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In our rapidly changing world, the future of our economic system-capitalism-seems more unpredictable than ever. Digitalization is already having a significant impact on the labor market. Intensive globalization has led to the emergence of new forms of capitalism that are very different from the Western free market economies. And contemporary critiques of capitalism present another challenge to our economic system. This volume looks at capitalism's future from different perspectives and tries to find possible creative approaches to the current challenges. The aim is not to abandon the current economic system in its entirety, but to look forward constructively and critically and thus to shape the future not only of our economy but of our society as well.
Recently, it has looked as if the common good might be disappearing as a guiding principle of our society. In a world where nationalism is becoming more dominant (think of Donald Trump's "America First" agenda), protectionism is pursued ("une Europe qui protège," as announced by France's President Macron), and society too is disintegrating into an increasing number of parts, the idea that we need to think about the common good seems to be progressively weakening. More and more frequently we are confronted with the charge that in the Western world, in particular, governments as well as economic and intellectual elites are moving away from the people, who are the real sovereign power. As is widely agreed, the principle of the common good is essential for our society's cohesiveness, as a focus on it can bring the individual parts of society closer together again.
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