A New Spirit of Capitalism

Examines the future of the world economic order in the context of major global trends such as climate change, digitisation and rising inequalities.

A New Spirit of Capitalism examines the current scepticism surrounding capitalism, which is increasingly questioned for its viability amidst rising inequalities, climate change, and digital disruptions. Capitalism remains the greatest engine of material well-being the world has ever seen, yet this book does not blindly defend the system. Instead, it advocates for concrete proposals to place capitalism on a more socially and environmentally sustainable path.

Often, dialogues about capitalism's future mistakenly regard it as a homogeneous socio-economic system, leading to one-size-fits-all solutions for its shortcomings. This book diverges from that approach by exploring the transition needed from capitalism's multi-faceted nature. The contributors address challenges such as the green transition, the digital revolution, and spiralling inequalities, acknowledging the difficult trade-offs each capitalist model must navigate regarding growth, efficiency, and stability. Thus, the solutions proposed may vary significantly across different contexts.