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Confronting Capitalism
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Table of Contents

CONTENTS

Introduction: Creating High-Performance Capitalism 1

Chapter 1: The Persistence of Poverty 17

Chapter 2: Income Inequality on the Rise 29

Chapter 3: Workers under Siege 63

Chapter 4: Job Creation in the Face of Growing Automation 79

Chapter 5: Companies not Covering Their “Social Costs” 95

Chapter 6: Environment Exploitation 105

Chapter 7: Business Cycles and Economic Instability 115

Chapter 8: The Dangers of Narrow Self-Interest 135

Chapter 9: The Debt Burden and Financial Regulation 147

Chapter 10: How Politics Subverts Economics 167

Chapter 11: Capitalism’s Short-Term Orientation 181

Chapter 12: Questionable Marketing Outputs 189

Chapter 13: Setting the Right GDP Growth Rate 199

Chapter 14: Creating Happiness as Well as Goods 211

Epilogue 225

Notes 227

index

About the Author

Philip Kotler is one of the world's foremost experts on the strategic practice of marketing, voted the first Leader in Marketing Thought by the American Marketing Association. The S.C. Johnson & Son Distinguished Professor of International Marketing at the Kellogg School of Management of Northwestern University, he is the author of many influential books, including Marketing Management and Kotler on Marketing. He lives in Evanston, Illinois.

Reviews

..". timely book that provides a great overview of the issues facing capitalism. For anyone looking to get up to speed with these issues..." --Stock Ideas

..".excellent book because it sends this very clear message to workers, bankers, industrialists, CEOs, politicians and presidents." --BlogCritics

..".the author's prescriptions for change which are likely to be wildly controversial." --Leading Business Books

..".this well-written, heartfelt argument deserves to be read because it will make you think..." --Strategy+Business

..".timely and excellent study of business forces. Rather than a rejection of capitalism, this book focuses on how to return capitalism to a more sustainable model." --San Francisco Book Review

..".written for anyone interested in a common sense understanding of today's economic malaise; how we got here, where we're going, and how we can turn this around..." --Another Opinion

..".[Kotler's] writing on behalf of all business; large corporations as well as one-person firms, mom-and-pop shops, small businesses and everyone in between." --Small Business Trends

"[Kotler] does for the pitfalls of capitalism what Thomas L. Friedman did in explaining globalization in The World Is Flat. This deserves a wide readership." --Library Journal

"Brings a fresh perspective on what capitalism is and how different variations of it are in existence in the world today...tackles multiple issues with conciseness" --Book Barrage

"Confronting Capitalism does something I have not seen before. It takes economics and puts it on a practical human scale." --Evil Cyclist

"Critics of capitalism are not in short supply.. But when the critic is Philip Kotler, capitalism needs to sit up and take notice." --Financial Times

"Every so often a respected economist writes a book that's not just highly readable but that contains analyses and viable solutions to vexing economic and societal problems." --Changing Winds

"If you want to understand what's really wrong with our present system of Capitalism running amok, you'll have to read Kotler's book." --Huntington News

"Those who have even the remotest connection to the levers of power should be locked in a room and forced to digest Kotler's analysis and act upon it." --Darren Ingram Media

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