The Locust and the Bee

Predators and Creators in Capitalism's Future

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Pub Date Mar 06 2013 | Archive Date Feb 20 2013

Description


The recent economic crisis was a dramatic reminder that capitalism can both produce and destroy. It's a system that by its very nature encourages predators and creators, locusts and bees. But, as Geoff Mulgan argues in this compelling, imaginative, and important book, the economic crisis also presents a historic opportunity to choose a radically different future for capitalism, one that maximizes its creative power and minimizes its destructive force.

In an engaging and wide-ranging argument, Mulgan digs into the history of capitalism across the world to show its animating ideas, its utopias and dystopias, as well as its contradictions and possibilities. Drawing on a subtle framework for understanding systemic change, he shows how new political settlements reshaped capitalism in the past and are likely to do so in the future. By reconnecting value to real-life ideas of growth, he argues, efficiency and entrepreneurship can be harnessed to promote better lives and relationships rather than just a growth in the quantity of material consumption. Healthcare, education, and green industries are already becoming dominant sectors in the wealthier economies, and the fields of social innovation, enterprise, and investment are rapidly moving into the mainstream--all indicators of how capital could be made more of a servant and less a master.

This is a book for anyone who wonders where capitalism might be heading next--and who wants to help make sure that its future avoids the mistakes of the past.


The recent economic crisis was a dramatic reminder that capitalism can both produce and destroy. It's a system that by its very nature encourages predators and creators, locusts and bees. But, as...


Advance Praise

"Geoff Mulgan's extraordinary book strikes a balance between innovative thought and grounded pragmatism and serves as an urgent invitation to discourse--discourse about how we can harness the most inclusive aspects of capitalism and explore new approaches for our shared work of building the common good. Mulgan challenges us to find the best in ourselves and in the systems that provide the hope for human flourishing."--John J. DeGioia, president of Georgetown University

"Geoff Mulgan is a brilliant thinker--lucid, deep, and with a set of clear and progressive values. In this book he brings all his qualities to bear on the question of how we make capitalism productive, responsible, and fair. It should be read by anyone who wants to understand how to create a more equal and just world."--Ed Miliband, MP, leader of the UK Labour Party

"Geoff Mulgan has given us an important book: imaginative, erudite, wise. It answers the question of how capitalism can transform itself to create the kind of value that will be needed and prized by twenty-first-century citizens, a question that is at the root of so many current economic, social, and spiritual ills. Mulgan's vision of a capitalism that maintains and deepens human relationships is enormously attractive and eminently attainable."--Anne-Marie Slaughter, Princeton University

"Can we replace the predatory part of capitalism with something creative and morally uplifting? This book shows us that we can. With daring historical insights, Mulgan shows convincingly that societies can choose their own destiny."--Richard Layard, London School of Economics

"Geoff Mulgan's extraordinary book strikes a balance between innovative thought and grounded pragmatism and serves as an urgent invitation to discourse--discourse about how we can harness the most...


Available Editions

EDITION Hardcover
ISBN 9780691146966
PRICE $29.95 (USD)

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