Not Paying the Rent: Imagining a Fairer Capitalism

Wilcock, Neil; Federzoni dos Santos, Edgar

This is a conversational book with chapters directly followed by responses from experts. The main authors propose that the failure in development is not due to capitalism but rather rentism, which is earnings based on political rather market returns. Rent prevents development and ingrains social and economic inequalities. Using the case study of Brazil’s economic development, it is shown how development fails because policies Brazil and other low to middle-income countries promote do not overcome the main obstacle to development - rent. The overcoming of rent would occur within a model of globalisation whereby the advanced economics still prosper concurrently as the poorest countries grow, all underpinned by international organisations defending a rule-based globalisation. 

Details

Published by: Palgrave Macmillan

Publication Date: 2022-09-22

Format: Paperback

ISBN-13: 9783030788636

DOI: 10.1007/978-3-030-78861-2

Dimensions: 210.0cm x148.0cm

Pages: 192.0