Florin Georgescu: A New Outlook on Romanian Capitalism

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Iulian Stănescu

Abstract

In 2021, the Romanian Sociological Association awarded economist Florin Georgescu its Award for Excellence. This essay covers the author’s magnum opus, titled Capital in Post-communist Romania, and focuses on the content most relevant to sociology. Unique in size and scope, the approximate 1,000 page three-volume book features three books in one: a 30-year economic history of Romania, a critical analysis of the way the Romanian capitalist economy developed in the second half of the 2010s, and a blueprint for structural reforms to foster development and reduce inequality. The essay includes a short author presentation and an overall review of the book’s contents, an appraisal of the work’s style and originality, and a review of the themes and subjects most salient for sociologists: capital ‒ labour relationship and the distribution and redistribution system, income and wealth inequality, precarious work, the transition and privatisation processes, structural problems of capitalism, and development policies.

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Author Biography

Iulian Stănescu, Research Institute for the Quality of Life, Romanian Academy

Address: 13 September Road no. 13, District 5, 050711, Bucharest, Romania.

Email: stanescu.iccv@gmail.com.

How to Cite
Stănescu, I. (2021). Florin Georgescu: A New Outlook on Romanian Capitalism. Sociologie Românească, 19(1), 206-226. https://doi.org/10.33788/sr.19.1.11

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