kropotkin’s Anarchy. The second half of the book is dedicated to various forms of economic planning. It culminates in a stand-off between a model based on John Roemer’s fifth generation market socialism (coupon stock market) (Roemer and Bardhan 1994; also see Stauber 1977) and the Swedish welfare state. While the scope of the book is impressive and this reviewer considers the endeavor of conversing with intelligent lay-people of a left-leaning persuasion a worthy one, the author offers both too much and too little. The first 150 pages are a somewhat tedious read and can be skipped safely (too much). The descriptions of the state philosophers or freely accessible public ware- houses are designed to prepare an audience with little background in economics for the discussion of more pressing issues of modern inequality and
The Review of Austrian Economics – Springer Journals
Published: Sep 2, 2014
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