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Turbo-Capitalism
Essay # 45130
Turbo-Capitalism
Examines the concept of turbo-capitalism and the need to restrain the free market economy, using Edward Luttwak's work as a reference.
1,400 words (approx. 5.6 pages) |
6 sources |
2002
Paper Summary:
Writing as an established conservative thinker and analyst, Edward Luttwak has made a substantial critique of contemporary economics in his book, "Turbo Capitalism: Winners and Losers in the Global Economy". Luttwak agrees that the shift within "free-enterprise Capitalism" to what he calls "turbo-Capitalism" is only a matter of degree, but he also argues that this shift has been sufficient to create an ongoing dynamic of structural change that is destroying lives, families, firms, entire industries, communities, and even nations. Luttwak is concerned by the adverse social impact of a "supercharged" form of global capitalism that emerged in the 1990s. He articulates a form of social conservatism that restores economics to its proper relationship with the social and environmental spheres.More papers on Turbo-Capitalism:
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APA Citation:
Turbo-Capitalism (2012, January 15). Retrieved February 12, 2012, from http://www.academon.com/Essay-Turbo-Capitalism/45130
MLA Citation:
"Turbo-Capitalism" 15 January 2012. Web. 12 Feb. 2012. <http://www.academon.com/Essay-Turbo-Capitalism/45130>
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