The Future of Capitalism: Facing the New Anxieties
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- Author：Paul Collier
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Summary
Bill Gates's Five Books for Summer Reading 2019
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。
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。
Reviews
Johan Swanepoel
，
One of the best books I've （ever） read。 Thought-provoking ideas and practical solutions。 You don't have to be an economist to appreciate the alternatives offered by the author to restore the ethical institutions that underly our （market） society。 No matter the environment within which you operate， you'll find value in the insights offered。 Collier makes an impassioned plea for the restoration of ethics in families， firms and states。 Shows that rights goes hand-in-hand with obligations。 Highlight One of the best books I've （ever） read。 Thought-provoking ideas and practical solutions。 You don't have to be an economist to appreciate the alternatives offered by the author to restore the ethical institutions that underly our （market） society。 No matter the environment within which you operate， you'll find value in the insights offered。 Collier makes an impassioned plea for the restoration of ethics in families， firms and states。 Shows that rights goes hand-in-hand with obligations。 Highlights the glaring shortcomings of ideologues and populists by welcoming you to the 'Hard Centre'。 A must read。 。。。more
Himanshu Modi
，
Capitalism as an economic system has definitely created a lot of issues。 But in my head， I can't really grasp what alternative mechanisms could be possible。 Maybe it is my lack of imagination。 But then， if there was a viable alternative mechanism， surely someone somewhere in the world would have implemented it。 Or maybe， the "alternative" has not been implemented simply because the rich in power today just have too much to lose。Either way， I was very interested to read what about a "future" wher Capitalism as an economic system has definitely created a lot of issues。 But in my head， I can't really grasp what alternative mechanisms could be possible。 Maybe it is my lack of imagination。 But then， if there was a viable alternative mechanism， surely someone somewhere in the world would have implemented it。 Or maybe， the "alternative" has not been implemented simply because the rich in power today just have too much to lose。Either way， I was very interested to read what about a "future" where there was an evolution， or alternative， to capitalism， which was more equitable and incentivized the right things in all aspects - social， financial， environmental。However， that is not what the book was about。 There are a lot of things that are described in the book but I ended it without any sort of an answer to what the future of capitalism might be。 Mind you， I didn't disagree much with the points mentioned。 And for all those points I do have to say Paul Collier takes a very balanced view - providing an academic as well as populist point of view。 But for all that intellectual exposition - the title doesn't seem to be addressed all that well。 。。。more
Francesco De Rossi
，
Libro difficile che richiede un minimo di basi di filosofia ed economia che nel mio caso sono spesso mancate。 In questo contesto la lettura risulta a volte difficile， ma per chi conosce il pensiero di Rawl o ha familiarità con Smith e l'uomo economico， allora sarà una lettura più agevole。 Libro sicuramente pragmatico che offre notevoli spunti， e permette di inquadrare in maniera estramamente efficace le ansie che sono esplose nel nuovo millennio。 Assolutamente consigliato a chi vuole essere guid Libro difficile che richiede un minimo di basi di filosofia ed economia che nel mio caso sono spesso mancate。 In questo contesto la lettura risulta a volte difficile， ma per chi conosce il pensiero di Rawl o ha familiarità con Smith e l'uomo economico， allora sarà una lettura più agevole。 Libro sicuramente pragmatico che offre notevoli spunti， e permette di inquadrare in maniera estramamente efficace le ansie che sono esplose nel nuovo millennio。 Assolutamente consigliato a chi vuole essere guidato nel capire come siamo arrivati alle fratture sociali che caratterizzano i nostri tempi。 。。。more
Benedikt
，
Why I should be taxed more！， and other things。
Xiang Li
，
几乎所有的社会问题都可以分别用一种简单的方式or方法解决 really？作者心虽好 但 天真的可爱。。。另极赞同最后对各国政党的评价和期望。
Guido Calderini
，
Did not agree with many of the ideas （particularly the chapter on the family）， but the author provides a clear， interesting and fairly original diagnosis and potential solutions for a series of problems that currently ail the Developed West。 Highly recommended。 If anything， it will make you think。
Richard Thompson
，
