Most economists believe capitalism is a compromise with selfish human nature. As Adam Smith put it, "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest." Capitalism works better than socialism, according to this thinking, only because we are not kind and generous enough to make socialism work. If we were saints, we would be socialists. In Why Not Capitalism?, Jason Brennan attacks this widely held belie...
Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on in...
Even before the Covid-19 pandemic in 2020, capitalism was stuck. It had no answers to a host of problems, including disease, inequality, the digital divide and, perhaps most blatantly, the environmental crisis. Taking her inspiration from the 'moonshot' programmes which successfully co-ordinated public and private sectors on a massive scale, Mariana Mazzucato calls for the same level of boldness and experimentation to be applied to the biggest problems of our time. We must, she argues, rethink t...
The Ownership Solution (Penguin business)
by Jeff Gates and Jeffrey Gates
Capitalism now reigns triumphant--but in the process has created dramatic inequalities of wealth and left many individuals feeling disconnected. Backed by enthusiastic support from a wide array of legislators, corporate leaders, Nobel laureates, environmentalists, and social and political activists, The Ownership Solution shows how to humanize and localize free enterprise by using ownership as a means for engaging more people in its design.
Capitalism in Crisis (Volume 1)
by Charles Hampden-Turner, Linda O'Riordan, and Fons Trompenaars
Never before has there been such a period of intense change at every level of our society. Almost everything that we took for granted is now open to debate, whether that be the relationship that Britain has with the rest of the world or, at a more personal level, how the company we work for adapts to an increasingly competitive marketplace, and how that will affect our jobs. Everything is up for debate. What we are all searching for is clarity, insights and a reminder of the lessons of history...
As the financial crisis continues to shake the global economy it has begun to expose cracks in the ideological edifice long used to justify neo-liberal policies of privatisation and austerity. This informed and accessible primer drives a wedge into these cracks, allowing the non-experts among the 99% to understand the flaws in the economic philosophy of the 1%. This is an accessible primer that explains the flaws in neo-liberal policies.
Richard Lachmann's work offers a new explanation for the origins of nation-states and capitalist markets in early modern Europe. Comparing regions and cities within and across England, France, Italy, Spain, and the Netherlands from the twelfth to the eighteenth centuries, Lachmann shows how conflict among feudal elites--landlords, clerics, kings and officeholders--transformed the bases of their control over land and labor, forcing the winners of feudal conflicts to become capitalists in spite of...
Even as the view of America as a rogue state consolidates abroad, Americans appear largely bystanders at the spectacle of their government running amok. People forget the myriad instances of their government's flouting of the Constitution and international legal norms - if ever they were aware of them in the first place - accepting to live in the increasingly pernicious "new normal" with little protest. This remarkable anthology of columns documents and reminds us of the extraordinary developmen...
"NATIONAL BESTSELLER"A look at how our current crises are caused by too much government, and how Ayn Rand's bold defense of free markets can help us change course. The rise of the Tea Party and the 2010 election results revealed that tens of millions of Americans are alarmed by Big Government, but skeptical that anything can or will be done to stop the growth of the state. In "Free Market Revolution, " the keepers of Ayn Rand's legacy argue that the answer lies in her pioneering philosophy of ca...
Rhetoric of the Right, The: Language Change and the Spread of the Market (Routledge Studies in the History of Economics)
by David George
Robert Boyer and Yves Sailard's Theorie de la Regulation introduces the Francophone public to one of the most important new currents in social science of the past half-century. This long-awaited translation will help broaden its impact still further. Regulation Theory focuses on the structural features of a given model and has helped enliven the examination of core economic concepts.
The Origin of Capitalism in England, 1400 1600 (Historical Materialism Book, #74)
by Spencer Dimmock
Incorporating original archival research and a series of critiques of recent accounts of economic development in pre-modern England, in The Origin of Capitalism in England, 1400-1600, Spencer Dimmock has produced a challenging and multi-layered account of a historical rupture in English feudal society which led to the first sustained transition to agrarian capitalism and consequent industrial revolution. Genuinely integrating political, social and economic themes, Spencer Dimmock views capital...