Contemplating the future: Mutating capitalism

Department

Statistics and Analytical Sciences

Additional Department

Statistics and Analytical Sciences

Document Type

Article

Publication Date

12-1-2019

Abstract

After the fall of international communism in the former Soviet Union, capitalism has remained the only viable option for managing the economy. Economic and financial problems of capitalism of recent times, however, have brought forth debate about the role and shape of capitalism, and mainly its future. These problems have made it very clear that unbridled capitalism may not produce the proclaimed prosperity. Some have questioned its future viability in the present form and predicated its metamorphosing into a different kind that could make it more beneficial to the people and more resilient to survive. Questions regarding its future shape and form and the reasons for such predication are the subject of this article.

Journal Title

Thunderbird International Business Review

Journal ISSN

1096-4762,1520-6874

Digital Object Identifier (DOI)

10.1002/tie.22113

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