Nah， this one didn't do much for me。 Mr。 Collier is a good man。 He is smart， and I agree with a lot of what he says， but I didn't feel persuaded or inspired。 It was all pretty dull。 Much of his critcism of people to the left or the right of him was just labeling and assuming the conclusion。 His suggested fixes were mostly uninteresting - things I had heard before or things that seemed to have little political feasibility。 It would be good for our society to find a way to turn back toward centris Nah， this one didn't do much for me。 Mr。 Collier is a good man。 He is smart， and I agree with a lot of what he says， but I didn't feel persuaded or inspired。 It was all pretty dull。 Much of his critcism of people to the left or the right of him was just labeling and assuming the conclusion。 His suggested fixes were mostly uninteresting - things I had heard before or things that seemed to have little political feasibility。 It would be good for our society to find a way to turn back toward centrist bipartisan solutions to our problems。 I'm not opposed to solutions that rely at least in part on market forces and private enterprise， particularly if they can be used to build a new centrist social concensus。 But to get people to come in from the fringes and back to the center we are going to need a program in the center that is more inspiring than this one and that program will need to be built around leadership with some charisma that people are willing to follow。 This book was at best the tiniest of baby steps in that direction。 。。。more
Simona
，
“Aktivní stát potřebujeme， ale musí se spokojit se skromnější rolí。 Trh potřebujeme， ale musí jej usměrňovat představa smysluplného cíle zasazeného do pevného etického rámce。”“。。。rozhodujíci roli hraje právě zkušenost z předškolního údobí: kolem šestého roku už můžeme predikovat， jaké výkony bude dítě schopné podávat na konci povinné školní docházky [。。。] vklad rodičů [。。。] hraje větší roli než to， čeho školy dosáhnou za dvanáct let。。。”Kniha Budoucnost kapitalismu nám popisuje všetky trendy， kto “Aktivní stát potřebujeme， ale musí se spokojit se skromnější rolí。 Trh potřebujeme， ale musí jej usměrňovat představa smysluplného cíle zasazeného do pevného etického rámce。”“。。。rozhodujíci roli hraje právě zkušenost z předškolního údobí: kolem šestého roku už můžeme predikovat， jaké výkony bude dítě schopné podávat na konci povinné školní docházky [。。。] vklad rodičů [。。。] hraje větší roli než to， čeho školy dosáhnou za dvanáct let。。。”Kniha Budoucnost kapitalismu nám popisuje všetky trendy， ktoré možno pozorovať naprieč celým svetom - rozdiely medzi metropolami a regiónmi， medzi spoločenskými triedami a rozdiel medzi krajinami na globálnej úrovni。 Autor nekĺže len po povrchu， ale v knihe dopodrobna rozoberá príčiny týchto javov， čo sa miestami však prelína až s filozofiou alebo polemizovaním。 Zaujímavejšou je tak druhá polovica knihy， v ktorej sú predostrené určité riešenia daných problémov， ako napríklad zmeny vo firemnej kultúre， vzdelávacom procese， na trhu práce alebo zdanenie renty z aglomerácie （i keď sa nedá súhlasiť so všetkými - niektoré skrátka znejú až príliš ako utópia， bohužiaľ）。 Pozitívne hodnotím dobré príklady z praxe - škoda， že ich v knihe nebolo viac。 Mohli by tak nahradiť východiskové myšlienky autora o pragmatizme a recipročných záväzkoch， ktoré boli svojim viacnásobným opakovaním v texte miestami až rušivé。 。。。more
Janice
，
though there are a couple of ideas I agree with （harmonious family structure tends to lead to a more socially and educationally inclined/successful individual）， I need to remember that this is written from a white， privileged lens。 something that stuck with me was this “Politicians are， first and foremost， communicators。 Building shared identity in a society with diverse cultures and diverse values is necessary for mutual well-being， but challenging: it is a primary duty of leadership。 By shying though there are a couple of ideas I agree with （harmonious family structure tends to lead to a more socially and educationally inclined/successful individual）， I need to remember that this is written from a white， privileged lens。 something that stuck with me was this “Politicians are， first and foremost， communicators。 Building shared identity in a society with diverse cultures and diverse values is necessary for mutual well-being， but challenging: it is a primary duty of leadership。 By shying away from narratives of shared belonging whether of place or purpose， politicians have inadvertence compounded the erosion of the capacities of the paternalism states to meet their obligations。” and then I think back to my interview question - Communication is Intention; Implementation is Policy 。。。more
Ricardo Figueiredo
，
