Bücher von Branko Milanovic

For the first time in history, the globe is dominated by one economic system. Capitalism prevails because it delivers prosperity and meets desires for autonomy. But it also is unstable and morally defective. Surveying the varieties and futures of capitalism, Branko Milanovic offers creative solutions to improve a system that isn't going anywhere.

Branko Milanovic charts 200 years of the fascinating history of the discourse on inequality through portraits of six key economists, from Quesnay to Kuznets. In their work and lives, we see how differently each conceived of inequality, and how the subject, prominent in their times, was eclipsed during the Cold War and has become central once again.

Zum ersten Mal in der Geschichte dominiert ein einziges Wirtschaftssystem den Globus. Von Peking bis Porto Alegre: Ob es uns gefällt oder nicht, heute sind wir alle Kapitalisten. Das Mantra der Alternativlosigkeit gehört längst zum rhetorischen Standardrepertoire von Politikern jeder Couleur. Warum konnte sich der Kapitalismus gegen den Kommunismus durchsetzen? Wie steht es um die Aussichten auf eine gerechtere Welt, nun, da seine Vorherrschaft ohne Konkurrenz ist?Spätestens seit der Finanzkrise zeichnet sich ab, dass zwei Ausprägungen im Wettstreit miteinander liegen: ein liberaler Kapitalismus, der mit rechtsstaatlichen Prinzipien und Demokratie einhergeht, und ein autoritärer, in dem Vetternwirtschaft und politische Willkür an der Tagesordnung sind. Wenn es nicht gelingt, so Milanovic, Herausforderungen und Probleme wie Ungleichheit, Migration oder Korruption zu meistern, ist nicht nur die liberale Wirtschaftsordnung, sondern auch die Demokratie in Gefahr. Aber der Kapitalismus ist ein von Menschen gemachtes System: Unsere Entscheidungen bestimmen, welche Form er in Zukunft annimmt.

We are used to thinking about inequality within countries--about rich Americans versus poor Americans, for instance. But what about inequality between all citizens of the world? Worlds Apart addresses just how to measure global inequality among individuals, and shows that inequality is shaped by complex forces often working in different directions. Branko Milanovic, a top World Bank economist, analyzes income distribution worldwide using, for the first time, household survey data from more than 100 countries. He evenhandedly explains the main approaches to the problem, offers a more accurate way of measuring inequality among individuals, and discusses the relevant policies of first-world countries and nongovernmental organizations. Inequality has increased between nations over the last half century (richer countries have generally grown faster than poorer countries). And yet the two most populous nations, China and India, have also grown fast. But over the past two decades inequality within countries has increased. As complex as reconciling these three data trends may be, it is clear: the inequality between the world's individuals is staggering. At the turn of the twenty-first century, the richest 5 percent of people receive one-third of total global income, as much as the poorest 80 percent. While a few poor countries are catching up with the rich world, the differences between the richest and poorest individuals around the globe are huge and likely growing.