At first, one might be tempted to toss this book aside. Milanovic, who used to be lead economist at the World Bank’s research department, is a specialist in global inequality. He esteems the work of Thomas Piketty. He spends a great deal of time on proposals to make “liberal meritocratic capitalism,” his name for the economic system we live in, more egalitarian. If you care more about doing well than about whether people are “equal,” why bother with Capitalism, Alone?
In answer, the book has some good insights, along with bad but instructive arguments.
|