Paradoxes of Prosperity: Why the New Capitalism Benefits All

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Diane Coyle brings us a book about why the New Economy with its prospect of improved productivity, faster growth, greater riches and full employment is causing an anti-globalization and anti-capitalism revolution. Political consequences of a new technological framework will undermine certain power elites just as the Industrial Revolution undermined the landed aristocracy. Furthermore, and paradoxically, it was the 1990s boom and affluence that led to peopleĀ's anxiety and insecurity and propelled them to protest. For the first time in nearly 40 years, young people were taking to the streets in mass anti-globalization riots. Local people were stopping projects led by multinationals.

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About the Author:

Diane Coyle is a consultant and columnist for The Independent. After getting her Ph.D. from Harvard, she spent a year at the U.S. Treasury. She worked in the private sector and is an economist and a writer specializing in business, technology, and global economics. She was the Economics Editor for The Independent for eight years and in 2000 was the winner of the prestigious Wincott Award for Senior Financial Journalist. She is currently Managing Director of Enlightenment Economics, a consultancy, and a Visiting Research Fellow at the London School of Economics' Center for Economic Performance. Diane has written three other books: Paradoxes of Prosperity, The Weightless World and Governing the World Economy. She lives in London with her family

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[Coyle] has performed a commendable service by demonstrating the urgency and difficulty of the issues. -- The New York Times

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9781587990823: Paradoxes of Prosperity: Why the New Capitalism Benefits All

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