Capitalism and Development: Steering Markets Toward Fairness - Softcover

Cepaluni, Gabriel

Softcover

ISBN 10: 1009844075 ISBN 13: 9781009844079

Publisher: Cambridge University Press, 2026

Synopsis

While most literature focuses on the successes of developed economies or critiques socialist regimes, it often neglects how to adapt capitalism to the specific needs of developing nations. Gabriel Cepaluni's Capitalism and Development explores capitalism's role in driving economic growth and political stability in developing countries. He draws on vivid stories from São Paulo to Seoul to show how thoughtful regulation, rule-of-law safeguards and strategic public investment can steer capitalism toward broad prosperity without smothering innovation. Offering a fresh perspective on adapting principles to meet the unusual challenges of developing economies, he suggests a balanced approach, combining free-market competition with social protection, advocating inclusive capitalism. Examining empirical evidence and theoretical insights on implementing these principles, he addresses global economic inequality, critiques existing literature, and proposes innovative public policies. Contrasting Latin America's struggles with East Asia's successes, Cepaluni provides a compelling guide for democracies that endure and a planet that thrives.

About this title

About the Author

Gabriel Cepaluni is an associate professor of political science at São Paulo State University in Brazil. He holds a Ph.D. in political science from São Paulo State University. His work on comparative political economy has appeared in Nature and in leading academic journals such as the American Journal of Political Science, Political Analysis, and World Development.

Edition details

• Publisher: Cambridge University Press
• Publication date: 2026
• Language: English
• ISBN 10: 1009844075
• ISBN 13: 9781009844079
• Binding: Paperback
• Number of pages: 321