The author essentially explores the great challenges that capitalism faces today and， consequently， increasingly inserted what this represents for countries in a global context。 The great parallelism identified in the book focuses on the post-World War II and post-1980s period。 At the end of World War II， the spirit was of international cooperation， with countries having an enormous desire to ally each other in favor of global goals， culminating in the emergence of institutions such as NATO， the The author essentially explores the great challenges that capitalism faces today and， consequently， increasingly inserted what this represents for countries in a global context。 The great parallelism identified in the book focuses on the post-World War II and post-1980s period。 At the end of World War II， the spirit was of international cooperation， with countries having an enormous desire to ally each other in favor of global goals， culminating in the emergence of institutions such as NATO， the EU， and the United Nations。 Nobody again wanted to face nationalism and the ensuing war。 The author refers to the golden period of capitalism from 1945 to 1970。 After that， starting in the 1980s and reflecting on the present， in emerging phenomena such as Brexit， Independence of Catalonia， Marie Le Pen， or Donald Trump， the author refers that the common policies applied by the institutions have been losing strength and that the inequalities created between the richest and the poorest driven by the difference in the level of education verified between metropolises and other cities accelerates the appearance of populist and nationalist phenomena。 Interesting how the set of measures proposed， from education， family， politics （with a focus on redefining the tax system）， according to the author， may bring back ethical capitalism， not individualistic capitalism。 。。。more
Tom Elliott
，
Despite it's short length and extra-accessible language， The Bottom Billion was one of the most impactful books I read at Uni。 This， then， comes as a huge disappointment。 Firstly， the title couldn't be more misleading - this absolutely isn't about the future of capitalism - Collier's focus is instead much， much smaller， looking at the decline of a center in UK socio-political life。Even then， the first half is an eyebrow-raising read - there are some real stinker false equivalence - trying to bla Despite it's short length and extra-accessible language， The Bottom Billion was one of the most impactful books I read at Uni。 This， then， comes as a huge disappointment。 Firstly， the title couldn't be more misleading - this absolutely isn't about the future of capitalism - Collier's focus is instead much， much smaller， looking at the decline of a center in UK socio-political life。Even then， the first half is an eyebrow-raising read - there are some real stinker false equivalence - trying to blame "the elitist left-vanguard" for eroding any sense of social obligation， while not once mentioning bad actors like Rupert Murdoch or Vote Leave。 Seriously， Brexit wasn't caused by the OK Boomer tiktok。Having said that， in the third part， where Collier tightens his focus on concrete issues and remedies， I found a lot of insight - his sketch of how wealth agglomerates to the skilled-metropolitans and the taxation needed to fix this is worth the price of admission alone。I just can't shape the feeling though that Collier has hit very wide of the mark， and entire paragraphs make him sound like a crochety old bastard - thinking about it again his rant against "victim-culture" and "rights being nonsense-on-stilts" come across as the worst of The Spectator。There's good stuff in here， if you take it all with a pinch of salt， but if you really want to know what the future of capitalism looks like - it ain't this。 。。。more
Leila Chan
，
Accessible and insightful。 I learned quite a lot and Collier has even changed how I think about some things， like immigration。 This is one of the rare books I've considered re-reading， to internalize the ideas a bit more。 Accessible and insightful。 I learned quite a lot and Collier has even changed how I think about some things， like immigration。 This is one of the rare books I've considered re-reading， to internalize the ideas a bit more。 。。。more
Reed Hampton
，
Let me start off this review， by saying that I greatly enjoyed this book。 That said it would be easy for one to go into reading it thinking this is a book about economics given its title。 I personally did not find this to be the case， and that might be a symptom of how economically focused our society currently is， but regardless， I found this book to be more of a analysis and attempted prescription for society's current ailments。This book does an excellent job of speaking at a very macro level Let me start off this review， by saying that I greatly enjoyed this book。 That said it would be easy for one to go into reading it thinking this is a book about economics given its title。 