Is Capitalism Obsolete?

Is Capitalism Obsolete?
Author: Giacomo Corneo
Publisher: Harvard University Press
Total Pages: 313
Release: 2017-10-17
Genre: Business & Economics
ISBN: 0674982576

Download Is Capitalism Obsolete? Book in PDF, Epub and Kindle

After communism collapsed in the former Soviet Union, capitalism seemed to many observers like the only game in town, and questioning it became taboo for academic economists. But the financial crisis, chronic unemployment, and the inexorable rise of inequality have resurrected the question of whether there is a feasible and desirable alternative to capitalism. Against this backdrop of growing disenchantment, Giacomo Corneo presents a refreshingly antidogmatic review of economic systems, taking as his launching point a fictional argument between a daughter indignant about economic injustice and her father, a professor of economics. Is Capitalism Obsolete? begins when the daughter’s angry complaints prompt her father to reply that capitalism cannot responsibly be abolished without an alternative in mind. He invites her on a tour of tried and proposed economic systems in which production and consumption obey noncapitalistic rules. These range from Plato’s Republic to diverse modern models, including anarchic communism, central planning, and a stakeholder society. Some of these alternatives have considerable strengths. But daunting problems arise when the basic institutions of capitalism—markets and private property—are suppressed. Ultimately, the father argues, all serious counterproposals to capitalism fail to pass the test of economic feasibility. Then the story takes an unexpected turn. Father and daughter jointly come up with a proposal to gradually transform the current economic system so as to share prosperity and foster democratic participation. An exceptional combination of creativity and rigor, Is Capitalism Obsolete? is a sorely needed work about one of the core questions of our times.

Capitalist Alternatives

Capitalist Alternatives
Author: Paul Dragos Aligica
Publisher: Routledge
Total Pages: 229
Release: 2014-11-20
Genre: Political Science
ISBN: 1317654730

Download Capitalist Alternatives Book in PDF, Epub and Kindle

The book's objective is to explore the challenge of thinking methodically - in a theoretically and empirically informed way - about alternative forms of capitalism. What are the most effective ways to conceptualize the existing models of capitalism that have captured the public imagination and are currently floating around in the public debate? How can one mobilize empirical analysis and theory in thinking about the realm of possibilities and about the future of economic order, but avoid the twin perils of scientism and historicism? This book is an attempt to respond to these and related challenges. First, it delves into the substantive aspect of the debate, taking a closer look at a set of particular forms and models of capitalism that are currently discussed both in mass media and in academic circles as plausible, or at least possible, alternatives to the status quo: Crony, State, Regulatory, and Entrepreneurial Capitalisms. By elaborating and clarifying those models, it engages in a heuristic exercise that leads to a better understanding of the task of conceptualizing and assessing, in a theoretically informed way, the diversity of forms of capitalism. Second, the book takes a step further, looking at the epistemic, theoretical and methodological dimensions of the discussion: What is involved, more precisely, in our classifying and theorizing of capitalist systems and their historical evolution? What is the epistemic basis for building plausible conjectures about the future evolution of an economic system? What are the logical and methodological parameters of our endeavors that deal with economic systems, or with the problem of continuity and change in comparative economic systems? Offering an original approach to the problem of alternative forms of capitalism, this book will be of great interest to scholars working in the field of comparative political economy.

Organizing Resistance and Imagining Alternatives in India

Organizing Resistance and Imagining Alternatives in India
Author: Rohit Varman
Publisher: Cambridge University Press
Total Pages: 379
Release: 2022-10-31
Genre: Business & Economics
ISBN: 1009193414

Download Organizing Resistance and Imagining Alternatives in India Book in PDF, Epub and Kindle

It examines political economy of neoliberalism and curates contemporary case studies of resistance and alternative organizing in India.

