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The future of capitalism

Bruce Lloyd (South Bank University, London, UK)
Lester Thurow (Professor of Management and Economics at MIT and author of Head to Head, The Zero Sum Society on his latest book, The Future of Capitalism (Nicholas Brealey, 1996) UK)

Leadership & Organization Development Journal

ISSN: 0143-7739

Article publication date: 1 April 1997

2205

Abstract

In discussion with Bruce Lloyd, Lester Thurow, Professor of Management and Economics at The Massachusetts Institute of Technology, talks about his new book The Future of Capitalism. Despite the end of communism, or perhaps because of it, Thurow argues that capitalism will be under considerable pressure in the years ahead. These challenges arise from demographic factors, including increased trends for more global mobility; as well as the impact on the global economy of the new knowledge‐based industries, which are going to create both new opportunities for inequality at the same time as reinforcing old inequalities. Thurow argues strongly that we need to combine an understanding of these pressures and trends, with a willingness, and ability, to intervene effectively, if we are to be optimistic about the economic development of the world as a whole in the years ahead.

Keywords

Citation

Lloyd, B. and Thurow, L. (1997), "The future of capitalism", Leadership & Organization Development Journal, Vol. 18 No. 2, pp. 93-98. https://doi.org/10.1108/01437739710168454

Publisher

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MCB UP Ltd

Copyright © 1997, MCB UP Limited

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