Radical Markets: Uprooting Capitalism and Democracy for a Just Society

authored by

Philippe van Basshuysen

Abstract

Many blame today’s economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking on its head. With a new foreword by Ethereum creator Vitalik Buterin and virtual reality pioneer Jaron Lanier as well as a new afterword by Eric Posner and Glen Weyl, this provocative book reveals bold new ways to organize markets for the good of everyone. It shows how the emancipatory force of genuinely open, free, and competitive markets can reawaken the dormant nineteenth-century spirit of liberal reform and lead to greater equality, prosperity, and cooperation. Only by radically expanding the scope of markets can we reduce inequality, restore robust economic growth, and resolve political conflicts. But to do that, we must replace our most sacred institutions with truly free and open competition—Radical Markets shows how.

External Organisation(s)

London School of Economics and Political Science

Type

Article

Journal

Review of Political Economy

No. of pages

350

Publication date

02.01.2019

Publication status

Published

Peer reviewed

Yes

Sustainable Development Goals

SDG 8 - Decent Work and Economic Growth, SDG 10 - Reduced Inequalities, SDG 16 - Peace, Justice and Strong Institutions

Electronic version(s)

https://doi.org/10.1080/09538259.2019.1596564 (Access: Closed)