Alternative Ideas from 10 (Almost) Forgotten Economists

Alternative Ideas from 10 (Almost) Forgotten Economists
Author: Irene van Staveren
Publisher: Springer Nature
Total Pages: 214
Release: 2021-01-18
Genre: Business & Economics
ISBN: 3030576094

Download Alternative Ideas from 10 (Almost) Forgotten Economists Book in PDF, Epub and Kindle

How should we address today’s big problems, and what we can take from icons of economics past? How would John Maynard Keynes have resolved today’s debt problem, or how would Adam Smith have assessed the European carbon emission trading market? This book applies the ideas of ten renowned economists (Marx, Minsky, Keynes, Knight, Bergmann, Veblen, Sen, Myrdal, Smith, Robinson) to real world economic problems, directly or indirectly related to the causes and consequences of the 2008 financial crisis. Each chapter presents an economist, and structures the ‘problem’, the ‘insight’ (the economist’s idea), the ‘economist’ (short bio), and two ‘practices’ offering real-world alternatives. This book presents a lively and original approach that will be of interest to economists and non-economists alike, discussing key elements of an economics for a postcapitalist economy and connecting policy insights to real-world problems of today.

Handbook of Economic Sociology for the 21st Century

Handbook of Economic Sociology for the 21st Century
Author: Andrea Maurer
Publisher: Springer Nature
Total Pages: 300
Release: 2021-05-08
Genre: Social Science
ISBN: 3030616193

Download Handbook of Economic Sociology for the 21st Century Book in PDF, Epub and Kindle

This handbook provides an overview on major developments that occurred in the field of economic sociology after its rebirth since the 1980s in the US. It offers new insights on the uniqueness of European economic sociology compared to US economic sociology which emerged at the end of the 20th century. The handbook presents economic sociology as a developing field which started with certain foundations as new economic sociology, widening the perspective by introducing social factors thereby focusing more on general belief systems, social forms of coordination and the relationships between society and the economy. It offers an outstanding portrait of the research field helping to identify major foundations and trajectories as well as new research perspectives for a globalized economic sociology. This makes the handbook appeal to specialized researchers of the field, researchers from other disciplines interested in economic phenomena, as well as graduate and postgraduate students.

Socialism

Socialism
Author: Scott R. Sehon
Publisher: Oxford University Press
Total Pages: 273
Release: 2024-02-05
Genre: Philosophy
ISBN: 0197753337

Download Socialism Book in PDF, Epub and Kindle

Tackling perhaps the most contentious and socially urgent political movement of the last century, Scott R. Sehon lays bare the arguments for and against socialism, investigating their logical scaffolding and revealing exactly what is assumed in charged and often vital discussions of labor conditions and human well-being. Sehon provides a straightforward presentation and logical analysis of the arguments to make very clear which arguments work, and which do not. While the book aims to be fair to the arguments from both sides, Sehon ultimately sides with socialism and maintains that the arguments indicate that we should move in a strongly democratic socialist direction. Nearly every contemporary counterclaim to socialism is addressed and interrogated, and even the more dubious arguments in favor of socialism are taken up. Naturally, the defender of capitalism will deny these premises and claim that capitalism better promotes human well-being; many capitalists also claim that socialism does violate individual rights, particularly property rights. The bulk of the book sorts through the data and arguments on both sides, considering arguments from philosophers such as G.A. Cohen, Ronald Dworkin, David Schweickart, John Tomasi, and Jonathan Wolff, as well as prominent economists such as Milton Friedman and F.A. Hayek. The reader of Socialism will find a clear introduction to one of the most crucial social movements of our time.

Political Theory and South Asian Counter-Narratives

Political Theory and South Asian Counter-Narratives
Author: Maidul Islam
Publisher: Routledge
Total Pages: 320
Release: 2021-09-28
Genre: Social Science
ISBN: 1000457389

Download Political Theory and South Asian Counter-Narratives Book in PDF, Epub and Kindle

This book evaluates the promise of human progress and secularism in grand political narratives of the nineteenth and twentieth centuries, comparing counter-narratives of South Asia within the context of a fast-changing twenty-first century. The book embraces a broad range of sources and theoretical approaches that include political philosophy, film, and ideological discourse analysis. In the twenty-first century, global inequality and significant growth of religious and majoritarian nationalisms have been appended with a protracted economic slowdown and recession in many countries. Examining what went wrong in terms of secularism and distributive justice in India, this book critiques the Euro-American visions of democracy, global capitalism, and their so-called universality. As an alternative, it proposes a progressive politics of radical democracy for the Indian people. Reconsidering alternatives to capitalism, western secularism and the radical possibilities of Islamism, Political Theory and South Asian Counter-Narratives will appeal to students and scholars of political theory, international relations, global history, and South Asian politics.

