Political Economy of Tomorrow

Since the financial crisis of 2007-2008, the future of capitalism remains a hotly debated subject. Tracing the path of the American and global economy over the twentieth century, Political Economy of Tomorrow shows that the most significant problems of the economic system arise not from capitalism's weaknesses, but its strengths. Picking up where journalist and presidential adviser Charles Conant left off over a century ago, renowned foreign exchange strategist and professor Marc Chandler (Making Sense of the Dollar) squares off against conventional understanding of international economics by suggesting that the challenge modern economies face is not scarcity, but surplus.

Exploring the past and considering the present, Chandler makes big ideas accessible as he examines the economic and social conditions that helped modern capitalism thrive and deal with surplus. By showing how changing social relationships construct a new motor for our economic engine and a new accommodation to the surplus, Political Economy of Tomorrow offers compelling arguments for what lies ahead for society in advanced capitalist countries.

About the Author
Chandler, Marc: - Foreign exchange analyst and author Marc Chandler has thirty years of experience working in the global capital markets and is currently the global head of currency strategy at Brown Brothers Harriman. As a keen observer of the interconnection of international politics and economics, Chandler's written work has been published in Foreign Affairs, Barron's, The Financial Times, and The Nation. A monthly column appears for Caixin, a financial Chinese news service, and his blog "Marc to Market" is routinely referenced in influential media outlets. Chandler appears regularly on CNBC, Bloomberg Television, CCTV and is a frequent speaker to business groups, investors, and universities. He is an associate professor at New York University's Center for Global Affairs and the Darden School of Business at the University of Virginia recently named Chandler an honorary visiting professor. His first book, "Making Sense of the Dollar: Exposing Dangerous Myths about Trade and Foreign Exchange" (Bloomberg 2009) won a Bronze Award from Independent Publishers. Keep up with Marc Chandler's ongoing analysis on www.marctomarket.com, or follow him on Twitter, @marcmakingsense.