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After Capitalism (2nd Edition) (New Critical Theory) by David Schweickart

By David Schweickart

Publish yr note: First released in June twenty eighth 2002
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Since first released in 2002, After Capitalism has provided scholars and political activists alike a coherent imaginative and prescient of a workable and fascinating replacement to capitalism. David Schweickart calls the program fiscal Democracy, a successor-system to capitalism which preserves the potency strengths of a marketplace economic system whereas extending democracy to the place of work and to the buildings of funding finance.

In the second one version, Schweickart acknowledges that elevated globalization of businesses has created more than ever interdependent economies and the talk in regards to the desirability of entrepreneurship is escalating. the hot variation incorporates a new preface, thoroughly up to date info, reorganized chapters, and new sections at the fiscal instability ofcapitalism, the present fiscal obstacle, and China.

Drawing on either theoretical and empirical study, Schweickart exhibits how and why this version is effective, dynamic, and appropriate on the planet at the present time.

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Extra info for After Capitalism (2nd Edition) (New Critical Theory)

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The name or nature of the government that comes to power is also irrelevant. All postwar Western European countries have remained capitalist, even when socialist or social democratic parties have been elected, even when these parties have nationalized certain industries and/or instituted various public welfare programs. So long as most productive assets are privately owned, most economic exchanges take place through the market, and most people work for wages or a salary, a society is capitalist.

Anticommunist ideology has always stressed the atheism of “godless Communism,” since the abolition of religion is far more threatening to most people’s sense of self than is the abolition of private ownership of the means of production. ) Historical materialism is a philosophy of hope. When applied to the modern world, historical materialism claims that capitalism, the dominant economic system of Marx’s day and our own, will be superseded by a more rational order. ”16 But as anyone who has studied Marx knows, there is a blank page at precisely this point in his theory.

If it is anticapitalist—which it must be if it is to address the deep structures of economic injustice that pervade the world—it will certainly be so labeled by powerful entrenched interests. Counterproject, Successor-System, Revolution 7 It is pointless to contest these labels, which can in fact be worn with dignity. The counterproject should draw on the rich theoretical legacy of the socialistcommunist tradition, and take sustenance from the many heroic struggles waged by committed individuals identifying themselves with this tradition.

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