After the fall of state socialism about two decades ago, democracy and market economies were assumed to diffuse worldwide. However, the American financial crisis of 2008, leading to a worldwide economic crisis caused increasing criticism of capitalism. As laissez-faire capitalism, Keynesianism...

In "Common Wealth", Jeffrey D. Sachs-one of the world's most respected economists and the author of The New York Times bestseller "The End of Poverty" offers an urgent assessment of the environmental degradation, rapid population growth, and extreme poverty that threaten global peace and...