How Capitalism Destroyed Itself

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How Capitalism Destroyed Itself

Author : William Kingston
Publisher : Edward Elgar Publishing
Page : 192 pages
File Size : 43,7 Mb
Release : 2017-03-31
Category : Electronic
ISBN : 9781785367748

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How Capitalism Destroyed Itself by William Kingston Pdf

Capitalism has been sustained by inherited moral values that are now all but exhausted. A unique combination of a new belief in individualism and a long tradition of property rights had traditionally ensured that self-interested action also produced public benefit. However, these rights, including the laws underwriting economic and financial innovation and parliamentary democracy, were gradually captured and shaped by those who could benefit most from them. This fascinating book shows that the outcome is a reduced ability to generate real wealth combined with exceptional inequality, as well as a worldwide breach of the vital trust between voters and their representatives. Capitalism’s injuries are both self-inflicted and fatal.

Destroying Democracy

Author : Jane Duncan,Linda Gordon,Gunnett Kaaf,Dale T McKinley,Alf Gunvald Nilsen,Devan Pillay,Mandla J Radebe,Alfredo Saad-Filho,Ingar Solty
Publisher : Wits University Press
Page : 248 pages
File Size : 47,5 Mb
Release : 2021-08-01
Category : Business & Economics
ISBN : 9781776147007

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Destroying Democracy by Jane Duncan,Linda Gordon,Gunnett Kaaf,Dale T McKinley,Alf Gunvald Nilsen,Devan Pillay,Mandla J Radebe,Alfredo Saad-Filho,Ingar Solty Pdf

A history of the erosion of democracy across the globe Democracy is being destroyed. This is a crisis that expresses itself in the rising authoritarianism visible in divisive and exclusionary politics, populist political parties and movements, increased distrust in fact-based information and news, and the withering accountability of state institutions. Over the last four decades, democracy has radically shifted to a market democracy in which all aspects of human, non-human and planetary life are commodified, with corporations becoming more powerful than states and their citizens. This is how neoliberal capitalism functions at a systemic level and if left unchecked, is the greatest threat to democracy and a sustainable planet. Volume six of the Democratic Marxism series focuses on how decades of neoliberal capitalism have eroded the global democratic project and how, in the process, authoritarian politics are gaining ground. Scholars and activists from the political left focus on four country cases – India, Brazil, South Africa and the United States of America – in which the COVID-19 pandemic has fuelled and highlighted the pre-existing crisis. They interrogate issues of politics, ecology, state security, media, access to information and political parties, and affirm the need to reclaim and re-build an expansive and inclusive democracy. Destroying Democracy is an invaluable resource for the general public, activists, scholars and students who are interested in understanding the threats to democracy and the rising tide of authoritarianism in the global south and the global north.

People, Power, and Profits: Progressive Capitalism for an Age of Discontent

Author : Joseph E. Stiglitz
Publisher : W. W. Norton & Company
Page : 366 pages
File Size : 43,9 Mb
Release : 2019-04-23
Category : Business & Economics
ISBN : 9781324004226

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People, Power, and Profits: Progressive Capitalism for an Age of Discontent by Joseph E. Stiglitz Pdf

A Nobel prize winner challenges us to throw off the free market fundamentalists and reclaim our economy. We all have the sense that the American economy—and its government—tilts toward big business, but as Joseph E. Stiglitz explains in his new book, People, Power, and Profits, the situation is dire. A few corporations have come to dominate entire sectors of the economy, contributing to skyrocketing inequality and slow growth. This is how the financial industry has managed to write its own regulations, tech companies have accumulated reams of personal data with little oversight, and our government has negotiated trade deals that fail to represent the best interests of workers. Too many have made their wealth through exploitation of others rather than through wealth creation. If something isn’t done, new technologies may make matters worse, increasing inequality and unemployment. Stiglitz identifies the true sources of wealth and of increases in standards of living, based on learning, advances in science and technology, and the rule of law. He shows that the assault on the judiciary, universities, and the media undermines the very institutions that have long been the foundation of America’s economic might and its democracy. Helpless though we may feel today, we are far from powerless. In fact, the economic solutions are often quite clear. We need to exploit the benefits of markets while taming their excesses, making sure that markets work for us—the U.S. citizens—and not the other way around. If enough citizens rally behind the agenda for change outlined in this book, it may not be too late to create a progressive capitalism that will recreate a shared prosperity. Stiglitz shows how a middle-class life can once again be attainable by all. An authoritative account of the predictable dangers of free market fundamentalism and the foundations of progressive capitalism, People, Power, and Profits shows us an America in crisis, but also lights a path through this challenging time.

