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Good capitalism : ... and what would need to change for that
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Internationale Politikanalyse International Policy Analysis Sebastian Dullien, Hansjörg Herr and Christian Kellermann Good Capitalism and what would need to change for that »Can capitalism be good? Yes as long as it is effectively reined in!« This is the core proposition of the book»Good Capitalism and what would need to change for that«(with a preface by Gesine Schwan), which has just been published by transcript Verlag. The Friedrich Ebert Foundation(FES) here presents a number of excerpts from the book the result of a discussion process at the FES that was set in motion by a seminar with experts from the financial and business sec­tors held in January of this year. The books authors call for a fundamental reorientation of capitalism. They see the present crisis as the result of an excessive, unbridled financial capitalism that has destroyed not only financial systems but, along with them, the consensus on which the social market economy has rested until now. The authors»Good Capitalism« rests on four pillars: bridled financial markets, decent work and working conditions, European cooperation and enhanced regulation worldwide. OCTOBER 2009