Political Economy of Tomorrow - by Marc Chandler (Paperback)
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<p/><br></br><p><b> About the Book </b></p></br></br>Since the financial crisis of 2007-2008, the future of capitalism remains a hotly debated subject. Tracing the path of the American and global economy over the twentieth century, "The Political Economy of Tomorrow" shows that the most significant problems of the economic system arise not from capitalism's weaknesses, but its strengths.<p/><br></br><p><b> Book Synopsis </b></p></br></br><p>Since the financial crisis of 2007-2008, the future of capitalism remains a hotly debated subject. Tracing the path of the American and global economy over the twentieth century, <em>Political Economy of Tomorrow </em>shows that the most significant problems of the economic system arise not from capitalism's weaknesses, but its strengths. Picking up where journalist and presidential adviser Charles Conant left off over a century ago, renowned foreign exchange strategist and professor Marc Chandler (<em>Making Sense of the Dollar</em>) squares off against conventional understanding of international economics by suggesting that the challenge modern economies face is not scarcity, but surplus.</p> <p>Exploring the past and considering the present, Chandler makes big ideas accessible as he examines the economic and social conditions that helped modern capitalism thrive and deal with surplus. By showing how changing social relationships construct a new motor for our economic engine and a new accommodation to the surplus, <em>Political Economy of Tomorrow</em> offers compelling arguments for what lies ahead for society in advanced capitalist countries.</p><p/><br></br><p><b> Review Quotes </b></p></br></br><br><p>"In<em> Political Economy of Tomorrow</em>, Marc Chandler tackles several of the critical societal issues of our day...with a twist. In first laying out his understanding of our post WWII global political economy and then providing us an especially insightful framework for what might be, Marc presents a piece that is at once smart, thoughtful and provocative. A must read." <strong>--Bill Lipschutz, CIO of Hathersage Capital Management</strong></p> <p>"Marc Chandler has long been one of Wall Street's masters in calling the short-term moves in capital markets. In <em>Political Economy of Tomorrow</em>, he gives us a framework for looking at the very long-term. Many of us have fixed economic terms of reference, but this book--without too many numbers and without any Greek letters--gives a new way of trying to understand the way the world is moving. Bretton Woods, and now Reagan-Thatcher have had their day; Chandler helps cut through the uncertainty to look at the third post-war economic paradigm which is now emerging. For many, including me, it will be revelatory." <strong>-- John Authers, Senior Investment Commentator, Financial Times</strong></p> <p> "A masterly account of the tectonic shifts that shape our economic, social, and political future. At a time of great change and political upheaval, a book that offers perspective, direction and hope." <strong>--Zoltan Pozsar, FID Global Strategy and Economics</strong></p><br><br><p>"A masterly account of the tectonic shifts that shape our economic, social, and political future. At a time of great change and political upheaval, a book that offers perspective, direction and hope." <strong>--Zoltan Pozsar, FID Global Strategy and Economics</strong></p><br><br><p>"Marc Chandler has long been one of Wall Street's masters in calling the short-term moves in capital markets. In <em>Political Economy of Tomorrow, </em> he gives us a framework for looking at the very long-term. Many of us have fixed economic terms of reference, but this book--without too many numbers and without any Greek letters--gives a new way of trying to understand the way the world is moving. Bretton Woods, and now Reagan-Thatcher have had their day; Chandler helps cut through the uncertainty to look at the third post-war economic paradigm which is now emerging. For many, including me, it will be revelatory." <strong>--John Authers, Senior Investment Commentator, Financial Times</strong></p><br>
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