I personally did not find this to be the case， and that might be a symptom of how economically focused our society currently is， but regardless， I found this book to be more of a analysis and attempted prescription for society's current ailments。This book does an excellent job of speaking at a very macro level about the many externalities which affect the functioning of capitalism in relation to individuals （This book barely even touches the surface of the nature of capitalism in regards to a municipal， national， or global level）。 these externalities include discussions regarding the role of the family， the firm， and the state in the life cycle of capitalism as it is experienced by the individual。And while I very much appreciated this alternative perspective on capitalism and its role in the individual's life， personally， I had different expectations for this book going in then what I ended up reading。That said， it is excellently written and articulated in a way that anyone， even those with a minimal understanding of economics， would both learn from and enjoy reading。 As such I am glad to give it four stars for its excellent execution， but I am reticent about giving it a fifth simply because I feel like it was falsely advertised。 。。。more
Griffin Hoover
，
Really interesting read that interweaves sociology， economics， and politics。 First half is more sociological， analyzing the factors that lead to the rise and fall of key pillars of societies - countries， companies， and families。 Second half looks at how economic theories/practices and public policy can be used to benefit the aforementioned pillars。 Collier is driven by data and case studies， and provides a lot of practical solutions。 I appreciate his pragmatism， his impartiality to what he belie Really interesting read that interweaves sociology， economics， and politics。 First half is more sociological， analyzing the factors that lead to the rise and fall of key pillars of societies - countries， companies， and families。 Second half looks at how economic theories/practices and public policy can be used to benefit the aforementioned pillars。 Collier is driven by data and case studies， and provides a lot of practical solutions。 I appreciate his pragmatism， his impartiality to what he believes works （takes shots at the left and right， at populists of all kinds， at individualists and utilitarians）， and his concern for the poor that plays itself out in an ethical， communitarian way， as opposed to the way Mr。 Marx did it。 It required plenty of focus as there were economic theories and terms that took awhile to learn， but overall a solid read and I’ll be looking for more like it in my search for dynamic living in a loud， frantic world。 。。。more
Eugene
，
It is nice to see an economist acknowledge where economics fails and synthesize social psychology， moral philosophy to offer a social policy solution in a practical way。I like Collier's anti-individualism lense on both sides of politics。 I can get behind the movement of an inclusive style of nationalism through shared identity， but I question if even the policy recommendations in the book will be enough to achieve that。I found it a bit hard to follow the structure for the first half of the book It is nice to see an economist acknowledge where economics fails and synthesize social psychology， moral philosophy to offer a social policy solution in a practical way。I like Collier's anti-individualism lense on both sides of politics。 I can get behind the movement of an inclusive style of nationalism through shared identity， but I question if even the policy recommendations in the book will be enough to achieve that。I found it a bit hard to follow the structure for the first half of the book and it felt like Collier was trying to graze the surface of too many different issues。 。。。more
Madi Praf
，
The governments and elected politicians are as good as the citizens that elected them。 A book that every responsible citizen should read to understand the impact of laws， regulations and enforcing rules on today's society。 The governments and elected politicians are as good as the citizens that elected them。 A book that every responsible citizen should read to understand the impact of laws， regulations and enforcing rules on today's society。 。。。more
Bertbarber
，
