"For the first time in history, the globe is dominated by one economic system. Capitalism prevails because it delivers prosperity and meets desires for autonomy. But it also is unstable and morally defective. Surveying the varieties and futures of capitalism, Branko Milanovic offers creative...

The myth of China's democratic capitalists -- Bypassing democracy : regime durability, informal institutions, and political change -- The unofficial and official revival of China's private sector -- Private entrepreneurs' identities, interests, and values -- Diversity in private entrepreneurs'...