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Title: A pessimistic view by an educated socialist
Review: 21st Century Capitalsim, published in 1993, fails to capture the enthusiasm of current market trends. Heilbroner does present an interesting development of the different aspects of economies, ranging from Traditional (un-developed countries), Command (20th Century Communism) and Capitalism. He draws heavily from past economists such as Adam Smith and Keynes, but fails to support his predictions with recent examinations of the economy. Perhaps when he wrote this book, the US stock market had not fully rebounded from the 1992 recession. I would recommend this book for those seeking an extremely verbose and pessimistic view of future economics. For those who wish to read a book with a positive view of the future and some concrete suggestions on how to prepare for the revolutionary changes ahead, I would recommend Harry S. Dent JR's "The Roaring 2000's".