The Power of Creative Destruction

Author : Philippe Aghion,Céline Antonin,Simon Bunel
Publisher : Harvard University Press
Page : 401 pages
File Size : 51,7 Mb
Release : 2021-04-20
Category : Business & Economics
ISBN : 9780674971165

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The Power of Creative Destruction by Philippe Aghion,Céline Antonin,Simon Bunel Pdf

From one of the world’s leading economists and his coauthors, a cutting-edge analysis of what drives economic growth and a blueprint for prosperity under capitalism. Crisis seems to follow crisis. Inequality is rising, growth is stagnant, the environment is suffering, and the COVID-19 pandemic has exposed every crack in the system. We hear more and more calls for radical change, even the overthrow of capitalism. But the answer to our problems is not revolution. The answer is to create a better capitalism by understanding and harnessing the power of creative destruction—innovation that disrupts, but that over the past two hundred years has also lifted societies to previously unimagined prosperity. To explain, Philippe Aghion, Céline Antonin, and Simon Bunel draw on cutting-edge theory and evidence to examine today’s most fundamental economic questions, including the roots of growth and inequality, competition and globalization, the determinants of health and happiness, technological revolutions, secular stagnation, middle-income traps, climate change, and how to recover from economic shocks. They show that we owe our modern standard of living to innovations enabled by free-market capitalism. But we also need state intervention with the appropriate checks and balances to simultaneously foster ongoing economic creativity, manage the social disruption that innovation leaves in its wake, and ensure that yesterday’s superstar innovators don’t pull the ladder up after them to thwart tomorrow’s. A powerful and ambitious reappraisal of the foundations of economic success and a blueprint for change, The Power of Creative Destruction shows that a fair and prosperous future is ultimately ours to make.

Rethinking Capitalism

Author : Michael Jacobs,Mariana Mazzucato
Publisher : John Wiley & Sons
Page : 224 pages
File Size : 46,9 Mb
Release : 2016-07-21
Category : Political Science
ISBN : 9781119311638

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Rethinking Capitalism by Michael Jacobs,Mariana Mazzucato Pdf

"Thought provoking and fresh - this book challenges how we think about economics.” Gillian Tett, Financial Times For further information about recent publicity events and media coverage for Rethinking Capitalism please visit http://marianamazzucato.com/rethinking-capitalism/ Western capitalism is in crisis. For decades investment has been falling, living standards have stagnated or declined, and inequality has risen dramatically. Economic policy has neither reformed the financial system nor restored stable growth. Climate change meanwhile poses increasing risks to future prosperity. In this book some of the world’s leading economists propose new ways of thinking about capitalism. In clear and compelling prose, each chapter shows how today’s deep economic problems reflect the inadequacies of orthodox economic theory and the failure of policies informed by it. The chapters examine a range of contemporary economic issues, including fiscal and monetary policy, financial markets and business behaviour, inequality and privatisation, and innovation and environmental change. The authors set out alternative economic approaches which better explain how capitalism works, why it often doesn’t, and how it can be made more innovative, inclusive and sustainable. Outlining a series of far-reaching policy reforms, Rethinking Capitalism offers a powerful challenge to mainstream economic debate, and new ideas to transform it.

Capitalism and Desire

Author : Todd McGowan
Publisher : Columbia University Press
Page : 305 pages
File Size : 48,9 Mb
Release : 2016-09-20
Category : Philosophy
ISBN : 9780231542210

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Capitalism and Desire by Todd McGowan Pdf

