Capitalism: worries of the 1930s for the 2020s

Research output: Contribution to journalArticlepeer-review


The paper provides an assessment of the health of capitalism, concluding that in a global perspective the institution is prospering. Whether or not that is good for global, national, regional, or sectional welfare is another matter. The paper also compares some 1930s debates about capitalism with similar debates in our own time.

Original languageEnglish (US)
Pages (from-to)650-663
Number of pages14
JournalOxford Review of Economic Policy
Issue number4
StatePublished - 2021


  • Capitalism
  • Globalization
  • Secular stagnation

ASJC Scopus subject areas

  • Economics and Econometrics
  • Management, Monitoring, Policy and Law


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