An Indecent System

 
  What is capitalism in the 21st century: economics and beyond 

Allocative inefficiency of resources and wealth creation 

Traditionally, the capitalist system has been characterized as an economic and social system based on private property, the ability to generate wealth, social mobility and labor exploitation. Since the beginning of this century, numerous voices are showing great dissatisfaction with this system: savage capitalism or rogue capitalism have become increasingly used expressions. Others believe that conscious capitalism or solidarity capitalism is possible. Meanwhile, citizens are beginning to get fed up, seeing that the system is failing and they are not receiving what they were promised.

Showing dissatisfaction is necessary, but it can become sterile if we do not understand two things: how the current capitalist system differs from that existing in previous times; and why the current economic and social system no longer meets the expectations of citizens. An indecent system. 

The dominated citizen, by Juan Ferrer Molina, offers us this double diagnosis. The author begins by showing us the paradoxical condition of the capitalist system of the 21st century. 

The system is supposedly based on efficiency; but, in reality, it is increasingly inefficient, since many people do not have the possibility of contributing their abilities to society; Likewise, ecological resources are irreversibly squandered.

An Indecent System

The system has lifted millions of people out of poverty and expanded access to private property and the means of production, but at the same time, it is generating growing social inequality that endangers social cohesion. 

In theory, we live in open and democratic societies; But, in practice, government action is increasingly authoritarian and tends towards totalitarianism. Democracy suffers continuous erosion.

Crisis of capitalism: a crisis that is also social and political 

Juan Ferrer Molina goes one step further and reveals why the current capitalist system no longer meets the expectations of citizens.
 

An Indecent System

Instead of providing goods and services at competitive prices, large companies and the financial system increasingly tend towards speculative practices. 

There is also a deep crisis of work, which is only beginning: new technologies follow one another quickly and make many jobs and professions that seemed immovable obsolete, without Education being able to provide a response to the circumstances. 

The ruling elites have stopped serving the common good and have appropriated public resources for the benefit own. Elites and people have stopped having common interests.

An Indecent System

This book will also help you understand such relevant topics as: 

- Causes of the economic crisis we are experiencing 

- Causes of social inequality 

- Causes of job insecurity

 - Causes of the crisis of democracy 

Conscious capitalism or savage capitalism?

 Finally, Juan Ferrer Molina proposes realistic and solvent solutions, based on two pillars: his solid training as an economist and his extensive business experience.