Marx, Revolution, and Social Democracy

Marx, Revolution, and Social Democracy
Author: Philip J. Kain
Publisher: Oxford University Press
Total Pages: 249
Release: 2023
Genre: Philosophy
ISBN: 019766718X

Download Marx, Revolution, and Social Democracy Book in PDF, Epub and Kindle

"Many think Marx a totalitarian and Soviet Marxism the predictable outcome of his thought. How might one combat this completely mistaken image? What if one could demonstrate that Western European social democracy represents Marx's thought far more than did Soviet Marxism? What if one shows that Marx and social democracy are quite compatible? What if one shows that Marx actually supported social democratic parties? If social democracy is closer to being the true face of Marxism after Marx, then all claims of totalitarianism evaporate. There is nothing remotely totalitarian about social democracy. And from the start, social democrats were highly critical of the undemocratic tactics of Soviet Marxism. To demonstrate the relationship between Marx and social democracy it will be necessary to show that for Marx socialist society is compatible with a market economy-as long as markets are controlled to eliminate alienation. It will also be necessary to show that markets can be controlled democratically, that Marx was very much a democrat, and that he and Engels worked quite actively with democratic parties. It will also be necessary to show that Marx developed a theory of revolution compatible with a democratic electoral movement engaged in by a social democratic party. It will also be necessary to show that Marx and Engels, from the late 1860s on, worked extensively with and supported the Social Democratic Party of Germany-which eventually became the largest party in Germany and the largest socialist party in the world"--

Foretelling the End of Capitalism

Foretelling the End of Capitalism
Author: Francesco Boldizzoni
Publisher: Harvard University Press
Total Pages: 337
Release: 2020-05-12
Genre: Business & Economics
ISBN: 0674246721

Download Foretelling the End of Capitalism Book in PDF, Epub and Kindle

Intellectuals since the Industrial Revolution have been obsessed with whether, when, and why capitalism will collapse. This riveting account of two centuries of failed forecasts of doom reveals the key to capitalism’s durability. Prophecies about the end of capitalism are as old as capitalism itself. None have come true. Yet, whether out of hope or fear, we keep looking for harbingers of doom. In Foretelling the End of Capitalism, Francesco Boldizzoni gets to the root of the human need to imagine a different and better world and offers a compelling solution to the puzzle of why capitalism has been able to survive so many shocks and setbacks. Capitalism entered the twenty-first century triumphant, its communist rival consigned to the past. But the Great Recession and worsening inequality have undermined faith in its stability and revived questions about its long-term prospects. Is capitalism on its way out? If so, what might replace it? And if it does endure, how will it cope with future social and environmental crises and the inevitable costs of creative destruction? Boldizzoni shows that these and other questions have stood at the heart of much analysis and speculation from the early socialists and Karl Marx to the Occupy Movement. Capitalism has survived predictions of its demise not, as many think, because of its economic efficiency or any intrinsic virtues of markets but because it is ingrained in the hierarchical and individualistic structure of modern Western societies. Foretelling the End of Capitalism takes us on a fascinating journey through two centuries of unfulfilled prophecies. An intellectual tour de force and a plea for political action, it will change our understanding of the economic system that determines the fabric of our lives.

Imagining Socialism

Imagining Socialism
Author: Mark A. Allison
Publisher: Oxford University Press
Total Pages: 289
Release: 2021
Genre: Literary Criticism
ISBN: 0192896490

Download Imagining Socialism Book in PDF, Epub and Kindle

Socialism names a form of collective life that has never been fully realized; consequently, it is best understood as a goal to be imagined. So this study argues, and thereby uncovers an aesthetic impulse that animates some of the most consequential socialist writing, thought, and practice of the long nineteenth century. Imagining Socialism explores this tradition of radical activism, investigating the diverse ways that British socialists--from Robert Owen to the mid-century Christian Socialists to William Morris--marshalled the resources of the aesthetic in their efforts to surmount politics and develop non-governmental forms of collective life. Their ambitious attempts at social regeneration led some socialists to explore the liberatory possibilities afforded by cooperative labor, women's emancipation, political violence, and the power of the arts themselves. Imagining Socialism demonstrates that, far from being confined to the socialist revival of the fin de siècle, important socialist experiments with the emancipatory potential of the aesthetic in Britain may be found throughout the period it calls the socialist century--and may still inspire us today.