Despite creating vast inequalities and propping up reactionary world regimes, capitalism has many passionate defenders—but not because of what it withholds from some and gives to others. Capitalism dominates, Todd McGowan argues, because it mimics the structure of our desire while hiding the trauma that the system inflicts upon it. People from all backgrounds enjoy what capitalism provides, but at the same time are told more and better is yet to come. Capitalism traps us through an incomplete satisfaction that compels us after the new, the better, and the more. Capitalism's parasitic relationship to our desires gives it the illusion of corresponding to our natural impulses, which is how capitalism's defenders characterize it. By understanding this psychic strategy, McGowan hopes to divest us of our addiction to capitalist enrichment and help us rediscover enjoyment as we actually experienced it. By locating it in the present, McGowan frees us from our attachment to a better future and the belief that capitalism is an essential outgrowth of human nature. From this perspective, our economic, social, and political worlds open up to real political change. Eloquent and enlivened by examples from film, television, consumer culture, and everyday life, Capitalism and Desire brings a new, psychoanalytically grounded approach to political and social theory.

Postmodernism, or, The Cultural Logic of Late Capitalism

Author : Fredric Jameson
Publisher : Duke University Press
Page : 474 pages
File Size : 49,6 Mb
Release : 1992-01-06
Category : Literary Criticism
ISBN : 0822310902

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Postmodernism, or, The Cultural Logic of Late Capitalism by Fredric Jameson Pdf

Now in paperback, Fredric Jameson’s most wide-ranging work seeks to crystalize a definition of ”postmodernism”. Jameson’s inquiry looks at the postmodern across a wide landscape, from “high” art to “low” from market ideology to architecture, from painting to “punk” film, from video art to literature.

Capitalist Realism

Author : Mark Fisher
Publisher : John Hunt Publishing
Page : 116 pages
File Size : 49,9 Mb
Release : 2022-11-25
Category : Political Science
ISBN : 9781803414317

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Capitalist Realism by Mark Fisher Pdf

An analysis of the ways in which capitalism has presented itself as the only realistic political-economic system.

Capitalism, Socialism, and Democracy

Author : Joseph A. Schumpeter
Publisher : Harper Collins
Page : 451 pages
File Size : 41,6 Mb
Release : 1950
Category : Business & Economics
ISBN : 9780061330087

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Capitalism, Socialism, and Democracy by Joseph A. Schumpeter Pdf

Capitalism, Socialism and Democracy remains one of the greatest works of social theory written this century. When it first appeared the New English Weekly predicted that for the next five to ten years it will cetainly remain a work with which no one who professes any degree of information on sociology or economics can afford to be unacquainted.' Fifty years on, this prediction seems a little understated. Why has the work endured so well? Schumpeter's contention that the seeds of capitalism's decline were internal, and his equal and opposite hostility to centralist socialism have perplexed, engaged and infuriated readers since the book's publication. By refusing to become an advocate for either position Schumpeter was able both to make his own great and original contribution and to clear the way for a more balanced consideration of the most important social movements of his and our time.

Visualising Resilient Communities

Author : Mohamed Buheji
Publisher : AuthorHouse
Page : 127 pages
File Size : 48,9 Mb
Release : 2020-02-29
Category : Social Science
ISBN : 9781728399270

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Visualising Resilient Communities by Mohamed Buheji Pdf

Similar to our needs to secure the basic necessities (food, water, shelter and clothing), we need more than ever today to build resilient communities’ livelihoods which have a set of approaches that help us to manage the challenges and be tolerant to a sudden crisis. Communities livelihood involves the capacity to ensure sustainable and continuously developing activities that overcome turbulent economic, ecological, and socially complex contemporary or foreseen situations. Having intolerant communities that refuse diversified life is a serious socio-economic problem that might lead to both socio-environmental and socio-political problems which deteriorate our livelihood. Therefore, we need to tackle non-resilience as an issue of hidden opportunities that need to be exploited until we reach optimum resilience status. Being more resilient helps to create lasting change, which is what differentiates any community outcome or realized change. Therefore, the purpose of this work is to create aspiring leaders from around the world who have the right mindset and passion towards creating a difference towards this challenging, positive change.

