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El. knyga: Capitalism: The Future of an Illusion

3.67/5 (35 ratings by Goodreads)
  • Formatas: 264 pages
  • Išleidimo metai: 04-May-2018
  • Leidėjas: University of California Press
  • Kalba: eng
  • ISBN-13: 9780520959071
  • Formatas: 264 pages
  • Išleidimo metai: 04-May-2018
  • Leidėjas: University of California Press
  • Kalba: eng
  • ISBN-13: 9780520959071

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"Since the 1980's, a particular definition of the United States and the global economy as being "capitalist" has become hegemonic. In this view, a capitalist economy is autonomous, coherent, and needs to be regulated by its own internal laws. This view is an illusion. The reality is that economies organized around the pursuit of private profit are contradictory, incoherent, and heavily intertwined with politics and governmental action. But the illusion remains hugely consequential because it has been embraced by political and economic elites who are convinced that they are powerless to change this system. The reality is that the continuing vitality of the U.S. and the world economy requires a new period of major reforms on the scale of the New Deal and the building of new global institutions after World War II"--Provided by publisher.

Virtually everyone—left, right, and center—believes that capitalist economies are autonomous, coherent, and regulated by their own internal laws. This view is an illusion. The reality is that economies organized around the pursuit of private profit are contradictory, incoherent, and heavily shaped by politics and governmental action. But the illusion remains hugely consequential because it has been embraced by political and economic elites who are convinced that they are powerless to change this system. The result is cycles of raised hopes followed by disappointment as elected officials discover they have no legitimate policy tools that can deliver what the public wants. In Capitalism, leading economic sociologist Fred L. Block argues that restoring the vitality of the United States and the world economy can be accomplished only with major reforms on the scale of the New Deal and the post–World War II building of new global institutions.

Recenzijos

This insightful analysis of capitalism places primary emphasis on the subtitle of the book." * CHOICE * "Block's prose is sharp, unaffected, and devoid of cumbersome jargon and fastidious technicality. His informed, synthetic overviews of significant historical cases of successful economic development (e.g. nineteenth-century America) or more or less disastrous decline (e.g. 1990s Russia, and the gold standard regime) are true gems of crystal-clear and intelligent brevity. As such, his book should appeal to the educated public at large, well beyond the confines of academia alone." * The European Legacy * "[ Block] rightly shows that, without government constraints, the rich and powerful shape capitalism to give themselves the advantage, undermining competition and exploiting others, eventually undermining the capitalist system itself." * Times Literary Supplement *

Acknowledgments vii
1 The Capitalist Illusion
1(27)
2 Elaborating an Alternative
28(32)
3 The Illusion That Democracy Threatens the Economy
60(26)
4 The Illusion That Greed Is Good
86(30)
5 The Illusion of an Unchanging System
116(30)
6 The Illusion of Global Order Organized by Capitalism
146(30)
7 Beyond Illusions
176(26)
Afterword 202(13)
Notes 215(12)
Bibliography 227(12)
Index 239
Fred L. Block is Research Professor of Sociology at the University of California, Davis. He is the coauthor, with Margaret Somers, of The Power of Market Fundamentalism.