Capitalism Without Capital

The Rise of the Intangible Economy

Jonathan Haskel & Stian Westlake

Recommended By

Book Synopsis

"Capitalism Without Capital" by Jonathan Haskel and Stian Westlake offers a fresh perspective on the modern economy. In this insightful book, the authors argue that intangible assets, such as knowledge, software, brand reputation, and networks, have become the driving force behind economic growth and innovation. They explore the rise of the intangible economy and the challenges it poses for traditional economic measurement and policy-making.

Drawing on extensive research and case studies, Haskel and Westlake demonstrate how intangible assets have transformed industries and shifted the balance of power in the marketplace. They discuss the implications for firms, investors, workers, and governments, providing practical strategies for navigating this new economic landscape.

The authors also examine the consequences of the intangible economy for inequality, productivity, and competition. They highlight the need for updated economic models, measurement tools, and policy frameworks that can effectively capture and support intangible investment.

"Capitalism Without Capital" is a thought-provoking book that challenges our understanding of economic growth and offers valuable insights into the intangible assets that shape our world. With its concise and accessible writing style, this book is essential reading for anyone interested in the future of capitalism and the intangible economy.

Explore More Books

See All
Failure Is Not An Option
On Writing Well
Essays and Aphorisms
Lone Survivor
Free Women, Free Men
The Evolving Self
Not The End of the World
Eating The Big Fish
The Elephant in the Brain
Energy Transitions
Mohandas K. Ghandi
Zen Mind, Beginners Mind
The Idea Factory
XKCD
The Seven Husbands of Evelyn Hugo
Explaining Social Behavior
The Precariat
Lagom
Getting Real
Peak
The Most Important Thing Illuminated
The Plant Paradox
Tender Is The Night
Orwell's Revenge
Harry Potter
Who Says Elephants Can’t Dance?
Sexual Personae
A Spy Among Friends
Valuation
Gang Leader for a Day
A Technique for Producing Ideas
The Magic Of Reality
Brave New Medicine
The Airbnb Story
Golden Gates
Not Zero
My Family and Other Animals
Sleep in Art
The Holy Grail of Investing
Perilous Interventions
The Messy Middle
The Decline and Fall of the Roman Empire
The Lean Startup
Cosmos
The Charisma Myth
Becoming
The Gray Lady Winked
Class Warfare
The Battle of Alcazar
The Artist's Way
The Storm of Steel
Peter Pan
Generations
The Golden Compass
Kill It With Fire
The Martian
The Diversity Myth
Musashi
Warren Buffett
Adapt
How Not To Be Wrong
Platform Revolution
There Must Be A Pony In Here Somewhere
What You Do Is Who You Are
Powers of Two
Deep Value
Presidents of War
Three Scientists and Their Gods
Plato and a Platypus Walk Into a Bar
Catch-22
Becoming Steve Jobs
Replay
Making The Modern World
The Story of Civilization: Rousseau and Revolution
The Wager
Slow Sex
Lying
Timelines of World History
Essays In Persuasion
Home Work
Believe In People
A Short History of Myth
Should We Eat Meat?
Learned Optimism
The Paris Architect
Way of the Warrior Kid
The Making of an American Thinking Class
The Time Machine
Lenin
The Rise of the Rest
Americana
Maybe You Should Talk To Someone
Sustainable Energy Without the Hot Air
Idea Makers
When Prophecy Fails
The Ethics of Money Production
Why America Is Not a New Rome
A Sense of Where You Are
The Sixth Extinction
The Middleman