The Emotional Logic of Capitalism

Author : Martijn Konings
Publisher : Stanford University Press
Page : 184 pages
File Size : 42,8 Mb
Release : 2015-05-27
Category : Political Science
ISBN : 9780804794503

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The Emotional Logic of Capitalism by Martijn Konings Pdf

The capitalist market, progressives bemoan, is a cold monster: it disrupts social bonds, erodes emotional attachments, and imposes an abstract utilitarian rationality. But what if such hallowed critiques are completely misleading? This book argues that the production of new sources of faith and enchantment is crucial to the dynamics of the capitalist economy. Distinctively secular patterns of attraction and attachment give modern institutions a binding force that was not available to more traditional forms of rule. Elaborating his alternative approach through an engagement with the semiotics of money and the genealogy of economy, Martijn Konings uncovers capitalism's emotional and theological content in order to understand the paradoxical sources of cohesion and legitimacy that it commands. In developing this perspective, he draws on pragmatist thought to rework and revitalize the Marxist critique of capitalism.

Deaths of Despair and the Future of Capitalism

Author : Anne Case,Angus Deaton
Publisher : Princeton University Press
Page : 332 pages
File Size : 46,8 Mb
Release : 2021-03-02
Category : Business & Economics
ISBN : 9780691217062

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Deaths of Despair and the Future of Capitalism by Anne Case,Angus Deaton Pdf

A New York Times Bestseller A Wall Street Journal Bestseller A New York Times Notable Book of 2020 A New York Times Book Review Editors’ Choice Shortlisted for the Financial Times and McKinsey Business Book of the Year A New Statesman Book to Read From economist Anne Case and Nobel Prize winner Angus Deaton, a groundbreaking account of how the flaws in capitalism are fatal for America's working class Deaths of despair from suicide, drug overdose, and alcoholism are rising dramatically in the United States, claiming hundreds of thousands of American lives. Anne Case and Angus Deaton explain the overwhelming surge in these deaths and shed light on the social and economic forces that are making life harder for the working class. As the college educated become healthier and wealthier, adults without a degree are literally dying from pain and despair. Case and Deaton tie the crisis to the weakening position of labor, the growing power of corporations, and a rapacious health-care sector that redistributes working-class wages into the pockets of the wealthy. This critically important book paints a troubling portrait of the American dream in decline, and provides solutions that can rein in capitalism's excesses and make it work for everyone.

The Worldly Philosophers

Author : Robert L. Heilbroner
Publisher : Unknown
Page : 328 pages
File Size : 55,9 Mb
Release : 1967
Category : Economics
ISBN : STANFORD:36105033952420

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The Worldly Philosophers by Robert L. Heilbroner Pdf

"Guide to further reading": pages 307-312.

Postcapitalism

Author : Paul Mason
Publisher : Macmillan
Page : 369 pages
File Size : 45,7 Mb
Release : 2015
Category : Business & Economics
ISBN : 9780374235543

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Postcapitalism by Paul Mason Pdf

"Originally published in 2015 by Allen Lane, an imprint of Penguin Random House, Great Britain"--Title page verso.

Can the Working Class Change the World?

Author : Michael D. Yates
Publisher : NYU Press
Page : 224 pages
File Size : 40,6 Mb
Release : 2018-10-02
Category : Political Science
ISBN : 9781583677124

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Can the Working Class Change the World? by Michael D. Yates Pdf

One of the horrors of the capitalist system is that slave labor, which was central to the formation and growth of capitalism itself, is still fully able to coexist alongside wage labor. But, as Karl Marx points out, it is the fact of being paid for one's work that validates capitalism as a viable socio-economic structure. Beneath this veil of “free commerce” – where workers are paid only for a portion of their workday, and buyers and sellers in the marketplace face each other as “equals” – lies a foundation of immense inequality. Yet workers have always rebelled. They've organized unions, struck, picketed, boycotted, formed political organizations and parties – sometimes they have actually won and improved their lives. But, Marx argued, because capitalism is the apotheosis of class society, it must be the last class society: it must, therefore, be destroyed. And only the working class, said Marx, is capable of creating that change. In his timely and innovative book, Michael D. Yates asks if the working class can, indeed, change the world. Deftly factoring in such contemporary elements as sharp changes in the rise of identity politics and the nature of work, itself, Yates asks if there can, in fact, be a thing called the working class? If so, how might it overcome inherent divisions of gender, race, ethnicity, religion, location – to become a cohesive and radical force for change? Forcefully and without illusions, Yates supports his arguments with relevant, clearly explained data, historical examples, and his own personal experiences. This book is a sophisticated and prescient understanding of the working class, and what all of us might do to change the world.