This book directly confronts uncomfortable questions that many prefer to brush aside: if economists and other scholars, politicians, and business professionals understand the causes of economic crises, as they claim, then why do such damaging crises continue to occur? Can we trust business and...

There is no one better qualified to tell us about the failures of the American financial system and the grotesque abuses that have taken place in recent years than John Bogle, who as founder and former chief executive of the Vanguard mutual funds group has seen firsthand the innermost workings...

This wise and optimistic book examines the rampant scandals that plague American corporations today and shows how companies can reverse the resulting climate of mistrust. By seizing the opportunity to address some of the nation’s-and the world’s-most serious problems, business can strengthen...

Frontmatter -- CONTENTS -- Foreword -- Preface -- ONE. The March of Capitalism -- TWO. The Challenge of Slow Growth -- THREE. American Contracts -- FOUR. The Soviet Bloc in Transition -- FIVE. The Chinese Puzzle -- SIX. Japan at the Crossroads -- SEVEN. Whither Northern Europe? -- EIGHT....

Frontmatter -- CONTENTS -- CONTRIBUTORS -- PREFACE -- INTRODUCTION -- 1. CONTRACTARIAN METHOD, PRIVATE PROPERTY, AND THE MARKET ECONOMY -- 2. THE VAGARIES OF CONSENT: A RESPONSE TO JOHN GRAY -- 3. CONTRACTUALISM AND PROPERTY SYSTEMS -- 4. A CONTRACTUAL JUSTIFICATION OF REDISTRIBUTIVE CAPITALISM...