Crisis after crisis reveals rising inequality, stagnant growth, environmental degradation, and the systemic fractures exposed by COVID-19.
While some call for the end of capitalism, the real solution lies in improving it by leveraging creative destruction—the force that disrupts yet has driven two centuries of unprecedented prosperity.
Drawing on cutting-edge research, Aghion, Antonin, and Bunel explore core economic issues such as growth, inequality, globalization, technological revolutions, and climate change.
They argue that innovation fueled by market capitalism has raised living standards, but must be balanced by state intervention to manage its social consequences and prevent entrenched elites from blocking future progress.
