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This remarkable, expansive text, explores the impact and ramifications this domineering economic phenomenon has had over our personal and social liberties. In this epoch of capitalist globalisation, Peter Nolan argues that capitalist freedom is a two-edged sword, and its contradictions have intensified, threatening the natural environment, and intensifying global inequality.
'Explores the search for globally cooperative solutions that contain the contradictions inherent within the capitalist system, focusing on the roles of the United States, China and the Islamic world.' —‘Journal of Economic Literature’
Acknowledgements; Prologue: Conflict or Cooperation?; Part 1. Capitalism’s Contradictory Character; Part 2. Groping for a Way Forward: Conflict or Cooperation?; Conclusion: Searching for the Middle Way; Tables; Notes; Bibliography; Index