Flawed capitalism : the Anglo-American condition and its resolution / David Coates.

Includes bibliographical references (pages 277-308) and index.

Introduction -- The Anglo-American condition: similarities and differences -- Part I: Flawed economies. The rise and fall of American economic leadership ; Chasing hard and standing still: the UK economy in the American shadow -- Part II: Divided societies. The fading of the American Dream? ; The slow disintegration of the UK's postwar social settlement -- Part III: Inadequate politics. The continuing cost of empire ; The folly of austerity politics -- Part IV: Conclusion. Towards a better future.

Anybody seeking to understand why Donald Trump is president and why the UK voted for Brexit should read David Coates's important new book. It explains the flaws in the Anglo-Saxon economic model; even better, it suggests ways of putting things right." -- Larry Elliott, Economics Editor, The Guardian With this provocative book and its bold examination of the past fifty years of political and economic change in the United States and the UK, David Coates makes an essential contribution to our understanding of the enormous challenges facing both sides of the Atlantic today. Beyond that, it lays bare the choices people and their leaders must make if future generations are to have a semblance of the opportunities we have had. -- Judy Woodruff, PBS NewsHour This excellent book not only shows us how the model of capitalism operating in the US and the UK is flawed, it also tells us why, through an original and engaging account of imperialist politics and ideological hubris in American and British statecraft. Coates's writing combines both depth and breadth - a very rare feat - and this book deserves to be widely read. -- Craig Berry, SPERI, University of Sheffield An outstanding study of the Anglo-American condition: Coates combines a powerful moral impulse with impeccable research and a fine grasp of the differences and the similarities between the two nations. -- Michael Moran, Emeritus Professor of Government, University of Manchester Our economic system feels like it's natural: it's not and it's not working. In Flawed Capitalism David Coates tells us what's going wrong and why. More importantly the book sets out the alternatives. Flawed Capitalism is a route map out of crisis and towards a good society. -- Neal Lawson, Chair of Compass An erudite diagnosis of what Coates terms the 'Anglo-American condition', a deep malaise which threatens to destabilise the global order. Panoramic in its perspective and meticulous in its empirical detail, this is required reading for anyone interested in the entrenched pathologies of capitalism's Anglophone heartlands. -- Scott Lavery, speri.comment: the political economy blog