Capitalism, Alone

In 'Capitalism, Alone', Branko Milanovic explores how capitalism has become the sole economic system worldwide, examining its varieties, such as liberal meritocratic capitalism and political capitalism.

He discusses the challenges and moral implications of capitalism, emphasizing the need to improve it for a more equitable future.

The book delves into the competition between different capitalist models, notably between the U.S.

and China, and their implications for global development.