Common Wealth Economics for a Crowded Planet

ISBN-10: 1594201277
ISBN-13: 9781594201271
Edition: 2008
Authors: Jeffrey D. Sachs
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Description: From one of the world's greatest economic minds, author of The New York Timesbestseller The End of Poverty, a clear and vivid map of the road to sustainable and equitable global prosperity and an augury of the global economic collapse that lies  More...

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Book details

List price: $27.95
Copyright year: 2008
Publisher: Penguin Group (USA) Incorporated
Publication date: 3/18/2008
Binding: Hardcover
Pages: 400
Size: 6.75" wide x 10.25" long x 1.50" tall
Weight: 1.496
Language: English

From one of the world's greatest economic minds, author of The New York Timesbestseller The End of Poverty, a clear and vivid map of the road to sustainable and equitable global prosperity and an augury of the global economic collapse that lies ahead if we don't follow it The global economic system now faces a sustainability crisis, Jeffrey Sachs argues, one that will overturn many of our basic assumptions about economic life. The changes will be deeper than a rebalancing of economics and politics among different parts of the world; the very idea of competing nation-states scrambling for power, resources, and markets will in some crucial respects become pass. The only question is how bad it will have to get before we face the unavoidable. We will have to learn on a global scale some of the hard lessons that successful societies have gradually and grudgingly learned within national borders: that there must be common ground between rich and poor, among competing ethnic groups, and between society and nature. The central theme of Jeffrey Sachs's new book is that we need a new economic paradigm-global, inclusive, cooperative, environmentally aware, science-based-because we are running up against the realities of a crowded planet. The alternative is a worldwide economic collapse of unprecedented severity. Prosperity will have to be sustained through more cooperative processes, relying as much on public policy as on market forces to spread technology, address the needs of the poor, and to husband threatened resources of water, air, energy, land, and biodiversity. The "soft issues" of the environment, public health, and population will become the hard issues of geopolitics. New forms of global politics will in important ways replace capital-city-dominated national diplomacy and intrigue. National governments, even the U.S., will become much weaker actors as scientific networks and socially responsible investors and foundations become the more powerful actors. If we do the right things, there is room for all on the planet. We can achieve the four key goals of a global society: prosperity for all, the end of extreme poverty, stabilization of the global population, and environmental sustainability. These are not utopian goals or pipedreams, yet they are far from automatic. Indeed, we are not on a successful trajectory now to achieve these goals. Common Wealthpoints the way to the course correction we must embrace for the sake of our common future.

Foreword
New Economics for the Twenty-first Century
Common Challenges, Common Wealth
Our Crowded Planet
Environmental Sustainability
The Anthropocene
Global Solutions to Climate Change
Securing Our Water Needs
A Home for All Species
The Demographic Challenge
Global Population Dynamics
Completing the Demographic Transition
Prosperity for All
The Strategy of Economic Development
Ending Poverty Traps
Economic Security in a Changing World
Global Problem Solving
Rethinking Foreign Policy
Achieving Global Goals
The Power of One
Acknowledgments
List of Acronyms
Notes
References
Index

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