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Shazam! Apple buys music recognition app
Rivalry against Spotify and augmented reality ambitions are two possible reasons for the takeover.


HSBC prosecution threat in US lifted
The bank's five-year probation in the US that followed allegations of Mexican money laundering is over.


HP laptops found to have hidden keylogger
A researcher finds more than 460 models have the hidden software pre-installed.


Bitcoin futures trading begins on CBOE exchange in Chicago
Bitcoin rises 17% to above $18,000 on its futures debut, a move seen as legitimising the currency.


Major Forties oil pipeline to be closed for repairs
The Forties pipeline's owner Ineos says that, despite pressure being reduced, a crack has extended.



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Paul Krugman

Pessimism and Paralysis in the Aftermath of the Financial Crisis
Remember when U.S. workers supposedly couldn’t be employed? read more...




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Confronting Capitalism: Real Solutions for a Troubled Economic System

by Philip Kotler

Published by AMACOM


A sweeping analysis of capitalism's challenges -- and a bold new direction for the future.

With the fall of the Berlin Wall, one economic model emerged triumphant. Capitalism -- spanning a spectrum from laissez faire to authoritarian -- shapes the market economies of all the wealthiest and fastest-growing nations.

But trouble is cracking its shiny veneer. In the U.S., Europe, and Japan, economic growth has slowed down. Wealth is concentrated in the hands of a few; natural resources are exploited for short-term profit; and good jobs are hard to find.

With piercing clarity, Philip Kotler explains 14 major problems undermining capitalism, including persistent poverty, job creation in the face of automation, high debt burdens, the disproportionate influence of the wealthy on public policy, steep environmental costs, boom-bust economic cycles, and more.

Amidst its dire assessment of what's ailing us, Confronting Capitalism delivers a heartening message: We can turn things around. Movements toward shared prosperity and a higher purpose are reinvigorating companies large and small, while proposals abound on government policies that offer protections without stagnation. Kotler identifies the best ideas, linking private and public initiatives into a force for positive change.

Combining economic history, expert insight, business lessons, and recent data, this landmark book elucidates today's critical dilemmas and suggests solutions for returning to a healthier, more sustainable Capitalism -- that works for all.


pub date: 2015-04-08 | Hardcover | 9780814436455