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Takata: Airbag-maker files for bankruptcy
Japanese firm faces billions of dollars of liabilities linked to the biggest ever automotive recall.


Crown Resorts staff jailed for enticing Chinese gamblers
Three Australian Crown Resorts employees broke the law by enticing Chinese high-rollers to casinos.


Italy forced to bail out two more banks for 5.2bn euros
Rome will spend at least 5.2bn euros to rescue Banca Popolare di Vicenza and Veneto Banca.


Lord Adonis: Brexit delay over Heathrow must end
Political uncertainty must not hold up Heathrow airport plans, says the top infrastructure adviser.


Co-operative Bank no longer up for sale
The bank says it expects to make a further announcement on fund-raising plans to safeguard its future.



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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