。。。。。Perhaps three and a half， but not four stars would be about right。 The best thing about this book is that it gets you thinking。 It was a bit wordy， repetitive and jargon rich for me; not as easy a read as I expected from other reviews， but if you persevere it gives you vocabulary and tools to consider some issues surrounding capitalism， which then enables you to comment on it。。。。。。It also allows you to be more specific rather than just general， and once you get specific you are able to anal 。。。。。Perhaps three and a half， but not four stars would be about right。 The best thing about this book is that it gets you thinking。 It was a bit wordy， repetitive and jargon rich for me; not as easy a read as I expected from other reviews， but if you persevere it gives you vocabulary and tools to consider some issues surrounding capitalism， which then enables you to comment on it。。。。。。It also allows you to be more specific rather than just general， and once you get specific you are able to analyse and consider some solutions。 Too much media and personal opinion is the opposite to this; really just a glorified moan。。。。。。And it does also give an interesting critique of the problems capitalism is creating in our times; these times being a peculiar mix of various ideologies and so called populism that seems a constant theme。 The headless heart and heartless head ideas were catchy; and I think useful albeit a little binary。。。。。。The talk of agglomeration， rent， fairness and market failure and also ethical or moral capitalism is all very interesting; but the failure for me was how all this is going to be solved。 While problems were clearly defined， the solutions of Ethical Maternalism and instilling community values just seemed vague and unrealistic within the current global set-up。 Another idealistic view to add to the mix。。。。。Taxing capital （not just labour） seemed a good idea though and encouraging families to take responsibility; pushing obligations as well as rights; to me that seemed a reasonable idea too。。。。。。So overall I liked it， but it was too verbose and let down by the weakness of proposed solutions which are declared a little too confidently in its conclusions。 Its main points could have been clearly made in half the time; and an admission of its rather hopeful and woolly conclusions for me would have made it a better book。 。。。more
Senthil Padmanabhan
，
A good follow-up to The Infinite Game。 In recent years there has been an ongoing debate on capitalism， the fabric of many societies。 I picked up this book to delve into that topic。 Milton Friedman published the Free Market Manifesto 50 years ago， which set the path to modern capitalism。 A lot has changed since then。 Any manifesto is subjective to interpretation， and the author believes some took Friedman’s guidelines to an extreme。 With the new voices now， I trust capitalism will evolve in the r A good follow-up to The Infinite Game。 In recent years there has been an ongoing debate on capitalism， the fabric of many societies。 I picked up this book to delve into that topic。 Milton Friedman published the Free Market Manifesto 50 years ago， which set the path to modern capitalism。 A lot has changed since then。 Any manifesto is subjective to interpretation， and the author believes some took Friedman’s guidelines to an extreme。 With the new voices now， I trust capitalism will evolve in the right direction， where the system serves employees， customers， community， and then shareholders and not the other way round。 I can already see it happening。 。。。more
Sam
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A brief， centrist manifesto for building back society。 Excellent analysis grounded in personal experience。
KatieMc
，
Too academic for my liking。 I got the gist， but the point was not well driven home for me。
Shreyas Gundale
，
This book gives a very objective view about rising anxieties in the society and how that affects an individual's relationship within a family， at work and with the state。 My biggest takeaway is: Capitalism is not an organic state and it must rest on a bed of empathy and citizenship！ This book gives a very objective view about rising anxieties in the society and how that affects an individual's relationship within a family， at work and with the state。 My biggest takeaway is: Capitalism is not an organic state and it must rest on a bed of empathy and citizenship！ 。。。more
Jared Griffiths
，
An interesting take on capitalism， where it's gone wrong and feasible ways we could look to correct course。。 a great read An interesting take on capitalism， where it's gone wrong and feasible ways we could look to correct course。。 a great read 。。。more
Lydia
，
this book made me want to have children lolol
Yuri Huanca
，
Interesante punto de vista respecto de cómo enfrentar los problemas que se derivan del capitalismo y cómo estar atento a dos fenómenos actuales que lo impiden: la ideología （izquierda/derecha） y el populismo。
Rajesh Kurup
，
