Capitalism without Capital

In this book, Haskel and Westlake explore the concept of 'capitalism without capital,' focusing on how modern corporations invest heavily in intangible assets such as knowledge, brands, and organizational capabilities rather than traditional physical assets.

The authors discuss the macroeconomic and microeconomic implications of this shift, including issues of inequality, financial stability, and management practices.

They present a comprehensive research approach that addresses both the measurement challenges and the economic significance of intangible investments.