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THE ROAD TO PROSPERITY

Stephan Schulmeister

✦ #1 on the Austrian Bestseller List ✦ More than 10.000 copies sold

Never before have the people in Europe been doing so well. Economic performance has almost tripled over the past 45 years. But at the same time, unemployment, precarious employment, and poverty have increased, the welfare state is weakened, and millions of people in Europe are suffering hardship and fear. The influential economist Stephan Schulmeister explains how this polarization was able to develop and he makes one thing clear: the markets aren’t fate, unlike the dominant economic theory of the past decades wanted to make us believe.

Neo-liberalism has become areligion.Its disciples, journalists, politicians, but also countless entrepreneurs have adopted this ideology like agospel.

The book The Road to Serfdom by Friedrich A. von Hayek, published in 1945, serves as a catechism. In it, he postulates the theory that freedom and the constitutional state can only thrive in a market economy. With his theories, Hayek has paved the way for a rampant predatorycapitalism.

Stephan Schulmeister presents away out of this one-way street and drafts a »NewDeal«.

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Published 2018-05-01 by ecowin

Main content page count: 480 Pages

Comments

»Stephan Schulmeister presents nothing less than this: a ›humane economic theory,‹ a new narrative as the basis for a useful navigation map for economics and politics.« 

»A great book for anyone interested in economicpolicyandthefutureofEurope!«


»Schulmeister has actually written his life’s work.« 

»Stephan Schulmeister has put forward a brilliant feat. […] The Road to Prosperity consistsofalmost500pages,butnonetheless, it’snotanoverwhelmingvolume,butrather

a massive head-on attack on neoliberalism writtenwithreadabilityinmind.«