FYI， Bill Gates's review is terrific。 I read this book because it was recommended by both Barack Obama and him。 I picked this up just after I finished the New Geography of Jobs， both of which are must reads along with Richard Florida's The New Urban Crisis。The future of Capitalism is particularly compelling as we enter the post-Trump era。 There is a tremendous amount of discontent with Capitalism， rightfully so and a growing interest in Socialism。 Capitalism is causing three main rifts; between FYI， Bill Gates's review is terrific。 I read this book because it was recommended by both Barack Obama and him。 I picked this up just after I finished the New Geography of Jobs， both of which are must reads along with Richard Florida's The New Urban Crisis。The future of Capitalism is particularly compelling as we enter the post-Trump era。 There is a tremendous amount of discontent with Capitalism， rightfully so and a growing interest in Socialism。 Capitalism is causing three main rifts; between booming cities and struggling rural areas， between the educated and skilled and the unskilled and a global divide between rich countries and fragile states。 He writes of the virtuous cycle for those benefiting from the vicious cycle affecting othersIn the post-WWII era， the world came together through a shared identity fostered by the sense of belonging to one another， obligations to one another and seeing the positive effects of helping ones neighbor or countryman。 As globalization broke down location-based belonging and obligation， the negative effects of Capitalism accelerated。 （Blame Maggie and Ronnie）。 He also discusses how families at the top of the ladder are creating dynasties at the expense of those harder hit by Capitalism。 He argues that this can be reversed through stronger global institutions， such as the EU and NATO， through better corporate governance， particularly if it steers corporate goals away from pure profit motivation。 A controversial fix is the idea of location AND income based taxation。 He posits that educated elites benefit from living and working near knowledge hubs。 Tax policy would redistribute those benefits by distributing income to rural areas。 The investment would be used to create new jobs and industries hit by job losses from shuttered factories or super-farms。 The ideas are important now because of the growing global discontent。 I believe that a progressive agenda can steer Capitalism to benefit entire societies， not just those who are born into a virtuous cycle。 I can get on board with stricter anti-trust laws and creating socioeconomically diverse schools and aspects of his tax ideas。 He loses me when he throws blame at identity politics and stress on national identity。 。。。more
Abraham Gimeno
，
This review has been hidden because it contains spoilers。 To view it， click here。 I had high expectations for this book， expectations that unfortunately weren't met。 The book is unnecessarily dense。 The ideas Paul Collier presents should not take more than 50 pages。 The rest unnecessary context that makes it hard to read。 Some proposals areal change capitalism are smart， others pure utopia。 What I found annoying was his continuous attempt to discredit leftism and libertarians， at exactly the same pace and intensity but totally unempirically， as is by doing so his proposals be I had high expectations for this book， expectations that unfortunately weren't met。 The book is unnecessarily dense。 The ideas Paul Collier presents should not take more than 50 pages。 The rest unnecessary context that makes it hard to read。 Some proposals areal change capitalism are smart， others pure utopia。 What I found annoying was his continuous attempt to discredit leftism and libertarians， at exactly the same pace and intensity but totally unempirically， as is by doing so his proposals became more objective and credible。 I give it 3 stars to recognize that he tackled a hard one to crack and for the interesting ideas he's thrown in but I didn't enjoyed reading it。 。。。more
Iain McCormick
，
This is an utterly intriguing book with a very useful and practical way forward for capitalism。
Ruby Sapia
，
Would love it if more "Capitalists" （as in those who have disproportionately benefited from their labor in the form of capital） read this book。 I enjoyed this book， it's not directed towards economists or people in academia， so it's digestible for most people。 My big qualm is that Collier shows us a lot of issues， but his solutions don't seem realistic in today's mega-polarized world。 His solution of bringing us all together and caring for each other is at odds with the ideals of a huge group of Would love it if more "Capitalists" （as in those who have disproportionately benefited from their labor in the form of capital） read this book。 I enjoyed this book， it's not directed towards economists or people in academia， so it's digestible for most people。 My big qualm is that Collier shows us a lot of issues， but his solutions don't seem realistic in today's mega-polarized world。 His solution of bringing us all together and caring for each other is at odds with the ideals of a huge group of people in the US and UK （the two countries he primarily writes about）。 。。。more
Siobhan Harrop-McDiarmid
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Best read by those with an academic background in economics。
Pedro Fernandes
，